3. To justify current valuation revenues must continue to grow next 4-5 years until plateauing while Nvidia profit margin gradually declines to something normal, like 30%.
High growth is fragile. The value of Nvidia has dropped 50% multiple times in the past. Recression, or temporary oversupply, anything can mess it.
High growth is fragile. The value of Nvidia has dropped 50% multiple times in the past. Recression, or temporary oversupply, anything can mess it.