I think the current value in the stock is not just the high demand for the new cards fueled by a VR upgrade cycle, but speculation on their gains in the HPC and

I think the current value in the stock is not just the high demand for the new cards fueled by a VR upgrade cycle, but speculation on their gains in the HPC and "deep learning" markets (where CUDA/cuDNN is so far ahead of openCL that from my vantage point they have a monopoly for now). I think that Nvidia can continue to compete on the high end because of the overlap of high end consumer markets with those other two. My full disclosure: I am very long Nvidia (and it has been very kind to me so far)