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Nvidia has reached a significant milestone, hitting a market cap of $5 trillion. Adam Khoo, an investor, emphasizes that he has not sold any shares since investing in late 2022, despite the stock rising by 1,246 percent.
Khoo argues that Nvidia's current valuation reflects the company's transformation over the past three years, countering critics who deem the valuation unreasonable.
Nvidia’s valuation surge stands in contrast to broader concerns about stock market overvaluation, a topic Fed Chair Powell addressed in remarks analyzed in detail in last year’s discussion of market excesses. The company’s ascent also reflects a broader investor shift embracing new opportunities, as observed in Adam Khoo’s account of investment transitions away from traditional assets toward high-growth sectors.