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NVIDIA Refutes AI Bubble Theory Again! Is the AI Express Still on Track?

On December 2 in the U.S. Eastern Time zone, NVIDIA’s stock price surged nearly 4% at one point. NVIDIA’s CFO stated that they do not believ Show More
On December 2 in the U.S. Eastern Time zone, NVIDIA’s stock price surged nearly 4% at one point. NVIDIA’s CFO stated that they do not believe there is a bubble in the artificial intelligence (AI) sector and estimated that the scale of data center infrastructure could reach between $3 trillion and $4 trillion by 2030. Currently, most of NVIDIA's AI chips being shipped are used for building new data center infrastructure rather than replacing existing equipment. Recently, NVIDIA invested $2 billion to acquire shares in Synopsys, a leading chip design software company, further deepening their strategic partnership in AI engineering design. NVIDIA’s latest statement has once again sent a positive signal: Can the AI express continue to maintain its momentum? Would you consider adding positions on dips recently?
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