Timely_Jellyfish_2077@programming.dev to Technology@lemmy.worldEnglish · 1 month agoNvidia overtakes Apple as the second most valuable company.www.cnbc.comexternal-linkmessage-square86fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkNvidia overtakes Apple as the second most valuable company.www.cnbc.comTimely_Jellyfish_2077@programming.dev to Technology@lemmy.worldEnglish · 1 month agomessage-square86fedilink
minus-squareNighed@sffa.communitylinkfedilinkEnglisharrow-up0·1 month agoNvidia IS making a profit on it though. It’s the whole “in a good rush, sell shovels” thing.
minus-squareNeshura@bookwormstory.sociallinkfedilinkEnglisharrow-up0·1 month 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.
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.