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Nvidia stock is up over 200% year to date and reported another record quarter, but it seems like the AI bubble might have popped.
Nvidia (NVDA 1.69%) reported another record quarter, but the stock is down. In this video, I will talk about the current sentiment around the market and more specifically the AI (artificial intelligence) bubble. I will compare Nvidia's valuation metric to Intel's and AMD's and show you why we're currently in a stock-picking market.
*Stock prices used were from the trading day of Aug. 24, 2023. The video was published on Aug. 25, 2023.
Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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