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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

  1. GPU companies probably responded by attempting to increase production, and of course prices as well.
  2. 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
  3. 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

  1. How do you agree or disagree with their assessment of the future of cryptocurrencies?
  2. 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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