> Nvidia has current market cap equivalent to ~8 times ExxonMobil.

$XOM's current revenues are known and no one will suddenly be throwing billions at them for CapEx purposes. People are throwing billions at the general direction of $NVDA. That's the difference: which company has a better change of (growing) more revenues and profits in the future?

> The AI stocks nowadays are pumped up by pure hype, and it's inevitable that the market will recalibrate sooner or later

And until that recalibration happens you can buy now and see your holdings go up; then, once you're happy with the ROI (10%? 20%? More?), you can sell and realize your capital gains and have a large number in your account. Or you can not buy now and potentially miss the ride up.

Just because The Market™ is (allegedly) irrational does not preclude the possibility you can make money.

> Just because The Market™ is (allegedly) irrational does not preclude the possibility you can make money.

yeah, of course, that's how the whole deal works. I was just pointing out how most of it looked a bit crazy to me