- May 4, 2000
During the mining craze Nvidia saw what some people were willing to pay for a GPU, and decided to be greedy when they launched their RTX series. I guess they overestimated how many people were willing to spend $800 - $1200 for a video card. I understand them increasing the price, but IMO they just went too far, too fast.
AMD ended the year as the top-performing stock on the S&P 500, up 79.6%
Nvidia stock’s 54-percent drop in the fourth quarter made it the worst-performing company on the S&P 500 over that time period.
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