| ▲ | hollerith 4 days ago | |
>design is less of a challenge than manufacturing. If so, can you explain why Nvidia's market cap is much higher than TSMC's? (4.15 trillion versus 1.10 trillion) | ||
| ▲ | JeremyNT 4 days ago | parent | next [-] | |
I'd just say "market irrationality" and call it a day. TSMC is far closer to a monopoly than NVIDIA is, and they win no matter which fabless company is buying their capacity. | ||
| ▲ | ndai 4 days ago | parent | prev [-] | |
You could be right. But it could also be due to things like: automatic 401k injections into the market, easy retail investing, and general speculative attitudes. | ||