Originally Posted by ToTheSun!
So, GTX went to mining. Jensen knew, but, for all intents and purposes, he really didn't, nor could he. Investors thought cards would sell like that forever and put money down accordingly. It turned out they're not making as much money as they thought they would.
Do they even have legal grounds to win anything in court? Technically, gaming cards were selling, and, technically, nVidia didn't necessarily know what people were using them for.
No. Well, it depends on how intelligent the judge is really, but it's going to be treated just like a cyclical industry with an ebb and flow of income.
Part of why investing is so lucrative is due to the uncertainty of businesses. You take the risk with the reward and everything is priced accordingly.
Also I love the avatar.