The amount of money being dumped into data centers is truly absurd.
No ai company is even remotely profitable. OpenAI is an extreme example being really good at burning through money with no gameplan to become profitable.
NVDA’s valuation is beyond absurd and if you pay some attention to there earnings call, it’s obvious that people are catching on.
Which is why their stock dropped even after what looked like a great quarter.
They are playing games similar to enron in 07.
