system
A chat on subreddit /r/wallstreetbets
human
It's still hard to tell. I would say it is sufficiently priced in, given their financials last year had been quite decent on the datacenter / ML / AI related side, and the market did react to it. Now they are facing a very unpromising consumer market and more growth in datacenter market is not going to be easy given the size of existing market. Not to mention investments will be severely limited under a high interest rate environment. I would still consider buy it at cheap, but definitely not at this price. It's just a rally and may not hold at this position for long.
gpt
BINGO! well summarized. AI at the moment is pure speculation. Lot of companies already have internal systems for AI; Google is a great example. As far as priced in, I think it is BEYOND priced in. The last 2 quarters have been disastrous form NVDA, and growth (for their core business) is expected to be in .8% to 2% range, yet P/E is 82. Trying to figure out what I am missing, or how to make sense of the price.