The Feeling of Helplessness 😣
Also in today's edition: Bitter Tales of Big Tech Layoffs & Are Layoffs Good?
Nvidia is perhaps the only company in the world that is a victim of its own success. In a market that’s never still, it fights to stay relevant.
Last year, when Web3 platform Ethereum announced the Merge – a move away from proof-of-work to proof-of-stake protocol. The prices of many popular NVIDIA GPUs, such as NVIDIA’s RTX3080 tanked by nearly 60 percent over the past 90 days across some parts of the globe. This also left a big impact on its stock prices.
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