Published: October 29, 2025 at 5:04 pm
Nvidia’s march toward a $5 trillion market valuation has become the defining symbol of AI’s dominance in global markets.
However, according to deVere Group CEO Nigel Green, it is also a reminder that investor enthusiasm may be outpacing financial fundamentals.
“AI is transforming the global economy and remains the single most powerful force shaping the future,” said Green.
“But valuations are expanding faster than earnings. The technology is real, the transformation is real, but the profitability still has to prove itself.”
Nvidia’s staggering growth – with revenues more than doubling over the past year and quarterly sales exceeding $44 billion, largely from its data-centre business – reflects the high demand for chips powering AI systems across industries.
Yet Green, who leads the now-Dubai-based FinTech, has warned that much of this momentum is “built on anticipation more than profit”.