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A comment on How AI Is Catapulting Nvidia Toward the $1T Club. Parent comment

Re:How AI Is Catapulting Nvidia Toward the $1T Club by killjoywashere on Friday May 26, 2023 @03:50PM (#36088767)
Cisco peaked at $77.00 in March 2000. It's currently $50.00. In the interim there have been no splits.

Intel peaked at $73.94 in September 2000. It's currently $28.99. In the interim there have been no splits.

NVidia has split 5 times (cumulative 48x) since 2000. It closed 2000 around $2.92. It is currently $389.93. Totally gain 6400x. If you ignore the last 12 months, NVidia's last peak was $315 in 2021, for a total gain of 5178x. -ish.

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Re:How AI Is Catapulting Nvidia Toward the $1T Club by startupsfail on Friday May 26, 2023 @08:49PM (#36091060)
Ask GPT-4, maybe it will say that this is not that unreasonable. Artificial intelligence is might be once-in-a-civilization-lifetime event.
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by luckman212 on Saturday May 27, 2023 @09:34AM (#36094701)
"On a long enough timeline, the survival rate for everyone drops to zero."
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by bagacrap on Sunday May 28, 2023 @12:58AM (#36101279)
I'm concerned that if AI really lives up to the hype that retail investors are thinking, it's more of a civilization ending event than some sort of ascension to heaven.

Meanwhile the hedge funds and institutional investors are just trying to ride the momentum while it lasts, which could be for a while.

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Re:How AI Is Catapulting Nvidia Toward the $1T Club by pfannkuchen on Saturday May 27, 2023 @02:07AM (#36092452)
I imagine we might be looking at different points in each company’s lifecycle? Nvidia was founded in the 90s. If we look at intel’s stock over the same range relative to the start of the company, what happens then? Feels like this comparison is not that relevant to the dot com bubble and whether AI is similar.
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by jeffwass on Saturday May 27, 2023 @11:02AM (#36095362)
Looks like you’re double-counting the splits.
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by killjoywashere on Sunday May 28, 2023 @08:10PM (#36109095)
No, they just did a couple unusual splits: https://www.stocksplithistory.com/nvidia/
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by jeffwass on Monday May 29, 2023 @03:48AM (#36111712)
The $2.92 price you mentioned as closing the year 2000 is almost certainly split-adjusted.
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Re:How AI Is Catapulting Nvidia Toward the $1T Club by mikeweiss on Monday May 29, 2023 @04:44PM (#36117909)
Why wouldn't you just reference market cap instead of share price..... Ugh
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