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Game Theory Suggests NVIDIA’s ~$500 Billion Valuation Blow Doesn’t Mean Any Apparent AI Bubble Has Popped 

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AI

With NVIDIA, the indisputable poster child of the ongoing AI mania, down to its lowest price level in around two months earlier today, skeptics came out of their prolonged slumber to gleefully pronounce that the AI bubble had popped. Yet, the escalating CapEx underpinned by game theory suggests otherwise. "If there was a bubble in the AI and Magnificent 7-part of the market, then last night saw it pop" Steve Clayton, Hargreaves Lansdown. — zerohedge (@zerohedge) July 25, 2024 Following a ~15 percent correction (from a peak of roughly $3.335 trillion in June to $2.820 trillion as of recent data) […]

Read full article at https://wccftech.com/game-theory-suggests-nvidias-500-billion-valuation-blow-doesnt-mean-any-apparent-ai-bubble-has-popped/

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