That's a lot of cake.

Smells like a dying tulip.

The Chinese invested heavily in education...meanwhile in the US, university students are glued to their phones.

This is just the tip of the iceberg

The AI boom runs on Graphics Cards, but their cards are also used for gaming and other computing uses. I wouldn't expect their value will drop much past 1/2 this current high. The drop may continue a little longer and the price will likely stabilize. Remember the new Chinese AI claims haven't been replicated nor validated yet so while they may be somewhat true the exact information for a new market equilibrium hasn't been confirmed.

Here is another thread with more info.

https://www.democraticunderground.com/100219948014

That computer was always trugging along and would get freezes etc.
I've had NVIDIA graphics cards ever since. Now they seem to have quite an array too! It was kind of dizzying trying to decide which one when I ordered an new PC in Nov.

I've always used Gigabyte cards and have never had a problem. They just make great cards and motherboards


Here's the best website for comparing IMO

https://www.techpowerup.com/gpu-specs/

Yes, it lost 25 points on Monday. It regained 11 of those points yesterday. While I don't know what it will do today, tomorrow or any time in the future, it's current stock price of 129/share is more than double the 62 dollars a share it was at one year ago today. And depending on when someone bought NVDA stock, they may have 10 times as many shares thanks to a 10-1 stock split last June. To put it another way, if you invested $6200 last January to buy 100 shares of NVDA, today you would have 1000 shares at $129 per share -- $129,000 on a $6200 investment.

So the NVDA investors I know are cautious, but not panicking.

It only doubled in last year, now bought a year yearlier or further ago is another story.

A real life example from a relative that bought 100 shares in August 2016 @$61.340per share -- a $6134 investment.
Over the next five years, the stock price climbed, hitting $800 per share in July 2021 = $80,000 on that investment of $6134
At that point, the stock split 4:1 and the price dropped to $195/share for what was now 400 shares. The initial share price after the split declined slightly, reducing the value of his holdings to $78,000. But the stock climbed again, hitting $1100/share in June 2024 -- leaving him sitting on $400,000 worth of stock. Then came the 10:1 split. The 400 shares became 4000 shares. The initial stock price post split was $117, increasing the value of the shares to $468,000, still having only spent $6134. The price has fluctuated since then, peaking at $138.50 in November, giving him a $554,000 stake. Even with this week's drop to $123.7 as of today its s till worth $494,800 -- not a bad return on $6134, even over 9 years and even with a paper loss of $58,000 since November.

They staple the whole US market. Just a 5 million dollar company. Can't believe it!!

Not quite sure what you mean but here are the facts. Even as the NASDAQ was dropping 612 points on Monday, the DOW was gaining 289 points. And a day later, the NASDAQ gained back 392 points and the DOW continued to increase by another 137 points.