The article discusses NVIDIA’s recent stock price surge, driven by strong earnings and investor enthusiasm. It highlights the company’s dominance in the AI chip market and the potential for further growth as AI adoption accelerates. The article also explores the cult-like following of NVIDIA among investors, fueled by memes and a sense of community. Key points include: NVIDIA’s stock price soared after reporting record earnings, driven by demand for AI chips. The company’s data center business, which includes AI chips, saw revenue growth of 67%. Investors have embraced NVIDIA as a pure-play on the AI revolution, leading to a cult-like following and meme-driven investing. The article cautions about the risks of such exuberance, drawing parallels to past investing frenzies. However, it also acknowledges NVIDIA’s strong fundamentals and the potential for continued growth in the AI market.