Nvidia Isn’t the Next Dot-Com Bubble. It’s the New GE.
Nvidia’s ‘printing money’ isn’t a sign of technical invincibility; it’s a feedback loop financing its own demise. By selling GPUs at massive margins to fund the AI boom, Nvidia is accelerating customers like OpenAI toward custom silicon. It’s not a bubble—it’s a financialized industrial giant walking the same tightrope as GE.