Nvidia becomes the first $5 trillion public company in history
Posted by xenocea@reddit | hardware | View on Reddit | 163 comments
Posted by xenocea@reddit | hardware | View on Reddit | 163 comments
OwlProper1145@reddit
Crazy. Nvidia was only worth around 10 billion 10 years ago.
thelastsupper316@reddit
I wish I won the early 2015 Powerball (or was it megaball or mega millions I forgot) and spent a billion on NVidia stock lol, I would have killed it! Literally would have become a black slightly less evil Elon or Lary.
imad7x@reddit
Even just 10% of a billion dollars is enough money for anyone to be happy for their entire life. Why would you dream of becoming Elon or Lary?
kuddlesworth9419@reddit
I could comfortably live the rest of my life without needing to work with £1 million.
Strazdas1@reddit
Taking the safe trinity study return would mean you get 30k a year of spending money with never running out.
kuddlesworth9419@reddit
That would be very easy to live on in the UK.
Strazdas1@reddit
Cant speak for UK, but im currently living on far less in eastern europe.
kuddlesworth9419@reddit
Yea that's the problem you might earn more in some places but cost of living is a lot higher so really in the end you are no better off and sometimes worse off. I might earn a dead end wage but it's still cheap enough around me to live comfortably. I could earn more in a city but then I would have to live in a city and that comes with added costs and the problem with living in a shit hole.
Strazdas1@reddit
I disagree. Cost of living is one thing, but unless you are in some crazy place like center london the remaining income can still do far more for you than elsewhere. Theres plenty of things that cost the same regardless, such as computer hardware. So a 10% of income in a rich place will buy you a lot more than a 10% of income in a poor place.
kuddlesworth9419@reddit
A lot of income in the UK is just spent on rent and mortgage about 40-50% I think. But other than that it's other bills mostly but yea other stuff like online stuff like computer hardware is going to be a fixed price for the whole country for sure.
thelastsupper316@reddit
Because I have bigger plans than myself lol. I want to change the world. And I want there to be a black guy with that amount of money
RB5Network@reddit
Okay I am fully convinced you would be just as bad as Larry and Elon with that answer.
thelastsupper316@reddit
Yep, probably, nah I'd not be racist so I'd be a bit better lol. I wasn't taking the question seriously lol I was just goofing off it's reddit.
Strazdas1@reddit
Yet just your previous comment was singling out a skin colour:
Creative_Purpose6138@reddit
Somehow everybody wants to change the world until they get rich or the nice guys never get rich. Also wtf is the last sentence.
sonozaki_honke@reddit
This is the main thing, and even in the hypothetical where someone happens to win a billy from the lottery or something they won't then have the experience of being a cutthroat bastard to help them actually do the things they want with that money (except invest it in the meantime, putting them on the path to becoming just like the rest of them)
danielv123@reddit
I mean, did they say anything about changing anything for the better? Plenty of billionaires have changed the world.
onecoolcrudedude@reddit
there was lol, his name was mansa musa.
JJ3qnkpK@reddit
Having an insane amount of money gives one power to create global positive change.
Save lives like Bill Gates, buy up large swaths of land and create nature reserves, fund conservation efforts and green energy projects, etc. At the least, that's what I'd dream of doing with such wealth.
Strazdas1@reddit
my pet project is public transport. If i had insane money id make clean, high quality public transport everywhere. This has many benefits, from social-economic mobility to reducing cars (danger in a lot more ways than pollution), etc.
JJ3qnkpK@reddit
Walkable cities you say? I'm in!
Strazdas1@reddit
give me a million and ill be happy to retire and live off ROI for the rest of my life. Dont need billions.
goodnames679@reddit
I couldn't give a damn about using that much wealth (honestly I'd probably be happiest by taking it and fucking off to some isolated place where I could live with about 20 dogs)
The only legitimate reason I would want ~$330 billion as they suggest would be so I could use that influence to counter the shit Elon and Larry are currently doing.
Plus-Candidate-2940@reddit
More money is better
f3n2x@reddit
Want to hear something funny? I bough Nvidia shares in sept. 2022 because the low price (which was basically caused by people no longer using Zoom after the pandemic) made absolutely no fucking sense to me given their business and fundamentals but sold it about a year later at ~2.6x which already seemed excessive. It would be like ~14x now.
thelastsupper316@reddit
I mean yes selling Nvidia in 2023 was a really bad idea because even I could kind of tell that the AI Rush would last like 5 to 8 years, and Nvidia would still probably be worth it insane amount of money after that more than it was worth in 2023 so I just wait four to five years before I sold it if I was you but you know hindsight I guess, I was like 16 for context.
f3n2x@reddit
Everyone thinks they can time the bubble, but most people won't. No idea where you get 5-8 years from but virtually no one is making money with AI and didn't back then either. This could've gone very differently at pretty much any point. I don't think most people understand just how insane the market is right now historically.
Strazdas1@reddit
Nvidia, AMD and plenty of other manufacturers are making money with AI.
also fun fact: if you invested into dotcom bubble at its peak and waited 20 years, you would have been quite profitable anyway. the bubble bursting was just short term setback.
f3n2x@reddit
The companies which buy the hardware (and thus fuel the bubble) by and large don't make money and that's the problem. When the bubble bursts Nvidia will probably lose >80% of their revenue over one quarter.
If you bought at the peak of dot-com you had to wait about 17 years for it just to catch up with inflation, never mind the opportunity cost, and only if you weren't forced to sell at any point. That's not a "short term setback", that's a absolutely massive.
PriscFalzirolli@reddit
In terms of P-E, it's not that insane, really. Still a long way to go to match the dot-com bubble.
Qesa@reddit
Nvidia's PE perhaps. Their customers are all actively losing money on AI though
Vitosi4ek@reddit
AI datacenters that are being built now aren't AI-exclusive, though. They're just massive parallelized computing farms that can be repurposed to something else just by changing the software. They'll actually keep their value relatively well if AI crashes.
Qesa@reddit
I actually wrote on this point above then deleted it since I thought it was getting too much... guess that was a mistake.
You can change the software, but the AI config is suboptimal for HPC. Too much compute, not enough networking. More problematic, there just isn't the HPC demand for this much compute. Who has the budget to upkeep these?
The dark fiber laid during the dotcom boom is still being used today. B200s will be at the end of their useful life in 5 years.
f3n2x@reddit
It is when you consider most of their revenue comes from companies which don't currently make money off their products. It's like dot-com with an intermediary except MUCH bigger than dot-com ever was.
Visible-Advice-5109@reddit
I did the same. Don't feel bad about it. Trying to chase bubbles is more likely to leave you broke than rich. Just ask WSB.
f3n2x@reddit
I don't feel bad at all. It's easy to act smart looking at historic charts after the fact thinking about fantasy gains you could've made with a time machine without ever having had serious skin in the game.
Vitosi4ek@reddit
It's like reminiscing on not buying Bitcoin in 2011. Realistically, every single early Bitcoin holder has sold by the time it blew up. You had to be a literal psychic to see this coming and have the patience of a saint to hold off on selling when the price was still in the low 4 digits.
Strazdas1@reddit
i know a guy who bought bitcoin and forgot about it. discovered his wallet a decade later and sold. Ended up with something over 20 million and retired. Though considering how hes living now i think hell run out of money soon enough.
Blueberryburntpie@reddit
I knew a US navy sailor who went on deployment and put money on Game Stop stocks just before it skyrocketed.
He could check the news with the ship's internet, but couldn't access his stock account from it. And there was no cell phone reception in the middle of the ocean.
He watched himself go from being a millionaire to a not-millionaire while out at sea.
Strazdas1@reddit
I have small investments in pretty much all hardware companies. Nvidia has certainly been performing the best out of everyone. Not retirement level investments though, but maybe one day.
Quealdlor@reddit
I can understand why you sold it, because their products aren't really getting that much better at constant price. Just look at 3060 --> 5060. I don't laugh at you. The bubble is completely crazy and not understandable.
DXPower@reddit
In fairness, you wouldn't be able to sell that much NVIDIA stock at once. Doing so would cause the price to crash.
But having that much stock would certainly give you an immense amount of power as a shareholder and you would be able to give yourself money in other ways.
Visible-Advice-5109@reddit
Eh, the real crazy part is actually the $5,000,000,000,000 valuation today. This bubble is getting completely absurd.
el1enkay@reddit
Yes it's absolutel fantasy. For reference the GDP of the UK is $4t USD. And yes I know market cap and GDP are not directly comparable but they can be used for scale.
Nvidia's price to sales ratio is over 30 and P/E at over 50.
The market is pricing in an order of magnitude increase in their market within 10 years. Yes it's pricing in an acceleration in sales. Even with the market totally saturated with AI products.
Strazdas1@reddit
comparing GDP with market valuation is complete nonsense.
el1enkay@reddit
Do you know what used for scale even means?
I can use the size of a brick to help someone understand the scale of an unusually sized strawberry, whilst accepting they're two different things.
Strazdas1@reddit
Yes, it is incorrect to use it for scale. These two metrics are completely incomparable and scale very differently.
Yodas_Ear@reddit
😂 this thread is great.
DerpSenpai@reddit
P/E at 50 is not incredibly high, it means at worst, Nvidia is worth 1T$ and their sales are balooning still so a P/E of 50 sounds about right.
FinalBase7@reddit
Is it really a bubble when they're selling actual physical products? Like Nvidia already sold nearly every GPU they're gonna produce in the next year.
It's not like they're selling a promise that may not materialize, it's AI companies that are doing that, Nvidia is selling the hardware to achieve the AI promise but the GPUs are already there, their effectiveness is proven and their selling and earning real hard cash and turning a profit unlike most of the overvalued software tech startups that collapsed and failed to turn a profit.
SourcerorSoupreme@reddit
til the tulip mania wasn't a bubble
Strazdas1@reddit
tupil mania P/E was insanely incomparable.
ontheworld@reddit
Splitting hairs a bit, but the tulip mania was largely in futures
SourcerorSoupreme@reddit
And the AI bubble is largely in securities. It's a distinction without a difference.
TR1PLESIX@reddit
Not disputing your point, but a tulip and a GPU are two entirely different commodities, especially in regards to capital that has a ROI.
SourcerorSoupreme@reddit
Demonstrating why "selling actual physical products" isn't a good barometer for what constitutes a bubble
Visible-Advice-5109@reddit
Yea, it's still a bubble because AI itself is a bubble. They're making tons of profit today, but won't last long.
teutorix_aleria@reddit
To be clear mainly Nvidia is, AI companies are not. Data centre and cloud providers are also making bank.
Visible-Advice-5109@reddit
Yes, it's the class example of, "during a good rush the people getting rich are the ones selling shovels".
anival024@reddit
Yes, because the valuation is based on the expectation of continued, unchecked growth for a decade or more.
If that doesn't make sense to you, then perhaps the alternate explanation will.
The valuation is based on the expectation that they can drive the price up even higher before they cash out and leave some poor suckers holding the bag.
FinalBase7@reddit
Do you actually think the bubble will burst tho? Especially now that nation states are also rushing to develop AI for themselves and their militaries? And with AI already being used on the battlefield? Even if it turns out to be a failure the mere fact a state is developing military AI will force others to keep up.
Sure consumer AI chat chatbots and image generators might burst but not the AI bubble as a whole.
Zarmazarma@reddit
The less sensational explanation is that the value is based on AI companies being able to justify their expenditure on Nvidia's GPUs. If we expect AI is in a huge bubble, then we'd except that sales of Nvidia GPUs will also drop significantly when that bubble bursts (AI being like 90% of Nvidia's revenue right now).
reticulate@reddit
I mean the guys selling tulips were doing great business
Didn't make it any less of a bubble
explosiv_skull@reddit
They went from $1t to $5t in less than 2.5 years. It's insane.
upvotesthenrages@reddit
To be completely fair, their revenue grew from $10 billion in 2020, and is expected to come in at about $170-190 billion in 2025.
So a 17-19x revenue growth, but a 5x valuation growth.
danaxa@reddit
But it doesn’t sit right with their preconception that it is a bubble so they choose to ignore it
upvotesthenrages@reddit
I mean, it's still a bubble.
$180 billion/year means the valuation is more than 27x their revenue. That's just absurd.
danaxa@reddit
Is it absurd? It’s a company whose revenue is expected to grow 50% next year, P/S in the 20s is nowhere near absurd
upvotesthenrages@reddit
It is absolutely absurd. I think we've just been conditioned into thinking that it's normal.
No sane person would ever go out and buy a smaller company for those ratio's, unless you hoped to 20x your revenue.
The entire US tech sector reeks of bubble mania at the moment.
danaxa@reddit
Using your premise, assuming you 20x your revenue then stops growing, you would get a P/S of about 1-1.5, that is an insanely low even for a company that does not grow, he’ll, it’s even low for a company that’s in decline.
Now I’m not saying Nvidia and the likes of which are not priced at a premium, but you should stop making outlandish claims without backing them up with numbers
FinalBase7@reddit
You gotta count all of Nvidia's assets into that evaluation, their engineers, their software, their patents, their brand dominance, the fact the entire world wants to buy their GPUs for AI, everything from private businesses to entire governments and militaries, Nvidia is currently in corporate heaven, they already secured deals worth hundreds of billions over decades to come even if AI suddenly dies (which it won't) they'll still be raking in cash.
Evoluxman@reddit
AI doesn't have to die for their stock to crash. The .com and telecom bubbles were absolutely insane, the NASDAQ plummeted 80%. But it's not like internet died.
account312@reddit
Yeah, NVidia's P/E is high, but not crazy high. Tesla's, for example, is still many times higher.
silent-schmick@reddit
Agreed. I don't understand why people quote the price to revenue. The P/E is the correct number to quote for a company this mature. It's not a startup. And the P/E for NVidia is absolutely batshit crazy.
There's not enough sources of energy on the planet to power up the chips they need to sell to justify that valuation.
DerpSenpai@reddit
Nvidia's evaluation is sustained in their earnings, margins and growth. At best they will drop 50% when the AI boom fades but they are still one of the most important companies today
stingraycharles@reddit
I mean, that’s kind of the point the parent was trying to make right? That it grew 30000% in just 10 years.
roogug@reddit
So, a $1000 investment in 2015 would be worth 1/3 of a million... Damn and I thought I was clever for telling people to invest in AMD in late 2015 after they assured Zen was going to be their comeback.
dorting@reddit
When I was in high school, we did a simulation where you invested in the stock market. I used most of my (imaginary) money in Nvidia.....
I learned about Bitcoin around 2010, but since I knew the dark side of things, I didn't invest a penny. At the time, a Bitcoin was worth about $10, and you could also mine it at home. Now I'd be a millionaire if I'd actually made these investments. I was in the right place at the right time, but I didn't have the money to risk. sad.
RawbGun@reddit
AMD also 100x since January 2015, so a $1000 investment would be 1/10 of a million, not bad either
Visible-Advice-5109@reddit
Don't even want to know what the $20,000 of NVDA is had in 2009 would be worth now.
StupidSexyAlpaca@reddit
Rougly 20 million dollars. On the other hand putting thay much into bitcoin back then would have made you a billionaire now.
Visible-Advice-5109@reddit
Lol ya I know a guy back then telling me to buy bitcoin too, lol.
I still think bitcoin is the dumbest thing I've ever heard of. Nvidia is a legit disruptive company, just in a bit of a bubble now. Bitcoin is just a straight up scam.
MC_chrome@reddit
I remember tulips being bought en mass & supporting a country’s economy, only for the bubble to pop and people to lose mass sums of money.
NVIDIA’s house of cards (pun intended) is a lot more precarious than they would like to admit.
Strazdas1@reddit
the people growing tulips didnt loose the money though.
MC_chrome@reddit
How didn’t they lose money when people stop buying?
Strazdas1@reddit
If people stopped buying they stopped gaining new money, they didnt loose money they already made.
Vitosi4ek@reddit
Difference is, tulip seeds are nigh worthless on their own. Their entire value during the bubble was people buying them in the hopes of re-selling later for a profit.
As long as we have electricity, people will always figure out what to do with a powerful computing device. If it's not AI or crypto mining, it'll be something else. I think the only semi-realistic thing that could take Nvidia down is if the PRC invades Taiwan for real and TSMC has to blow up their fabs. And in that case the world at large will have far worse issues than stock price of one company.
explosiv_skull@reddit
Depends on when you invested. Someone that bought stock 10 years ago would still be up considerably. Someone that bought around $4t cap is going to lose big if nVidia drops 50% and 50% isn't unreasonable. Microsoft dropped 55% in the dot com crash and limped along losing another 10% over the next ~6 years. From the crash it took them almost 17 years to get back to their previous high.
Obviously nVidia and MS aren't an apples to apples situation but for all we know nVidia could fair even worse. It's also not just the market that people worry about, it's jobs. Even in a situation like AI were AI succeeding has been harming the job market, the AI bubble bursting is going to have ripples of people being laid off, spending less money, leading to layoffs in completely unrelated fields, etc.
jmlinden7@reddit
You're assuming that their profits only go down by half.
And yeah nobody thinks Nvidia is going to go bankrupt, but they're likely to pull a Cisco and never reach their peak market cap again
jv9mmm@reddit
That's why there are now multiple TSMC fabs in Arizona making chips.
Vitosi4ek@reddit
They still keep their most advanced tech to Taiwan's borders, though, precisely as a deterrent against an invasion. Problem is, while there's absolutely no rational reason for the PRC to militarily invade Taiwan, dictators tend to act irrationally at times (see: Putin getting more and more committed to a victory in Ukraine, even though it's getting less and less worth it every day).
jv9mmm@reddit
TSMC has stated that they will equip the equip the Twain facilities first, but they never said that they won't equip US fabs with leading edge equipment.
ChinaChipChat_CN@reddit
As an "AI water seller," Nvidia market position has almost formed a natural monopoly. Whether it's the increasing demand for training or inference, it ultimately translates directly into the confirmation of orders for them.
Aleblanco1987@reddit
Crazy.
Jensen is the GOAT
fuddlappe@reddit
Jensen: Yes my boy amd now pay 2500 for the next 80 series
Aleblanco1987@reddit
i don't even own an nvidia card
maybe the next
Vitosi4ek@reddit
It is a bit refreshing to see a corporate conglomerate be led by a person who:
is (one of) the original founder(s) and has been in charge since the very beginning
sells actual products that actual people want for a good reason
understands his industry at a deep technical level, beyond just being a good bean-counter
is a genuine visionary, predicting the future direction of his industry a decade ahead of time.
It's telling that the most scathing criticisms of him is mostly "his products are too expensive" and "he's trying too hard to be cool at events".
Whirblewind@reddit
Oof, this is very glossy on the criticisms. Sounds like you should spend some time researching how Nvidia handles the media.
Strazdas1@reddit
Noone but the media cares how they handle the media.
exilus92@reddit
Businesses buying pallets of >20k$ GPUs from nvidia do not give a fuck about how they handle the media or your cherished consumer-gpu reviewer. The only thing that matters is how much computing power they get per $ and per watt
QTom01@reddit
I mean yeah people want GPUs but this valuation is not reached based on consumer sales, it's multi billion dollar deals with other giant corporations building AI stuff that is still very much up for debate if it's actually good for anyone.
jenny_905@reddit
Yeah I can't really fault him or the company too much, they've been fueling a lot of my entertainment since I was a teen.
Confident-Pop-9256@reddit
The AI Bubble isnt real - Sam Altman probably
bobbie434343@reddit
And its not because of gaming, which should enrage this sub.
Strazdas1@reddit
The two Steves are never happy.
No_Doubt_About_That@reddit
Is the secret a vast collection of leather jackets
imaginary_num6er@reddit
I heard that every major decision is made in a group meeting with Jensen and that he is involved in everything. While it was not specified, I always imagined that they are all required to wear leather jackets in that meeting
Strazdas1@reddit
This is one of those things you wont find on introductory guides for new employees because everyone assumes it obvious.
Strazdas1@reddit
the jackets is actually a networked AI from the future thats telling Jensen what to do.
TophxSmash@reddit
the secret is fake revenue. give a company billions of dollars and they give it back.
From-UoM@reddit
If that was the case Nvidia wouldn't be heading to 100 billion+ annual profits with a very high cash flow
chapstickbomber@reddit
Surely they can maintain 80% margins on their products forever and no one will ever make a better or cheaper product
Ok_Top9254@reddit
Their product is not hardware but software. Their hardware equals Amd but Cuda is just an industry standard for anything matrix/vector/parallel compute related, Rocm just sucks and was an afterthought by Amd for long.
chapstickbomber@reddit
Related to NV ecosystem monopoly: When Intel server performance got clowned by spectre and meltdown, lots of data centers didn't swap them for EPYC, they BOUGHT MORE Intel chips in order to serve the same load.
jmlinden7@reddit
Their hardware is a few percent more efficient than AMD.
That's why they can charge more money for it. Their customers still end up paying less once accounting for electricity bills.
iad82lasi23syx@reddit
They've been able to maintain it for longer than I expected and it's not looking like it'll change in the imminent future tbh
From-UoM@reddit
By the time someone truly catches up with Nvidia in Data Centers, Nvidia will have already moved on to Cars and Robotics.
jenny_905@reddit
Well if they do it's not like they won't see it coming and aim to compete is it?
There's no real secrets in this business
omegafivethreefive@reddit
Valuation at 50x profits.
Totally sane.
Vushivushi@reddit
Forward pe is 30x.
It's pretty typical for big tech.
Meanwhile Costco at 50x fwd pe.
Strazdas1@reddit
I remmeber last year this subreddit made fun of me for predicting Nvidia will reach 5 trillion by 2027. Turns out i was underestimating.
mycall@reddit
What about first $5T private company in history?
Efficient_Culture569@reddit
That doesn't matter much.
I can create a company with 1 trillion shares and buy 1 for 10 bucks.
My company is now valued at 10 trillion.
mycall@reddit
Except that banks are letting Nvidia finance other businesses while they wouldn't give you that pleasure. Bubble.
certainlystormy@reddit
how many trillions will they drop when the bubble bursts lol
Efficient_Culture569@reddit
They could drop 50% and still be in top 5 companies.
Although the implications could be a lot bigger than losing MC.
Dependent_Survey_546@reddit
Wasn't apple the first trillion dollar company only in the last 5 or so years?
AssCrackBanditHunter@reddit
You know what they say-- the first trillion is the hardest
Efficient_Culture569@reddit
The creation of money is driving this!
Most of the new money created end up flowing to these companies, from banks and governments.
Due_Teaching_6974@reddit
$500 Billion - 1999 (Microsoft at the end of dot com bubble)
$1 Trillion - 2018 (Apple)
$5 Trillion - 2025 (Nvidia)
From-UoM@reddit
Insane they are 1 trillion ahead of the second highest.
explosiv_skull@reddit
What's insane is that until 7 years ago there were no publicly traded companies over $1t and now there are five, and they are worth $17t combined or an average of $3.5t each.
randylush@reddit
money doesn't matter anymore
vini_2003@reddit
Valuations don't mean real money, do they? Them being worth $17T doesn't mean there is $17T of real US dollars involved.
Still absolutely insane.
OliveBranchMLP@reddit
it's an indicator of demand.
AssCrackBanditHunter@reddit
Yup. Value of the last traded share x the total number of shares.
randylush@reddit
It’s not like there’s a big vault with $17T in it all for Nvidia employees to go swimming in. However, it does reflect that there is indeed a lot of value tied into the company.
AssCrackBanditHunter@reddit
Ehhh it connects in some way to the belief in value of the company and at the moment the belief is they are the most valuable company by a mile.
Very important to qualify it with belief. There have been many companies that have been revealed to be scams. There was never any true value. So the shares themselves can be valuable but that is tied to an estimation by the general public at large.
randylush@reddit
That’s true
TehBuckets@reddit
SURELY IT’S NOT A BUBBLE RIGHT?
TenshiBR@reddit
Jensen said something not too long ago, that this kind of thing keeps him awake at night because things will burst eventually, and it isn't going to be pretty.
Hobotronacus@reddit
At this point it's Monopoly money. The economy and all tech stock is having a Weekend and Bernie's moment.
phenom_x8@reddit
The head of AI centipede ...
Woahhee@reddit
Bubble, it's gonna pop sooner or later when the AI hype dies down.
MiloIsTheBest@reddit
It's either that or we're all out of a job.
Earthborn92@reddit
From rendering triangles to a screen to here, they've come a long way
Johnny_Oro@reddit
Actually the first Nvidia GPUs were derrived from Sega Saturn and rendered quads without UV mapping instead of triangles. It was slow and inefficient. But merely 4 years later they made the first commercial dGPU to render geometry using it's own compute unit instead of the FPU inside the CPU.
And they only got this big due to AI bubble and the strategic circular economy to exploit that further.
abdullah_haveit@reddit
This valuation & the rise of it are mind boggling. The higher Nvidia's valuation gets, the more I'm leaning towards believing that AI industry is a bubble.
Astigi@reddit
6 When? I'll say before EoY
shroudedwolf51@reddit
If this doesn't upset you, what is wrong with you.
orsikbattlehammer@reddit
When they released the 3000 series I considered investing just a measly $200, but I was (and am) broke so I decided not to. I know I wouldn’t be a millionaire now but man that would have been easy money
chmilz@reddit
Or they could have went bust. Buying stocks is just gambling.
Source: sometimes I buy stocks; sometimes they go to $0, get delisted, and I lose 100% of my investment
zxyzyxz@reddit
Buying individual names sure but buying broad market funds like VTI are not
orsikbattlehammer@reddit
Feel like it was fairly safe bet Nvidia wasn't going to get delisted haha, but yeah honestly what I tell myself usually is that I would have just sold it when it was like 30% up, or even 200% up. No way I would have held on for some crazy 100000x multiple. I always kick myself for not buying any ethereum when it was like $15 dollars when my buddy told me to, but in reality I would have sold it when it was like $70 and bought myself a new computer or something lol.
airinato@reddit
Don't worry, I invested for you and lost a shit ton. AI and the data center pivot was on the horizon, I knew they would blow up.
But the market is about whales that follow each other's moves, not business financials, and they didn't touch nvidia yet. Price catered right before it exploded and I found myself unemployed and needing the money.
Lost thousands on a sure thing.
Techaissance@reddit
They’re gonna pass up the VOC sooner or later.
redstej@reddit
From too big to fail to too big to bail.
kwirky88@reddit
Who’s making meta’s ai hardware? They’re getting government contracts.
Alarchy@reddit
Nvidia hardware runs Meta's AI, though Meta is trying to develop its own hardware to reduce reliance on Nvidia.
hurdeehurr@reddit
That's what anti trust and monopolies will do. Artificial control of the chip factories protected by the government.
Break them up.
China is going to fug them up in the open market before long.
Plus-Candidate-2940@reddit
China is garbage
danfay222@reddit
Didn’t we just have the first $1T company like 2 years ago?
lazazael@reddit
it was on its way a few hours ago