• UnderpantsWeevil@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    1 day ago

    If anything this is a good buying opportunity

    I mean, maybe? Depends on whether NVIDIA can maintain a competitive edge through 2030.

    A lot of their income stream is predicated on these symbiotic relationships with GPU consumers, most of whom haven’t been making money. They are effectively a central bank for AI expansion.

    If the general market pulls back it’s support, it’s very easy to see NVIDIA hobbled by these enormous unpayable lines of credit, in the same way AIG was fatally wounded by the mortgage crash.

    • 1984@lemmy.today
      link
      fedilink
      English
      arrow-up
      1
      ·
      edit-2
      1 day ago

      I think robotics and maybe even implants and stuff like that will arrive. Nvidia may currently make graphics cards but they will grow into many areas of tech.

      Its a bit like Tesla but actually knowing their stuff.

      • UnderpantsWeevil@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        1 day ago

        I think robotics and maybe even implants and stuff like that will arrive

        We’re definitely seeing progress. But it’s more progress in scale than technique. The little delivery vehicles you’re seeing running around town are the result of 5G+ Internet giving abysmally paid remote operators in The Philippines and Indonesia real time access to navigation in NYC and LA. And we’ve built factories that churn then out faster than any pizza business can recruit new human drivers.

        You don’t need a $25k/unit NVIDIA GPU to operate one of those.

        Its a bit like Tesla but actually knowing their stuff.

        Tesla got big off the back of rapidly falling battery prices and the sudden spikes in gasoline.

        The autopilot shit isn’t driving their business. Dirt cheap lithium batteries are what make them money.