It was just three months ago that Nvidia turned heads in the tech world with the DGX Spark, a $4,000 desktop supercomputer that was meant to help democratize AI beyond corporate giants. Things move fast in the AI world, though, and the company has another, more powerful model coming to market in the next few months.

The announcements reflect a calculated shift from discrete chip sales to integrated systems that address enterprise infrastructure bottlenecks.

Michael Burry of "The Big Short" fame said Nvidia is "simply the purest play" for an investor to bet against the AI boom.

Peter Thiel is a legend in Silicon Valley. He was one of the founders of PayPal, after which he went on to co-found Palantir. He was also one of the first outside investors in Facebook (now Meta Platforms ), so he also has a sharp eye for investment opportunities.

For investors familiar with Nvidia's vertical move, Sosnoff's "boring" label makes the thesis clear: The AI revolution is real, but the easy money has been made. If the market faces a spring correction, the most crowded trades may be the first to fall.

Clearly, Nvidia has been a massive beneficiary of the AI trend, with its stock surging over 1,082% in the past three years. In the past year alone, it jumped over 30% making multiple records in the process. Obin argues that the market continues to react to the incorrect signals, arguing over cooling efficiency and chip thermals.

The average Wall Street analyst projects $320 billion in revenue for fiscal year 2027, at Nvidia's current 53% profit margin, which would equate to $170 billion in profits by the end of the fiscal year. Nvidia's current price-to-earnings ratio is 46, which is actually cheaper than it has been over the past few years.

Nvidia shares are down by under 2% since Huang gave his highly anticipated CES speech. Keep in mind that this week the markets hit a record, with the Dow Jones Industrial Average ( ^DJI) knocking on the door of 50,000. So the weak action in Nvidia has stayed with me mentally.