More so I meant to think of oil, copper and now silver. All follow demand for the price. All have had varying prices at different times. Compute should not really be that different.
But yes. Cisco's value dropped when there was not same amount to spend on networking gear. Nvidia's value will drop as there is not same amount of spend on their gear.
Other impacted players in actual economic downturn could be Amazon with AWS, MS with Azure. And even more so those now betting on AI computing. At least general purpose computing can run web servers.
More so I meant to think of oil, copper and now silver. All follow demand for the price. All have had varying prices at different times. Compute should not really be that different.
But yes. Cisco's value dropped when there was not same amount to spend on networking gear. Nvidia's value will drop as there is not same amount of spend on their gear.
Other impacted players in actual economic downturn could be Amazon with AWS, MS with Azure. And even more so those now betting on AI computing. At least general purpose computing can run web servers.