Meta Platforms Inc (NASDAQ:META) outpaced Nvidia Corp (NASDAQ:NVDA) in August, with Meta stock gaining 13.69% versus Nvidia’s 9.39% rise. This unexpected shift has sparked debate over whether the AI leader, Nvidia, might be facing a valuation reality check. Chart created using Benzinga Pro Nvidia’s High-Flying Act: Is The Bubble Bursting?Nvidia, a dominant force in AI chips and GPU technology, has enjoyed a meteoric rise, driven by the booming demand for AI and data center solutions. However, its high valuation — currently trading at a price-to earnings multiple (P/E) of 55.13 — a significant …