NVDA way too expensive

Based on historical data, NVDA is pretty expensive. I know a lot speak about “quality is expensive”, and “NVDA is the future and has massive growth” but based on this:

https://ycharts.com/companies/NVDA/pe_ratio

NVDA has a PE of 48. Back in 2019, it was 19. On a 5-year chart, the PE has been WAY lower for years than it is now.
From 19 to 22, the shareprice quadrubled, but the earnings only doubled.
AMD, GOOG, and similar techstock are all at a 5-year lowest PE. I can see NVDA going way lower to at least 150. The growth is similar to GOOG and AMD but its priced twice as high.