$NVDA is now trading at 29x sales and 182x earnings. Investors are pricing in enormous growth from AI but I think the earnings call next Wednesday (May 24th) will be a catalyst to remind the market how insanely fast Nvidia will have to grow to fulfill these expectations.
Obviously there could continue to be a melt up— I've seen crazier things. But for now I'm guessing Nvidia will trade at 7% less this time next week.