Opinion: Yes, Nvidia’s Value Is Sky High. Buy It Anyway.
The Motley Fool’s Jennifer Saibil says Nvidia’s record-setting $5 trillion valuation is underpinned by a series of profitable new partnerships and should not discourage further investments.
Nvidia, the home of OpenAI and a leader in AI research and development, is brokering new deals “on an almost daily basis,” Saibil notes, adding to a client list that already includes Cisco, Dell Technologies, HPE and, more recently, Uber and Palantir Technologies.
“Not only will these deals be huge revenue drivers, they imply that there is a vast, long-term opportunity in the AI processing space, and Nvidia sits at the center of it,” Saibil writes.
