Nvidia Becomes First $5 Trillion Company as AI Demand Surges

[pksv]

Worse. The AI bubble will pop slower, because it’s bigger. But it will be hell. An underrated component of the AI bubble is all of these companies laying off workers, DESPITE record profit. This is not sustainable. The underlying economy is absolutely crumbling, while AI keeps it floating. Foundation is evaporating. AI spending has passed consumer spending FFS, and that’s usually about 2/3 of the economy.

Michael Burry has entered the chat.

 

[citysnaps]

What you said. Is Cook a visionary ala Jobs? No. Is he a far better businessman? Yes.

And speaks to Apple, under Cook (starting in 2011, the vertical blue line below), giving happy repeat customers what they want. Year after year after year. Jobs... not so much.

 

[max2]

They bet big and won so far.

 

[SpotOnT]

I can’t believe investors are still pouring money into this. What a bunch of jokers.

 

[pksv]

I can’t believe investors are still pouring money into this. What a bunch of jokers.

So far you're the joker here.

 

[chmania]

It's not interesting until you tell us your point? What is it, that Taiwan and Indo-Pacific companies lead the world in manufacturing the high tech products the rest of the world relies on? Or that Jensen Huang and his naturalized colleagues are any less American than you? Get to it and tell us. Because I think America's anti-immigrant policies are creating a brain drain in that very sector! A new $100,000 per head price on new H-1B visa petitions (up from $4,000) pretty much assures that we will see fewer tech geniuses and even doctors (America relies on them, since we don't graduate enough internally) will be arriving on our shores, adding to America's wealth and culture! Anyone who has read Adam Smith's "The Wealth of Nations" understands this.

I am not American, so...?

 

[SpotOnT]

The head of NVIDIA holds dual Taiwanese and American citizenship. Isn't that interesting?
The Chairman of TSMC is also Taiwanese.
The head of Intel is a Malaysian Chinese, a naturalised U.S. citizen.
The head of AMD was born in Taiwan, and also a naturalised U.S. citizen.
The co-founders of Yahoo and YouTube were also from Taiwan.

Interesting?

Do you find that interesting? What do you find interesting about that?

 

[chmania]

Do you find that interesting? What do you find interesting about that?

Isn't that interesting, that you can't fathom it...?

 

[Cameront9]

I read someone say that AI companies were like a group of podcasters that just keep passing the same $5 between their patreons.

Anyway, bubble pop, bubble pop, bubble bubble pop pop.

 

[Glideslope]

I can’t believe investors are still pouring money into this. What a bunch of jokers.

Yup. Just look at all the Shadow Banking going on ....... When this pops I want to be as far away from the Earth as possible.

 

[Marshall73]

Gamers Nexus does a good piece on this:

 

[klasma]

Isn't that interesting, that you can't fathom it...?

It appears that you are unable to articulate what you find interesting about it.

 

[klasma]

Does anyone actually know how much Huawei is worth, by the way? Well, not what Wikipedia says...

Their revenue is about 30% of Apple’s.

 

[chmania]

Their revenue is about 30% of Apple’s.

So, you have access to secret information from China?
Huawei is a privately owned company.

 

[klasma]

So, you have access to secret information from China?
Huawei is a privately owned company.

That doesn’t prevent them from reporting their revenue.

 

[SpotOnT]

Isn't that interesting, that you can't fathom it...?

Not really….

If you have anything interesting to say, feel free to make your point. So far you have said nothing…which really isn’t very interesting…

 

[chmania]

Not really….

If you have anything interesting to say, feel free to make your point. So far you have said nothing…which really isn’t very interesting…

I made that point. Its up to you to fathom that!

 

[SpotOnT]

I made that point. Its up to you to fathom that!

That point?

🤣🤣🤣

I don’t think anyone here understands what “that point” is my friend.

 

[seek3r]

Does anyone actually know how much Huawei is worth, by the way? Well, not what Wikipedia says...

What’s wrong with what wikipedia says?

 

[aespana]

I don’t know that much about all this market/stocks things but always my question with this AI companies is: how are they going to monetize the service?

Will a normal person, a common user, pay $100/$200 each month for use chatGPT? I’m not sure that will happen

 

[Siliconguy]

There were people saying this a year or two ago, when the stock was worth half of what it’s worth now.

Time and time again people’s ability to predict what will happen next in the stock market is proven to be incorrect.

As the ancient saying goes; the market can remain irrational longer than you can remain solvent.

 

[klasma]

I don’t know that much about all this market/stocks things but always my question with this AI companies is: how are they going to monetize the service?

Will a normal person, a common user, pay $100/$200 each month for use chatGPT? I’m not sure that will happen

I think the plan is to eventually make most of the money with B2B, effectively have companies pay for having their employees replaced by AI, which would be a bargain even at $2000 a month. The B2C business is more for PR purposes.

 

[Bustycat]

The land choice of Nvidia's Taiwan HQ has been the biggest industrial topic here for months.