NVIDIA passes Apple as the world's second-most valuable company.
BennyBlanco
aka IMurRIVAL69
nvidia's trajectory is absolutely insane. if you told me 10 years ago they would be more valuable than Apple one day I would've called you crazy. I can't wait for the Netflix movie about Nvidia's rise starring Idris Elba as Jensen.
ChuckeRearmed
Member
Bigger question if they have enough moat not to become Cisco. They certainly have more options now but let's see.
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Cert.in.Death
Member
ozz ex machina
Member
When do I sell my nvidia stocks? Currently up 850% from when purchased (FUCK I WISH I PUT MORE IN)
Wildebeest
Member
Consumer GPU? Likely they could be more regulated than firearms soon enough. GPUs are for the big iron boys, who buy in batches of 10 thousand and have safety teams who stop the GPUs being used for anything naughty.
James Sawyer Ford
Member
Will probably be temporary. I expect nvda will see a pretty big crash once BigTech AI purchases slow down
Thick Thighs Save Lives
NeoGAF's Physical Games Advocate Extraordinaire
MSFT next. 
Cyberpunkd
Member
Gaiff
SBI’s Resident Gaslighter
Will it slow down anytime soon? Doesn't sound like AI is a fad and the advances made just in the past few months are incredible.
Trogdor1123
Member
This has to be the biggest bubble ever …
Represent.
Represent(ative) of bad opinions
They will surpass Microsoft in a couple months or so.
And AI will probably get them close to 4 trillion in about a year and a half
And AI will probably get them close to 4 trillion in about a year and a half
tommib
Banned
Why are there no competitors making dedicated AI chips instead of companies using language that decodes graphic processors for AI use? Nvidia must be so far ahead startups don't want to deal with the years of research?
James Sawyer Ford
Member
Who knows. I haven't really seen many AI advances doing too many practical things yet. Its pretty janky outside of areas that require less precision.
I wonder if these big tech companies get cold feet when they find out they can't monetize it as much as they thought
Little Chicken
Gold Member
This insane wealth acceleration coupled with AI development feels like a story for a dystopian film.
Wildebeest
Member
There are competitors, but most of the graduates and code base uses nvidia apis and languages. Google use their own AI accelerator hardware.
nosoynadie22
Member
The RTX 6090 will live up to its name.
James Sawyer Ford
Member
I think right now it's a race between a lot of big tech companies and there's FOMO that if they don't have the absolute bleeding edge they will be left behind.
There's fear of winner takes all in AI
But like anything, I think this is a temporary fad and reality hits where lesser competitors can start making a serious dent.
Gudji
Member
What a boss.nvidia's trajectory is absolutely insane. if you told me 10 years ago they would be more valuable than Apple one day I would've called you crazy. I can't wait for the Netflix movie about Nvidia's rise starring Idris Elba as Jensen.
Gaiff
SBI’s Resident Gaslighter
There's been a lot of cost cutting in some fields. In my company, we've replaced a lot of junior programmers with AI tools as well as some artistic jobs.
The objective for most isn't to monetize but to cut cost/increase productivity. So far, it seems to be working quite well and it's only accelerating.
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James Sawyer Ford
Member
It really depends on the industry. Coding/art/chatbot seem to be the most impacted but everything else, not so much
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Zathalus
Member
Well gaming still makes them $10 billion a year and it is still a growing market. Hopefully they realize all eggs in one basket is not the smartest path forward.
Gaiff
SBI’s Resident Gaslighter
Yep. Just had 10 layoffs today. 5 programmers, 5 artists.
pasterpl
Member
MSFT next.
Funny enough MS is their biggest customer atm.
LordOfChaos
Member
I remember when tiny Nvidia's Jen-Hsun said he was going to open a can of whoop-ass on Intel. Now that's...Holy shit, 23x behind them? With Nvidia now passing Apple and only having Microsoft to go. Crazy.
www.engadget.com
CE-Oh no he didn't! Part LV: NVIDIA boss says "We're going to open a can of whoop-ass" on Intel
Looks like Intel's plans to enter the graphics space in a big way with its Nehalem and Larrabee lines strike NVIDIA CEO Jen Hsun-Huang as being rather foolish -- in a conference call with analysts today, Huang said Intel's integrated graphics offerings were "a joke," and that even a tenfold...
www.engadget.com
The Cockatrice
Banned
You're not wrong. Nvidia has no competition anymore, which means they can do whatever the fuck they want. Cyberpunk future is becoming a reality and megacorporations will pretty much control us. I expect nvidia gpus will have AI that scans everything we do at some point.
cyberheater
PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 Xbone PS4 PS4
Just shows you how thirsty the world is for hardware for A.I
Portugeezer
Member
Nvidia and Apple are known for their affordable prices.
Spyxos
Member
They can't afford it, the Ai boom will soon be over. Then they will also have to sell the gpus.
iHaunter
Member
AI is a bubble that will pop. Their main product is manufacturing GPUs, which they are not selling a lot of. Their stock is heavily overinflated like Tesla was years ago.
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FunkMiller
Banned
Mmmmm. Lovely military contracts.
Dude, you are talking about consumer GPUs, which have always been a drop in the bucket for Nvidia. Their data center/enterprise hardware is selling like CRAZY right now.
I'd actually argue Nvidia's stock is not overinflated when you consider that they have miniscule competition in the fields they are currently growing in. Datacenter, machine learning, medical research and engineering, automobile hardware, server hardware.
The AI stuff is what's making them grow exponentially, yes, but to act like they're going to be another Tesla or even Cisco is insanely stupid, they are actually becoming extremely integral to a lot of technology firms with very little competition.
BlackTron
Gold Member
This is all getting a bit heavy just to play a video game.
The artful mincer
Member
Is the for legit reasons or clown reasons
MikeM
Member
Bruh- the overwhelming majority of their revenue does not come from the gaming GPU segment. Of the $26 billion of earnings last quarter, $22.6 billion came from data centre. $2.6 billion came from their gaming segment. Their margins are wild at almost 80%.
If they keep slamming earnings like this, I don't anything popping as its clear from Jensen that they can't supply demand. I'm holding until at least next quarter.
Spukc
always chasing the next thrill
Gaiff
SBI’s Resident Gaslighter
He said GPUs, not gaming GPUs.
MikeM
Member
He said they aren't selling a lot of GPUs, which on the data centre side is not true as they are selling everything and can't satisfy demand.
On the gaming side, that can be true. That's where I was going with my comment.
