NVIDIA ships new AI factory architectures yearly at ~15x P/E; Apple's folding phone gets ~33x

JFPuget · x · 2026-09-13

A reposted tweet contrasts market pricing of innovation: NVIDIA rolls out a new AI factory architecture every year or two yet trades at 15x forward P/E, while Apple gets 33x for introducing an 8-year-old idea — a folding phone. The takeaway: markets treat genuine infrastructure innovation as risky and reward incremental, predictable products.

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