Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says
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… Article Source https://markets.businessinsider.com/news/stocks/nvidia-stock-undervalued-9-trillion-ai-spend-masayoshi-son-softbank-2024-10