I would be comparing how someone like Intel did during dot.com instead of Pets.com etc. Of course it far from being the same and Intel did struggle in the early 00’s but they still ended up dominating their market which had significant growth in the 20 years after dot.com.
Did Intel ever ‘grow’ into their massively overvalued valuation? No.. their stock never even reached it’s September, 2000 peak yet.
There is a chance that AMD, Intel, maybe Google etc. catch up with Nvidia in a year or two and data center GPUs become a commodity (clearly the entry bar should be lower than what it was for x86 CPUs back in) and what happens then?
Did Intel ever ‘grow’ into their massively overvalued valuation? No.. their stock never even reached it’s September, 2000 peak yet.
There is a chance that AMD, Intel, maybe Google etc. catch up with Nvidia in a year or two and data center GPUs become a commodity (clearly the entry bar should be lower than what it was for x86 CPUs back in) and what happens then?