NVIDIA Beats Microsoft to Become World's Most Valuable Company, at $3.34 Trillion

[dragontamer5788]

I'd say Nvidia has capitalized on the bubble but I wouldn't say they are poised for the future of AI. The future of AI, like bitcoin, likely resides is specialized ASICs and not GPUs. ASICs will massively reduce power consumption and cost. Bigger companies like Meta and Google can afford to create their own hardware specifically optimized for their own AI models and smaller vendors don't want skyhigh datacenter / cloud costs. In order for AI to become widespread the transition away from pricey Nvidia GPUs is a requirement.

ASICs are always the solution to everything, always have been. The problem is in balancing economic benefits. An ASIC needs to be profitable if a company is to survive. Is there enough AI demand to sustain an AI-focused ASIC? Remember that a modern 3nm chip is likely a $X Billion+ investment, if not on the scale of $X0 Billions (if we include the massive software costs NVidia has incurred in making TensorFlow work with CUDA), that's a lot of zeros.

Its not like $Billion chips grow on trees. Every attempt to build a better ASIC accelerator leads to a 7nm chip (where its maybe only 100-million costs), but NVidia's 3nm $X0 Billion chip curbstomps in power-efficiency and performance anyway. How do you build a comparable chip when NVidia has a process node and money advantage?

NVidia has the benefit of relying upon the GPU market (for 64-bit scientific compute like weather modeling, physics simulations, FEA analysis, raytracing for movies, and of course video games... etc. etc.) if this AI thing ever fails. And as it turns out, a lot of AI chips have the same memory bandwidth problems that NVidia's GPUs face. So NVidia's GPUs are ideal for benefiting from AI hype, but without actually taking unnecessarily large risks like an AI-specific chip would do.

That's the thing: NVidia is the AI leader and manages to do so without taking unnecessary risks. That's an interesting position from a business perspective. I can see why people like this business. But I do think AI is bubble-hype and that this all will go down soon. So that's where my interests in NVidia lies, that the company clearly will survive an AI winter (albeit with lower valuations and lower profits).

In order for AI to become widespread the transition away from pricey Nvidia GPUs is a requirement.

This won't happen until after the last nodes are eek'd out. NVidia is too far ahead in raw money. When they can build 3nm when everyone else is on 7nm. And NVidia will be on 1.8nm when the rest of the world gets to 5nm. Etc. etc.

Eventually the nodes will end and ASICs will have a shot. But for now, NVidia's shear capital can sustain a lead (much like how Apple's chips sustain a process-node lead).

There's no point spending $Billion just to be beaten by NVidia anyway.

 

[JohH]

I think I prefer Nvidia to Microsoft.

 

[ARF]

Meh, take this to the grave ~

Power resides where men believe it resides.

I recommend that you begin posting something meaningful, not the usual troll nonsense.

 

[R0H1T]

If you think that line is trolling then you must be new to the real world ~ stocks, money markets, banks, treasuries, crypto, businesses heck the entire world works on trust & in its most basic form the assumption that the money you're dealing in is worth the paper it's written/printed on! That essentially is power ~ if enough trillion dollar companies didn't invest in "AI" there would be no takers for this & hence no bubble.

Maybe try understanding what was written instead of going on a tangential rant

 

[Blurpy]

Thank god i bought 2k worth on nvidia stock back in 2017, now i got my down payment for my house

 

[Event Horizon]

Nvidia leads the way forward while everyone else plays catchup and fights over scraps. We need more competition in the GPU space or we the consumers are screwed.

 

[FoulOnWhite]

It could be that Nvidia are actually better at what they produce, so people want to buy their stuff/services. It's the others that need to do better not nvidia that need to do worse. No friends in business is there.

No one forces us all to buy Nvidia cards, but some do and whine about their greed. Protest by not buying or suck it up.

Personally i don't care, and i don't follow all this Ngreedia stuff. Unless there is proof and not just forum trash talk there is no proof any of it is anything but that.

 

[dirtyferret]

So it happens what i was exspecting. Nvidia takes the crown on being the most greedy. Congrats Ngreedia.

For those might not have seen it. Ngreedia just released new logo and slogan to selebrate this event.

Keep it up and you will get 8GB of video ram on your next RTX 5XXX series card!

 

[Tomgang]

Well done helping them out. Maybe next time buy an AMD card then.

Meh. Just because i got ngreedia cards, dosent mean i cant put my mind on ngreedia price scheme.

I mainly stay from amd cards do to my doubt on driver stability.

The hate is real in this one.

You sleep well at night?

Or does AMD being 10 years behind keep you awake?

I sleep just fine. Only ngreedias price scheme holds up at night if anything.

Keep it up and you will get 8GB of video ram on your next RTX 5XXX series card!

Are you sure jensen would be that generous?

I think more in the range of 2 gb to maybe 4 gb at Best

 

[A&P211]

Well maybe now, Jacket Man will splurge on some NEW jackets, different style, color, cut etc...instead of more of the same ole same same ones that he already has like 10K of, heeheehee

As long as my dividend checks keep coming, in ever-increasing amounts, I'd be ok with this......

But seriously, this is typical for tech companies, catch the wave early, ride it hard, and enjoy the spoils.... but I hate to think what will happen when the machine take over everything & eliminates Jacket Man & 99.99% of their staff... bubble buster anyone ?

That dividend check of .03%. Its enough for a few spins at the casino machines.

 

[arnold_al_qadr]

The more you buy the more you save..

 

[dalekdukesboy]

Same, feels too close now to the bubble bursting, but I should have bough shares in Nv and AMD years ago. 20/20 hindsight naturally.

Ditto, AMD was like $2 bucks a share but Ryzen etc was out and I knew they were destined to skyrocket, and I cried when I saw I was right, but never put my hat in the ring.

 

[Minus Infinity]

This makes me sick on so many levels. The AI bubble will burst though. Give it another 3-5 years and the market will be super-saturated with hardware that fills the needs of the AI companies, and they cannot just keep updating as none of them are making much return at all for their massive outlays. Microsoft is losing billions chasing it's own AI venture.

This will be much worse than the crypto bubble.

 

[wolf]

Nvidia takes the crown on being the most greedy. Congrats Ngreedia.

 

[Vayra86]

View attachment 352059

Now there's a cartoon that just works!

Its like the whining rises along with the share price isn't it. Man.

I mean sure, Nvidia is screwing with us. So vote with wallet. Its really that simple. But here we are, upgrading every (other) gen to 'keep current' with the latest tech. Its like dog owners complaining about dog hair everywhere.

 

[wolf]

Now there's a cartoon that just works!

Its like the whining rises along with the share price isn't it. Man.

I mean sure, Nvidia is screwing with us. So vote with wallet. Its really that simple. But here we are, upgrading every (other) gen to 'keep current' with the latest tech. Its like dog owners complaining about dog hair everywhere.

It sure sucks, I get screwed by every company wanting to make a buck off me, and try to vote with my wallet for the products that suit me, when they suit me.

They can all stand to be made fun of tbh, As much as possible. Like they care though, they'd wipe the tears with hundred dollar bills.

 

[kondamin]

Apparently, it's all luck according to Patty Cakes.

Intel CEO says Nvidia’s AI dominance is pure luck — Nvidia VP fires back, says Intel lacked vision and execution | Tom's Hardware (tomshardware.com)

I guess Jensen put all his SPECIAL perk points into Luck.

Nvidia's valuation is thanks to the sheer incompetence of Jerome Powell forcing 20% of the worlds liquid money in to 8 stocks or something

That nvidia is at to top of the industry is because they made some technical and strategic moves that had them doing General purpose computing on their gpu's before the rest of the industry and probably the largest reason they are where they are is because intel had stupid management that avoided every opportunity to deliver what the market wanted and needed over the past 25 years

 

[Dimitriman]

The near future of Ai is scamming people on the phone, penetrating ads even more into every aspect of life, and polarizarion of opinions taken to the extreme through social media.

 

[Prima.Vera]

Nvidia leads the way forward while everyone else plays catchup and fights over scraps. We need more competition in the GPU space or we the consumers are screwed.

Is hard to beat the monopoly. It all started with the CUDA cores, which are proprietary tech. Currently there is absolutely ZERO competition on GPU+AI space from any other major corporations. ZERO. AMD has nothing, Intel has some jokes, while Google, Amazon or Meta are working on something, but will be years before they can compete with NVidia.

 

[Hxx]

Same, feels too close now to the bubble bursting, but I should have bough shares in Nv and AMD years ago. 20/20 hindsight naturally.

Probably still worth buying now . They just had a stock split

 

[AnotherReader]

Is hard to beat the monopoly. It all started with the CUDA cores, which are proprietary tech. Currently there is absolutely ZERO competition on GPU+AI space from any other major corporations. ZERO. AMD has nothing, Intel has some jokes, while Google, Amazon or Meta are working on something, but will be years before they can compete with NVidia.

Google had custom silicon for AI before Nvidia, but it was used for internal AI research. Even now, it isn't available outside Google Cloud which will obviously limit its adoption. One key factor in Nvidia's AI supremacy is the wide availability of their hardware.

 

[Vayra86]

The near future of Ai is scamming people on the phone, penetrating ads even more into every aspect of life, and polarizarion of opinions taken to the extreme through social media.

But we already had all of that without AI
Another aspect where it really just doesn't change much...

 

[swaaye]

The Way the Market was Meant to be Played.

 

[FoulOnWhite]

Most on TPU have contributed to this.

 

[R-T-B]

The near future of Ai is scamming people on the phone, penetrating ads even more into every aspect of life, and polarizarion of opinions taken to the extreme through social media.

I wish this was wrong, but it's only wrong in that it's not the future, its already actively happening.

But we already had all of that without AI
Another aspect where it really just doesn't change much...

No, we didn't. Or not to the degree of your voice cloned grandmother calling you asking for money. What a generational improvement over the thick accented foreign call center... "Grandma" even accepts bitcoin now!