Ten years ago, in my impression, the market cap of $NVDA was only one-seventh of $INTC .
As it turns out, it’s the other way around now: Nvidia’s market cap is 9 times Intel’s—$5.64 trillion versus $630 billion.
$AMD also saw several other semiconductor peers climb just as sharply.
The most brutal bull-to-bear reversal in semiconductor history—just like that, it’s happening right before our eyes.