Cisco peaked at $77.00 in March 2000. It's currently $50.00. In the interim there have been no splits.
Intel peaked at $73.94 in September 2000. It's currently $28.99. In the interim there have been no splits.
NVidia has split 5 times (cumulative 48x) since 2000. It closed 2000 around $2.92. It is currently $389.93. Totally gain 6400x. If you ignore the last 12 months, NVidia's last peak was $315 in 2021, for a total gain of 5178x. -ish.
I imagine we might be looking at different points in each company’s lifecycle? Nvidia was founded in the 90s. If we look at intel’s stock over the same range relative to the start of the company, what happens then? Feels like this comparison is not that relevant to the dot com bubble and whether AI is similar.
I'm concerned that if AI really lives up to the hype that retail investors are thinking, it's more of a civilization ending event than some sort of ascension to heaven.
Meanwhile the hedge funds and institutional investors are just trying to ride the momentum while it lasts, which could be for a while.
Intel peaked at $73.94 in September 2000. It's currently $28.99. In the interim there have been no splits.
NVidia has split 5 times (cumulative 48x) since 2000. It closed 2000 around $2.92. It is currently $389.93. Totally gain 6400x. If you ignore the last 12 months, NVidia's last peak was $315 in 2021, for a total gain of 5178x. -ish.