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Will Space Internet Change the World?

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Will Space Internet Change the World?

 

Will Space Internet Change the World?

In case you haven’t heard, there are some big hitters in the tech world (Google and Facebook) trying to provide free Internet access from space! Does anyone remember the days of AOL dial up?

For everyday folk, the immediate impact would be free Internet. But for investors, this may be an interesting opportunity to look into. According to Google, two thirds of the world’s population is without Internet access. If a project by Google or Facebook provided internet to rural areas and developing countries, demand for products that use wireless internet connection would likely skyrocket.

Hand held device manufacturers and companies that produce the necessary hardware to utilize the free Internet would see a demand boom. Companies like Cisco, Motorola, Nokia, etc. will benefit and their shareholders’ investment will too.

Also, the social and educational impact on developing countries would be huge. Online education may very likely be the way of the future. Major universities like University of Pennsylvania’s Wharton School of Business are offering almost entire degrees for free online. The potential macro and long-term impact on developing countries is enormous. Better educated populations will transform their nations to become more productive and in turn, will generate demand to consume more goods and services. Not a bad thing for investors.

Source: computersciencedegreehub.com

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What Would $5,000 Invested in Nvidia Be Worth Today?

Small fortunes have been made for those investing in Nvidia stock. But how much would have they earned if they bought before it skyrocketed?

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What Would $5,000 Invested in Nvidia Be Worth Today?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Investing in Nvidia has been highly lucrative, especially for investors who got in early.

As America’s largest chipmaker, its stock price has soared given its critical role in powering AI. Last year alone, its share price jumped 272%, vaulting it into becoming one of the world’s most valuable companies.

This graphic shows how much a $5,000 investment in Nvidia would have grown over time, based on data from Yahoo Finance.

Investing in Nvidia Before the AI Boom

Below, we show how much an investment in Nvidia would have increased in value over the last several decades:

Year Invested (January 1st)Stock PriceStarting ValueValue Today (as of Feb 15, 2024)
2000$0.77$5,000$4,718,052
2010$3.85$5,000$943,610
2015$4.80$5,000$756,854
2020$59.11$5,000$61,460
2023$195.37$5,000$18,595

For those who bought in 2000, a $5,000 investment would be worth over $4.7 million today, with Nvidia’s stock price rising 94,261% over the time period.

At the time, Nvidia had just invented its graphics processing unit (GPU), which allowed computer graphics to render more seamlessly in video games and video editing. These high-performance units complete complex computing tasks, and Nvidia was creating leading technology at the time.

Over the last decade, Nvidia has increasingly focused on AI technology, with key developments launching as early as 2012. Yet it was not until 2020 when its share price really began to soar as the company’s end customer segments increasingly became data centers and cloud computing, alongside video games.

In fact, since 2020 alone, its share price has soared 1,129%—making a $5,000 investment worth twelve times as much today.

So far this year, its stock price shows no sign of stopping, driven by its outsized role in the AI chipmaking market. Roughly 70% of all chips are sold by Nvidia, outpacing key competitor AMD by a landslide.

The company’s Q4 revenues topped $22 billion, setting another historical record, amounting to a 265% year-over-year increase in revenues. In 2023, Nvidia sold 2.5 million chips with customers including OpenAI, Microsoft, Meta Platforms, and Alphabet. The price range for these chips can span anywhere from $16,000 to $100,000.

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