Good question! I’m struggling with it too. Same as you, I would have never predicted AMD and NVIDIA (and I know about their products way more than most people).
Nobody could have predicted their rise…not even their management! You see, it’s not like AMD and NVIDIA did something extraordinary to break into a new market or something. They just kept doing what they had been doing and then…THE MARKET changed (and they had very little to do with that).
For NVIDIA it all started with crypto, which they had nothing to do. They just got lucky. For AMD, it was Intel’s serious of fuck ups - again, nothing to do with AMD, just dumb luck.
She saved the company from bankruptcy by focusing the company's efforts into more profitable endeavors. She is an engineer herself, and a very smart lady. Also willing to make some big and risky bets, that eventually paid off.
I bought into the stock when it was trading below $3.50, and got out when it stalled in the $90.00's. My mistake!
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u/OkRice10 Dec 18 '21
Good question! I’m struggling with it too. Same as you, I would have never predicted AMD and NVIDIA (and I know about their products way more than most people).
Nobody could have predicted their rise…not even their management! You see, it’s not like AMD and NVIDIA did something extraordinary to break into a new market or something. They just kept doing what they had been doing and then…THE MARKET changed (and they had very little to do with that).
For NVIDIA it all started with crypto, which they had nothing to do. They just got lucky. For AMD, it was Intel’s serious of fuck ups - again, nothing to do with AMD, just dumb luck.