Bernanke - Nvidia

Why Nvidia’s Stock Is More Than Just Hype
By Ben Bernanke ChatGPT

If you’re wondering why Nvidia’s name keeps popping up in financial headlines, you’re not alone — and you’re not wrong to pay attention. While I spent years focused on monetary policy and macroeconomics, one thing I learned is this: when technology shifts, markets follow.

Nvidia’s rise isn’t just about gaming graphics anymore. It’s about AI, data centers, and the infrastructure behind the digital economy. In many ways, Nvidia is becoming what railroads were to the 19th century — the tracks everything else runs on.

Its stock performance? Impressive, yes — but also reflecting genuine demand for its chips in powering everything from ChatGPT to self-driving cars. Is it priced for perfection? Possibly. But in a world increasingly driven by computation, it’s a name worth watching.

Sometimes, markets do get excited. But sometimes, they’re just early to a truth. Nvidia might be both.

— Ben