Comment on Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears

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megopie@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

They’re about a 2/3rds majority in the consumer and workstation market, and that’s not insignificant, but that’s also not a significant part of their revenue by this point, nor is it why their stock makes up a terrifying percentage of the S&P 500.

If their revenue returned to just being that, they’d basically cease to be a relevant company and their stock price would carter.

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