NVIDIA: The Opportunistic Chip Company

The big tech companies have incredible amounts of buffer. They built up a lot of fat on the way up. And essentially when they cut costs, those cost that cost-cutting is almost costless from a revenue perspective. NVIDIA in many ways has powered the tech growth for this year by providing the infrastructure to make it happen. It's at two near-death experiences in the last 20 years, dropping 80% in market cap twice.