Technology

"If we delivered a bad quarter, it is evidence there's an AI bubble. If we delivered a great quarter, we are fueling the AI bubble."

The proper way to read this is:

"We absolutely, 100% are in an already over inflated bubble, therefore if we deliver a bad quarter it could be a sign of the bubble popping. If we deliver a good quarter, we are fueling the bubble further"

I wonder how the quarters are going to look next year when OpenAI cannot pay Oracle 6 times their current revenue in contracts, and therefore Oracle won't deliver the contracted Data Center capacity requiring 2 non-existen Hoover Dams worth of power to run them and therefore NVidia will be left holding the bag on millions of commissioned but not sold GPUs

No one will appreciate when you crash the entire economy either you greedy cow

“We’re basically holding the planet together — and it’s not untrue.”

So he admits that it's a bubble set to burst.

This guy is certifiably evil.

I mean, they did make a lot of money, but they also had an extremely high valuation.

https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio

NVIDIA PE ratio as of November 20, 2025 is 48.45.

Something like 20 is typical for a mature company. Tech companies have, in the past, often had higher ratios, but that's based on their expectation to grow a lot rapidly, and expecting NVidia to dramatically grow from their current

already very high

valuation is asking a lot.

If NVidia were a small tech company that was doing well and clearly had a lot of market to expand into rapidly, that would be one thing.

I think that in general, the market has been pretty good to NVidia. Their share price is up 31.22% since the start of the year. 1,247% over the past five years.

Yeah because more information has come out about Nvidias fraudulent investing and valuation.

“We’re basically holding the planet together — and it’s not untrue.”

Maybe you should change that. Make it two or three at least.

Those figures are just as virtual as the "success" of these fools. Sadly the damage done by this gigantic bubble is already very concrete, but its explosion might have terrible consequences for a lot of honest people.