It is kind of interesting to see that even with this crazy run up in price over the past week, the PE ratio is around ~65 (for comparison Apple's PE is at ~30 and AMD is ~240). Considering the "expected growth" in AI the PE ratio doesn't seem too bad. Of course, PE ratio is just one parameter and doesn't necessarily describe the whole picture.
I also wonder whether the announced stock split is contributing to the short-term price increase (since people will expect more money to flow in once the stock is a more "accessible" ~$100).
I also wonder whether the announced stock split is contributing to the short-term price increase (since people will expect more money to flow in once the stock is a more "accessible" ~$100).