logoalt Hacker News

rtp4me • today at 2:00 AM • 2 replies • view on HN

Anyone remember when a college student invested $700,000 of his grandmother's inheritance into Intel back in August 2024? He was a huge meme at the time; I bet he was singing a different tune a few weeks back!


Replies

ssl-3 • today at 5:30 AM

I don't remember that at all so I have no idea what kinds of memes this spurred, but I can look at the price history:

It was ~$22 back in August of '24. It is ~$66 today in November of '26. That's ~3x in a little over two years; that's fairly excellent.

If he had a magic looking glass and sold at the recent-ish July peak of ~$120, then that'd have been even better. But it's still a very good (potential) return if he still holds it today.

mrheosuper • today at 2:11 AM

Assume people did not peer pressure him into cutting loss.