After these epic earnings?
The outlook to me wasn’t great. Growth is slowing and it’s still early days. Their p/e is still absurd. This is basically a repeat of Tesla/bitcoin and will come crashing down. Enjoy it while it lasts and don’t be too greedy so take some profits.
I wouldn’t say their pe is absurd, it’s actually more reasonable than AMD, Intel, AVGO…but I agree that they won’t be able to maintain that margin a year from now
Net income of 12B this quarter, that's more than Facebook or Amazon for example. I agree the p/e is a bit high, but it's not crazy either.
i just bought a 4090 so that might be why