@Timely_Jellyfish_2077 to [email protected]English • 4 months agoNvidia overtakes Apple as the second most valuable company.www.cnbc.comexternal-linkmessage-square94arrow-up1425arrow-down113
arrow-up1412arrow-down1external-linkNvidia overtakes Apple as the second most valuable company.www.cnbc.com@Timely_Jellyfish_2077 to [email protected]English • 4 months agomessage-square94
minus-square@[email protected]linkfedilinkEnglish4•4 months agoNvidia IS making a profit on it though. It’s the whole “in a good rush, sell shovels” thing.
minus-squareNeshuralinkfedilinkEnglish5•4 months agoMy Point is more that their revenue stream will temporarily take a giant hit during that, when everyone is busy going bankrupt the few AI companies that make a profit with it have better things to do than buy new Accelerators right that instant.
minus-square@[email protected]linkfedilinkEnglish1•4 months agonVidia is selling shovels and picks during the AI gold rush.
Nvidia IS making a profit on it though. It’s the whole “in a good rush, sell shovels” thing.
My Point is more that their revenue stream will temporarily take a giant hit during that, when everyone is busy going bankrupt the few AI companies that make a profit with it have better things to do than buy new Accelerators right that instant.
nVidia is selling shovels and picks during the AI gold rush.