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Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears (www.investing.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 1 point 1 year ago (1 child)

Thanks for the info. Silly me didn't realise Nvidia doesn't manufacture semiconductors. I thought Nvidia also does because they are one of the leaders in GPU. Speaking of GPUs, at the very least they command the GPU market.

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  • [–] 1 point 1 year ago*

    They’re about a 2/3rds majority in the consumer and workstation market, and that’s not insignificant, but that’s also not a significant part of their revenue by this point, nor is it why their stock makes up a terrifying percentage of the S&P 500.

    If their revenue returned to just being that, they’d basically cease to be a relevant company and their stock price would crater. It’s a decent business to be in, but, it’s not a infinite growth, line goes up forever, business to be in.

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