“Before we work on artificial intelligence why don’t we do something about natural stupidity?”—Steve PolyakYou don’t need to be an expert in semiconductors or A.I. to know that something is not quite right with the Nvidia valuation. As of yesterday’s market close, Nvidia was selling for a market cap of $1.5 trillion, up 420% since October 2022. Trailing twelve months (TTM), Nvidia EPS (earnings per shares) was $7.58 and the share price now sits at $616. This means that NVIDIA stock is selling fo...