Thanks to the Chip Shortage, Texas Instruments Is Worth $170 B
wsj.com
wsj.com
Signed: someone who holds TXN stock
AT&T could be worth $5 billion in a year, and a toaster maker could be worth $300 billion.
Rivian is worth 87B and just shipped 300 cars…total
Yeah certain segments are in a bubble
That's not how trading markets and stock prices work. The stock price is the price that the last trade occurred at (and that is usually -- but not always, especially not if the market is illiquid) between the highest buy price on currently in the market and the lowest sell price in the market.
It is explicitly not the price all stock buyers have been willing to pay --only the last one.
To phrase it differently: If they thought their position was worth less than what they could get if they sold at the last recorded price, then they would dumb their shares. Hence the fact that they keep holding suggest that they think the current price does not yet reflect the value of the company.
Unless there is?
Granted, the unchanging nature of a TI calc is part of the appeal.
previous discussion: https://news.ycombinator.com/item?id=28344087 https://news.ycombinator.com/item?id=27126926
https://hackaday.com/2021/04/01/mining-bitcoin-on-the-ninten...
https://thehistorianshut.com/2020/05/06/thales-of-miletus-an...
always comes down to maximizing profits, poor society..