[ggm]

And yet NVDA stock rises and rises. You would think, if the question is too ridiculous to be posed, that there would be clear signs what people want the magic chips for. And in due course, signs of innate value and not meme-stock inflation in the companies consuming Nvidia product, aside from the DC owners: Microsoft and AWS will find a way to pass their burden on to more gullible people, they won't be holding dead asset.

I consider the posing of the question a reasonable first approximation to "the emperor has no clothes". I would like to see a couple of blue chips, who make significant outcome in real world goods and services from this input source. Or a finance house or investment bank who decides to sack their quants. If they just supplement the quants with chips, then I think the claim the chips add value is open to doubt.