Nvidia: ChatGPT Driving This Year’s Hype Train (Rating Downgrade)


  • Nvidia Corporation’s GPUs have powered the birth of a game-changer: OpenAI’s ChatGPT – the Generative AI causing a buzz in the tech world.
  • Microsoft Corporation and Nvidia unite to unleash a “massive cloud AI supercomputer,” showcasing Nvidia’s unrivaled AI prowess.
  • Nvidia’s ChatGPT hype speeds towards commercialization, outpacing last year’s metaverse/omniverse buzz.
  • Is Nvidia’s growth premium sustainable, or will the hype bubble burst?

Semiconductor Maker Nvidia Reports Quarterly Earnings

Justin Sullivan

NVIDIA Corporation (NASDAQ:NVDA) stock has outperformed the S&P 500 (SP500) since it bottomed in October, up more than 90% through its highs last week.

Bearish investors betting on a further decline must be stunned at how quickly investors

NVDA price chart (weekly)

NVDA price chart (weekly) (TradingView)

Disclosure: I/we have a beneficial long position in the shares of NVDA, META, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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