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Re:Nvidia to Acquire Mellanox for $6.9B by bigtones on Monday March 11, 2019 @11:09AM (#19359496)
That's not true - see Amazon. Public markets value and price future potential profit.
Re:Nvidia to Acquire Mellanox for $6.9B by valuearb on Monday March 11, 2019 @11:31AM (#19359685)
Essentially it's true, the market values each companies stream of future earnings out to infinity, discounted back for time to present day value.

The market just has a big dissonance in how it estimates and discounts those future earnings. Amazon is seen as a future huge profit maker, while Apple is viewed as perpetually at risk of a large scale decline in it's recent profitability.