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[Buggy Loop]

Nvidia briefly joins $1 trillion valuation club

The highest price target valued it at about $1.6 trillion, on par with Google-parent Alphabet.

www.reuters.com

And it’s not because of gaming sales. This craziness is all about AI.

Wether that will stabilize or not, who knows, but it’s the first chipmaker to ever hit that value.

You were wondering why Nvidia is being cheap on VRAM? It’s not because of BOM costs, it’s that it has better value being used to sell AI servers.

Linus’ video of their computex is pretty telling, the gaming booth is a joke.




I think the push to cloud based gaming will be even stronger in future, probably by raising GPU prices even higher. You’re wasting them potential revenue, because while you’re at work not gaming, that power could be used to sell computing services.

It’s pretty dire.

Intel and AMD also have strong focus on AI in their presentations to the point where amazing/google/Microsoft/Nvidia/Intel/AMD it’s a running joke to guess how many times they’ll drop AI mention to hype up investors.

 

[Senua]

Jensen:

 

[SeraphJan]

No wonder they don't give a shit about gamer anymore

 

[Imtjnotu]

And they cut his bonus.

 

[kvltus lvlzvs]

lol, beat me to posting it because I got distracted by bloodborne threads.

Crazy times we live in!

 

[Diddy X]

That makes them one of the top companies in the world then?

 

[Tarin02543]

I see a future where your gpu runs a barebones wireframe mesh of the game world and the server sends DLSS data to make the image. Through the power of AI there is no input lag.

 

[Mr Hyde]

 

[cireza]

You’re wasting them potential revenue, because while you’re at work not gaming, that power could be used to sell computing services.

But I am not using any resources when my console/pc is turned off.

 

[James Sawyer Ford]

Irrational exuberance at its finest

 

[SmokedMeat]

Bye gamers. You don’t matter anymore.

 

[HTK]

Don't worry this is all temporary, it will slowly start sliding down once the AI boom calms down. Same shit happened during the dot com era.

 

[DonkeyPunchJr]

They need some damn competition. I’ve sort of given up on AMD, but I think Intel has the opportunity to really eat their lunch in the ~$300 range if their second gen GPUs are decent

 

[hlm666]

Linus’ video of their computex is pretty telling, the gaming booth is a joke.

I said in another thread here this AI boom is going to see nvidia start to move away from consumer gpus, They will do geforce now and AI will be their primary focus. Maybe take them 10 years to completely drop consumers gpus but we will see bottom end lower margin cards disappear over the years.

 

[ChuckeRearmed]

Jensen can buy a lot of leather jackets now.

Don't worry this is all temporary, it will slowly start sliding down once the AI boom calms down. Same shit happened during the dot com era.

Yeah, I think eventually it will calm down. I wonder if Nvidia can reach 1.5T while that happening though.

 

[Wildebeest]

Time for gamers to jump ship to Intel Arc.

 

[SlimySnake]

lol what a load of nonsense.

 

[SmokedMeat]

Saw this earlier.

 

[ChorizoPicozo]

I heard that boycotting works.

 

[Buggy Loop]

But I am not using any resources when my console/pc is turned off.

But you’re not generating them money

Compute capable hardware not computing is a loss for them. They’ll ramp up prices. Just you watch. Gaming margin is a joke to them now. Silicon wafers and VRAM will be generating them more money for AI than you trying to run assassins creed clone #25

 

[Topher]

 

[smbu2000]

The more you buy, the more you save!
Right?

 

[LordOfChaos]

Nvidia is an amazing company with a bright future and a smart leader. AI will be increasingly big over time.

At the same time, I'm predicting it'll also be true that anyone paying over 200x PE for Nvidia right now is going to be bagholding when smart money moves on and everyone realizes too many billions were assigned to market cap years too early in the AI S curve. They gained over two AMD's of market cap, while they have a near monopoly on ML training on GPUs, that's ludicrous.

 

[Puscifer]

All I'm saying is I was fucking SHOOK at my stocks this morning. This is one time I'm happy that I bought a dip!

 

[Spyxos]

I think I'll skip Pc upgrade and switch to cloud and consoles completely.

 

[James Sawyer Ford]

Don't worry this is all temporary, it will slowly start sliding down once the AI boom calms down. Same shit happened during the dot com era.

This is more speculative and irrational than many stocks in 2000

Trading at 40x sales and 300x earnings

This is not going to end well for bag holders

 

[Griffon]

Am I about to become a Steam Deck only gamer?

 

[Celcius]

The great GPU shortage 1 = crypto becomes a thing (during pascal)
The great GPU shortage 2 = crypto becomes even bigger AND everyone is stuck at home due to the pandemic (during ampere)
The great GPU shortage 3 = everyone wants to get into A.I.? (soon?)

 

[Ozriel]

How does AMD compete with that?

 

[hinch7]

Nvidia cashing in on FOMO once again. Not surprised, big tech companies are heavily investing in Ai. Bad news for gamers though.

 

[Cyberpunkd]

Nvidia is an amazing company with a bright future and a smart leader. AI will be increasingly big over time.

At the same time, I'm predicting it'll also be true that anyone paying over 200x PE for Nvidia right now is going to be bagholding when smart money moves on and everyone realizes too many billions were assigned to market cap years too early in the AI S curve. They gained over two AMD's of market cap, while they have a near monopoly on ML training on GPUs, that's ludicrous.

You know what time it is? Time to buy puts.

 

[cireza]

But you’re not generating them money

But I don't give a shit about that, so that's all good for me.

 

[tkscz]

How does AMD compete with that?

They don't? AMD isn't in the business of pushing AI and the further nvidia leans away from gaming the more AMD profits.

 

[Represent.]

Thats the price of 2 video cards. Not surprising

 

[Puscifer]

I think I'll skip Pc upgrade and switch to cloud and consoles completely.

I mean I don't blame you, Nvidia Is pretty much telling anyone with a brain as long as enterprise keeps sucking up these cards for data center processing in bulk they aren't going anywhere.

The only reason I bought a 4080 was because I had a lot of retro stuff I was holding onto and it felt pointless holding onto stuff that felt like it was *owning* me.

The guy who bought it all is having a great time and I'm happy for him. But damn does it feel good to just have a PC and my PS5.

 

[DosGamer]

Trillion dollars... get the fuck outta here with that... really? The gap between the poor and the wealthy is growing too wide. This is the start/ continuation of the collapse of modern day society.

 

[thicc_girls_are_teh_best]

Extremely overvalued.

Also yay more greedy mega-conglomerate tech companies I guess?

 

[Setsuna Mudou]

Don't worry this is all temporary, it will slowly start sliding down once the AI boom calms down. Same shit happened during the dot com era.

Unlike fads (e.g. metaverse, shitcoins, nfts), AI is actually a huge revolution with tangible impacts on the vast majority of industries. Just look at practical applications. Also the .com era open the way to the internet of today and having the majority of white collar jobs done electronically. It completely changed the world economy we had in the 90's and before.

 

[nkarafo]

Too bad.

 

[DosGamer]

Speaking of AI, I swear I feel like some of the commercials I have been seeing online while streaming seem AI generated. They seem fine at first and then there is an oddity that you cant explain.
I wonder if there are already commercial companies already doing this?

 

[Ozriel]

They don't? AMD isn't in the business of pushing AI and the further nvidia leans away from gaming the more AMD profits.

Not about that.
The more money NVIDiA makes, the more they can devote to R&D and push their GPUs as the defacto PC GPUs.

How does AMD compete against a rival with what could well be multiple times their R&D budget, is what I’m driving at

 

[ahtlas7]

Nvidia able to capitalize on ai from game makers plus gamers graphics card purchase. I’m not sure how I feel about what they have become. Singular dominance never ends well.

 

[ChiefDada]

Don't worry this is all temporary, it will slowly start sliding down once the AI boom calms down. Same shit happened during the dot com era.

I personally don't believe the AI revolution is a drill but time will tell.

 

[GHG]

I think I'll skip Pc upgrade and switch to cloud and consoles completely.

That's exactly what they want, so congratulations, you just got played.

 

[JimmyRustler]

From Crypto to AI.

Jensen must feel like Donald Duck.

 

[Elios83]

So they replaced mining with AI.
Their business focus will shift to highly profitable AI powered data centers, their main clients will become huge companies and not normal consumers and in the PC gaming business they will continue to sell boards with crazy prices and the bare minimum of VRAM because they just won't care. There is no competition able to put enough pressure on them.

 

[cinnamonandgravy]

ugh i sold too early ($200s)

 

[Spyxos]

That's exactly what they want, so congratulations, you just got played.

Not specifically Geforce Now, there are enough alternatives.

 

[Unknown Soldier]

Your GPU prices aren't going down, gamers. If anything they should go up more.

As long as my NVDA stock keeps going up, I can afford the new video card though, so it's a win-win for me.

 

[lukilladog]

Your GPU prices aren't going down, gamers. If anything they should go up more.

As long as my NVDA stock keeps going up, I can afford the new video card though, so it's a win-win for me.

We are already seeing latest two releases below MSRP lol.