Nvidia stock is undervalued because AI companies need to spend another trillion to achieve superintelligence, Softbank CEO says

Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says

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  • The CEO of Softbank says Nvidia stock is undervalued despite its huge valuation.
  • Maysoshi Son predicts AI spending will boost Nvidia’s chip business significantly over the next decade.
  • Son envisions artificial…

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https://markets.businessinsider.com/news/stocks/nvidia-stock-undervalued-9-trillion-ai-spend-masayoshi-son-softbank-2024-10