It may be longer, but I don't know the future or how well received AMD's Instinct lineup will be in the coming years. In a couple of years Nvidia might become the most valued company, beating even Microsoft.
High performance equals high dollars, and newer nodes are not getting any cheaper. Ask Intel who bought a new High NA tool from ASML for a cool 300-400 million for 1 tool!
That is why most comments from old time investors are not relevant, the world is changing and they are still clinging to what was. Sawm can be said of some CEO's who are not getting with the times and the company they are leading is dying because they are clinging to old ways and means. I know...
Nvidia is doing what investors, especially older investors, are not used to and if they saw this back in the day (i.e. the 1990's timeframe) it would be cause for great concern, but this ain't the '90's and they need to get with the fast moving technological times. If you look at stocks 30 years...
Market analysts are repricing nvidia so much that they don’t even know what to make of Nvidia now being the third most valuable company nipping at Apple’s heel.
https://www.thestreet.com/investing/stocks/analysts-revamp-nvidia-ai-rival-price-targets-as-new-business-model-grows