I think the amount of turmoil around these deals is giving more weight to the possibility that we’re in a massive bubble thats quite divorced from any kind of fundamentals. Sooner or later the bubbles gonna burst.
Not in a bubble yet. Wait till your aunt takes out a second mortgage to chase NVDA stock to the moon. My guess is this will continue until later this decade with some bumps in between. That said, it’s absurd these guys are paying people so much money for what I think amounts to being context management off of some markdowns.