It's profitable for NVidia, because they're not actually doing anything with it, they're just selling all the hardware that everyone else needs.
It's profitable for NVidia, because they're not actually doing anything with it, they're just selling all the hardware that everyone else needs.
Jensen seems to be concerned though about the bubble bursting. he probabl wont see immediate effect, but since he switched to mostly AI chip production/design, he will likely lose alot once it hits.
The only ones guaranteed to make money in a Gold Rush are the ones selling shovels.
That said, NVIDIA made the mistake of lending money and/or investing directly in the ones doing the "gold mining", so now they're heavilly exposed to the side of things that loses a lot of money when it turns out that it was all Fools' Gold.
When it comes to manias, some things are always the same.
well the AI pretty much replaced ceos, they even talk like AI now.
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Huh, why is nvidia saying we should all be using it all the time again?
save