Nvidia, AMD Hit Records; DBS Says AI Rally Not a Bubble — SkimNews
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- Nvidia and AMD hit record highs, though one analysis (Yahoo Finance) argues broader tech stocks are still undervalued at current levels
- DBS says Nvidia's valuations show the AI rally is not a bubble, while options traders are positioning for a $6 trillion market cap milestone (Bloomberg, CNBC)
Why it matters: Multiple bullish markers on Nvidia — record highs, DBS's explicit 'not a bubble' call, and options traders targeting $6 trillion — show the market still views the chip leader's valuation as defensible rather than stretched, a key data point for investors weighing buys at all-time prices.
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