• yesman@lemmy.world
    link
    fedilink
    arrow-up
    64
    ·
    20 days ago

    Nvidia is worth more than the pharmaceutical industry. Tesla is worth more than all other car manufacturers combined.

      • stupidcasey@lemmy.world
        link
        fedilink
        arrow-up
        3
        ·
        20 days ago

        No, the economy doesn’t work as it’s intended, even assuming the cynical take, bubbles, inflation, recession, excessive debt, none of those are good for anyone not even the Rich, there are people who exploit it but it is not good for them either it’s more making the best out of a bad situation.

    • Phoenixz@lemmy.ca
      link
      fedilink
      arrow-up
      9
      ·
      20 days ago

      Yep, and Tesla makes only a fraction of the cars that even a single one of those other car companies make…

      That is called a bubble

      Nvidia is a bubble the size of a fucking gas giant. Once that pops, and it will, soon, expect the world economy to pop with it

    • cecilkorik@lemmy.ca
      link
      fedilink
      English
      arrow-up
      8
      ·
      20 days ago

      I remember like a decade ago when Nvidia made the most power efficient cards. It was a glorious time. Those generations were so good there was barely even any power differential between desktop and laptop, even phones and consoles were riding high, you could get cards that were affordable, quiet, powerful, pick any three. Maxwell-2 in particular and other similar generation cards around that early-to-mid 2010s era felt like really elegant and finely-tailored designs while AMD was desperately throwing more power at their problems and creating blast furnaces that doubled as graphics processors just so they could say on paper that they were competitive.

      Then it all changed. Bitcoin exploded, AMD’s cards were so aggressively mediocre at mining that they weren’t even in the competition, so Nvidia got handed the whole market on a silver platter. And then they realized if they could get the hash rate high enough they could charge whatever they wanted and power consumption just ceased to matter since the cards were literally printing money. And that was the end of that. They found it was so profitable to chase those industrial-scale customers that they’ve never really looked back and now they’re riding the AI bubble into the stratosphere. It’s going to be a long fucking fall, that’s all I can say. And most gamers will be pointing and laughing all the way. Fuck Nvidia. I don’t even care who has faster performance or better value anymore, I’m using Linux and supporting AMD on principle.

  • BigDaddySlim@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    ·
    20 days ago

    All that inflated value from circular trading with Open AI, Oracle, etc sure is looking good on paper for them, and will definitely allow Jensen another few dozen leather jackets.

    Can’t wait for this shit to burst, and it will be a very big burst when it happens

  • lennybird@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    20 days ago

    Is it unusual for a CEO to last as long as Huang has with nvidia? (1993 if I’m reading right).