As a technical analyst i'd the other side to that argument.
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You would have to be a real moron to short NVDA or even to be bearish in any way on this company.
Being a chip manufacturer, margins will expand to at least double where they are today and they will be able to grow revenue easily at 20% a year for the next decade, and they won't require much capital to do so. Nor will they come under attack from anyone or anywhere as they are the only company that can do AI, nobody else even knows what it is. This is NOT a boom bust industry.
Take your current revenue of 30 billion and grow it at 20% for the next decade (lots of companies have done this before not that hard) and then while this is happening double your margins (very simple to do in this industry) and you end up in 2033 with revenue of 220 Billion and a 40% margin sees you with 88 billion net income, then of course after all this you will capitalise at 30 times those earnings for a company worth 2.6 trillion. This will give you a 9% return.
A 9% return for a company growing earnings at 20% a year for a decade and doubling margins and not spending any capital . Simple stuff folks...
Microsoft, Cisco, Intel, IBM, America Online, Oracle, Dell, Sun Micro systems, Qualcomm, Hewlett Packard.
Us going to shutdown they say
Hope investors don’t panic