"NYU's Damodaran Labels NVIDIA a 'Money Machine'"
NYU finance professor Aswath Damodaran has labeled NVIDIA Corporation (NASDAQ:NVDA) a "money machine" despite previously expressing skepticism about its valuation. NVIDIA's significant market cap growth, driven by its AI advancements, has attracted positive attention from analysts and hedge funds. The company's latest AI products and strong performance in gaming and data centers are expected to sustain its growth, making it a key player in the AI sector.