@Timely_Jellyfish_2077@programming.dev to Technology@lemmy.worldEnglish • 23 days agoNvidia overtakes Apple as the second most valuable company.www.cnbc.comexternal-linkmessage-square87fedilinkarrow-up1420arrow-down115
arrow-up1405arrow-down1external-linkNvidia overtakes Apple as the second most valuable company.www.cnbc.com@Timely_Jellyfish_2077@programming.dev to Technology@lemmy.worldEnglish • 23 days agomessage-square87fedilink
minus-square@NighedlinkEnglish4•22 days agoNvidia IS making a profit on it though. It’s the whole “in a good rush, sell shovels” thing.
minus-squareNeshuralinkfedilinkEnglish5•22 days 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@Telodzrum@lemmy.worldlinkfedilinkEnglish1•22 days 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.