Jul. 30 at 12:10 AM
$SOXX We know the market always goes to the extreme on both ways. Semi industry has many sub-sectors they need to be valued differently. At the end of internet bubble the leader
$CSCO was valued at 15 pe.
$NVDA next fiscal year earning is estimated at
$12 * 15 = 180
AH NVDA was traded at 188. We are tading NVDA at the end of the bubble price. All other semi are probably trading at their similar prices.
Make no mistake it is not at the end of the cycle.
$SOXL $SOXS
If you would like to discuss other semi valuation, I am happy to share my calculation later
