Some people bought the stock at 280 and are at 50 percent loss right now
That's kind of on them isn't it... 10x in ~3 years for stocks sorta expects a pull back at some point
Yes that's right. Thing is that all semiconductor companies start showing signs of struggling after reaching market cap of 100bn dollar and it's hard to stat above that cap
Crypto and trade wars are temporary effects, though may leave lingering tremors behind that takes longer to recover from. Competition is to watch for but I think AMD, Intel and Google are mostly distractions..
Meanwhile AMD rose over 9% today.
Past 12 months AMD is up 100%, NVIDIA is down 46%.
NVDA was up 10x from just 3 years ago until ~6mo ago, probably still up 5x. Have perspective.
Regular comparison of the trends between NVIDIA and AMD clearly showed a lot of correlation between their stocks timeline since last summer. There was only one large discrepancy in October. Besides that their courses were more or less parallel. This changed a couple of months ago. Now the correlation is over and NVIDIA clearly goes down and AMD goes up. Their paths finally diverted and AMD is a cleaner winner. What happened 3 years ago is irrelevant and is over.
We are moving up. But it just repeats the market move. It correlates with S&P 500.
I see NVDA still on a downward trend. Anyone else thinks it's going down near 100?
Doubled down at 140 and it’s going up. Recent article about Nvidia being a market leader now and in the future too. Thanks for all your hard work Nvidia folks, and I wish to see it reach $250 again :)
👍
What a great investment 🤑🤑🤑🤑🤑
Still holding since 200s
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Who's the competition again? Google with Stadia, TPUs.. eh maybe. AMD = lol they aren't even trying to compete directly Car industry will take a long time to shake out winners and losers, but it's ripe for long term contracts as of now. Check out Coreteks YouTube channel for some good insight into chip company stuff.