@[email protected]M to [email protected] • 22 days agoNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.comexternal-linkmessage-square18fedilinkarrow-up1155arrow-down14
arrow-up1151arrow-down1external-linkNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.com@[email protected]M to [email protected] • 22 days agomessage-square18fedilink
minus-square@Pantrygheistlink30•22 days agoWe are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
minus-square@[email protected]linkfedilinkEnglish16•edit-222 days agoAnd that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
minus-squareFaceDeerlinkfedilink13•22 days agoIt’s not all imaginary, real money is being paid for AI services which in turn is being spent on GPUs.
We are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
And that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
It’s not all imaginary, real money is being paid for AI services which in turn is being spent on GPUs.