Intel (NASDAQ: INTC) is finally ready to enter the graphics card market, bringing a third major player to an industry dominated by NVIDIA (NASDAQ: NVDA). Roughly 80% of all graphics cards sold feature NVIDIA GPUs, with the remaining 20% powered by AMD. Intel's entry into the graphics card market comes as demand is plunging amid a tough economic environment and the bursting of the cryptocurrency bubble.
Holding stocks through market volatility is easier said than done, but a long-term mindset is one of the most valuable tools any investor has at their disposal. Tesla (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA) illustrate that point perfectly. Since September 2012, Tesla has seen its share price skyrocket more than 13,600%, meaning an initial investment of $5,000 back then would be worth $687,000 today.
When it comes to high-performance chips, Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are at the forefront of the semiconductor industry. The companies' products aren't just used for video game hardware, they've also expanded to be crucial components for data centers, artificial intelligence, machine vision, and other applications. Nvidia stock is down roughly 59% across this year's trading, while AMD is down approximately 55%.