Back in July 2016, gamers dropped $249 on a GTX 1060 graphics card. That same $249 invested in $NVDA stock that day? Now worth $30,940.
That's a 124x return in under 9 years. The hardware depreciated to zero. The equity compounded at ~80% CAGR.
This is the difference between buying the product and owning the platform. Jensen built the picks-and-shovels play for AI before anyone called it AI. Every data center, every LLM training run, every inference workload—$NVDA collects the toll.
The 1060 was a great card. The stock was a generational trade.
That's a 124x return in under 9 years. The hardware depreciated to zero. The equity compounded at ~80% CAGR.
This is the difference between buying the product and owning the platform. Jensen built the picks-and-shovels play for AI before anyone called it AI. Every data center, every LLM training run, every inference workload—$NVDA collects the toll.
The 1060 was a great card. The stock was a generational trade.