"It doesn't seem like a bubble. There's real demand there," says Thomas (Tom) Lee (not drummer) FundstratDirect.com's Tom Lee on $NVDA and the AI boom. "We're going to find out next week."

@fundstrat Agreed with labor shortage logic/argument for AI and the 10 or sAi companies that can enabling it. Andddd.. @fundstrat looked awesome today on @LastCallCNBC ... I need Tom Lee to live forever!!! He looked fit today. 🙏💪👍

@fundstrat NVDA was $350 in late 2021, since then it has added all of this AI momentum but the stock has actually only doubled from those levels. In the mean time its earnings and revenue in 2021 vs today was significantly lower. It deserves it, period.

@fundstrat It’s a bubble if the earnings aren’t sustainable. Is this double and triple ordering by companies or can they grow earnings for 5+ years?

@fundstrat What happened to the February air pocket?

@fundstrat 🦾

@fundstrat If you have to ask the question is it a bubble…it’s a bubble.

@fundstrat weakness under the hood

@fundstrat Tanke Mr

@fundstrat

There are three big reasons why $NVDA keeps going up despite the market is red: 1. All big cloud companies are planning to increase capex. 2. It’s launching new AI chip B100, that will be 2x faster than H200. 3. It started to get orders for the curbed chips made for China. These are driving the stock to new highs.