alt Hacker NewsWhen NVidia unravels from the current state of the market I'd gather it's going to be a phenomenal source of data to study with respect to the questionable economics propping all of this up today. Curious if Jensen actually believes he's going to outrun this train or if he thinks that spreading his chips out keeps him from a worse demise.
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It’s funny watching people trip over NVIDIA name. So many keyboard gymnastics.
They do what everyone in their position would do. What matters are the boxes leaving the warehouse. Dozens of thousands of them.
I wonder how much Jensen has managed to liquidate. For me currently obvious strategy would be to pump things as high as they can while unloading stock holdings as is possible without looking too bad.
at this valuation there's literally no other option than to spread it around. it's literally the only sane move. otherwise it would not only take balls of steel but also board's approval.
Yes. All these companies making "investments" in each other, where company A puts 10 billion into company B and company B buys 10 billion of company A's products can't work out well in the end. This is separate from the concept that AI has real value. Pointing out the likely doomed to fail huge mutual investments is a separate issue. We can have two ideas in mind about something.
I am worried about the damage when this ends. Sure, there's way over exuberance in my opinion about the value of all this vast amount of spending and infrastructure (datacenters, billions or trillions more in training hardware from nvidia etc). But there's this other completely bonkers level where it's just normal to give some billions for some stock and they turn around buy billions of your stuff.
This has to run into reality at some point.