- Nvidia stock has formed a bubble, and should it pop, that could trigger a total market crash, the investing legend Rob Arnott says.
- He classed the chipmaker company as a “textbook story of a Big Market Delusion” due to its sky-high valuation.
- “Would Nvidia’s popping bring down the whole market? “It’s very possible,” Arnott said.
Nvidia’s stocks have formed an asset bubble following this year’s stunning rally — and should it pop, that could trigger a broader market crash, investing legend Rob Arnott says.
The Research Affiliates founder classed the semiconductor stock, which more than tripled in value this year thanks to AI hype, as a “textbook story of a Big Market Delusion,” Bloomberg reported.
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