Bear,
I think when people are talking about Intel and NVIDIA, they are comparing where NVDA is now to where INTC was in early 90s, at the beginning of the PC boom rather than fundamentals of where both are currently.
Intel also comes up because it is a competitor. People can debate how much of a threat they are currently and potentially.
There is no doubt NVDA is expensive. Also that they have a positive future.
For me, I am happy with where they are in my portfolio but will be keeping a close eye for anything that comes up to give me pause. They are currently at 5%, mostly by growing, not by funds allocated. I would like to say I won’t trim just based on valuation, but if they get really crazy ex[pensive, I will have to see.
Kevin