jeffw@lemmy.worldM to News@lemmy.world · 7 months agoNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.comexternal-linkmessage-square18fedilinkarrow-up1155arrow-down16
arrow-up1149arrow-down1external-linkNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.comjeffw@lemmy.worldM to News@lemmy.world · 7 months agomessage-square18fedilink
minus-squarePantrygheist@programming.devlinkfedilinkarrow-up30·7 months agoWe are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
minus-squareAbidanYre@lemmy.worldlinkfedilinkEnglisharrow-up16·edit-27 months agoAnd that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
minus-squareFaceDeer@fedia.iolinkfedilinkarrow-up13·7 months agoIt’s not all imaginary, real money is being paid for AI services which in turn is being spent on GPUs.
We are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
And that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
It’s not all imaginary, real money is being paid for AI services which in turn is being spent on GPUs.