Wall Street's current bullish sentiment towards NVIDIA (NVDA) might be overlooking potential risks. While the company continues to dominate the AI chip market, a significant correction could be on the horizon. Several factors contribute to this concern: overvaluation after recent gains, potential competition emerging in the AI sector, and broader macroeconomic uncertainties. Investors should carefully consider these factors and diversify their portfolios to mitigate potential losses. While NVDA's future remains bright, a cautious approach is warranted in the current climate.