Nvidia is turning into a $5 TRILLION ticking timebomb

When Nvidia posted blockbuster results 11 days ago the relief was palpable. The artificial intelligence (AI) pioneer – and world’s most valuable company – had eased growing fears that the tech bubble was about to burst. Demand for Nvidia’s state-of-the-art Blackwell computer chips was ‘off the charts’, said its leather-jacketed boss Jensen Huang. ‘AI is going everywhere, doing everything, all at once,’ he added. The headline numbers certainly looked impressive. Turnover of $57 billion in the three months to the end of October was 62 per cent higher than a year ago. Gross margins – a measure of how much…