The only ones guaranteed to make money in a Gold Rush are the ones selling shovels.
That said, NVIDIA made the mistake of lending money and/or investing directly in the ones doing the “gold mining”, so now they’re heavilly exposed to the side of things that loses a lot of money when it turns out that it was all Fools’ Gold.
When it comes to manias, some things are always the same.
The only ones guaranteed to make money in a Gold Rush are the ones selling shovels.
That said, NVIDIA made the mistake of lending money and/or investing directly in the ones doing the “gold mining”, so now they’re heavilly exposed to the side of things that loses a lot of money when it turns out that it was all Fools’ Gold.
When it comes to manias, some things are always the same.