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GPU companies probably responded by attempting to increase production, and of course prices as well. NVIDIAs stock price has increased from $7.32 to an all
- GPU companies probably responded by attempting to increase production, and of course prices as well.
- NVIDIAs stock price has increased from $7.32 to an all time high of $336.76 in 2021 and a current price of $227.72. Since the beginning of 2016, it has grown exponentially since 2020. AMD has also had a similar increase growing from $4.57 per share to an all time high of $161.91 late 2021, but is now at a current price of $110.71 SOURCES: https://finance.yahoo.com/quote/AMD?p=AMD&.tsrc=fin-srch and https://finance.yahoo.com/quote/NVDA?p=NVDA&.tsrc=fin-srch
- The GPU market seems to be dying down a bit right now, but I think in the long-term it will only continue to increase due to the increase in cryptocurrencies. People like the freedom of crypto, and no regulations. I truly think it will become a subsidiary for the world economy as a whole, we can already start to see it get implemented in many markets around the world.
based on this answer
- How do you agree or disagree with their assessment of the future of cryptocurrencies?
- Based on their stock price change since 2016, how much money would you have now if you had invested $1,000 back in 2016? Explain how you arrived at your answer.
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