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Cake day: June 18th, 2023

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  • Buffalox@lemmy.worldtoTechTakes@awful.systemsNvidia is being a bubble stock again
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    4 hours ago

    Bragging how you didn’t read something is also ill-favoured here.

    WTF? Your shitty link to some private blog doesn’t work, but apparently you can’t make a proper response to the above.
    I just mention I couldn’t read it for completeness on my side.
    VC is not a tech term, you are being lazy and apparently don’t care about ambiguities in what you write.

    And unless it means something different here than I guessed, your point was irrelevant. Venture capitalists are irrelevant to the boom of AI.

    You also don’t explain how actual demand can be a bubble.


  • The link you provide above stalls, so IDK what that is about.
    I don’t agree that AI is just a marketing term, although it probably is used in that way by many, it is not when it comes to Nvidia, who has the by far most popular hardware to drive AI software. And Nvidia is already making a lot of money on selling hardware for AI, and even lower tier suppliers claim the demand is crazy for AI hardware.

    VCs will get sick of setting money

    Do you mean venture capitalists? It’s very annoying to have to guess the meaning of a 2 letter acronym. For Christ sake how many meaning do you think VC has?
    What special contact do industry peons have with venture capitalists? That doesn’t make any sense. Also I don’t believe this is driven by venture capitalists at all.

    All the biggest companies like Microsoft, Google, Facebook etc are making huge investments in their own implementations, implementations that cannot even be finished this year because of supply shortages. This is not about upstarts, but all the biggest existing companies investing huge amounts of money. Upstarts funded by Venture capitalists are not even a blip on the radar.

    So saying 3 quarters is absolute bullocks, that doesn’t even cover NVIDIA’s back orders!

    this is a bubble fueled entirely by investors,

    Nope, there is actual crazy demand. But how crazy in the longer run remains to be seen.


  • I agree this increase is insane and without parallel AFAIK. It seems to be too good to be true, and normally that means it actually is too good to be true.
    It’s also hard to believe that Nvidia will be allowed to stay ahead in a market with such profit potential.
    But for 8 years they’ve not only kept their market advantage and profit margins. They’ve actually managed to increase both.
    I thought Nvidia was crazy when they made chips that yielded only one per wafer, I thought AMD would beat them with more agile chips at a fraction the price.

    So the question is when you call this a bubble, do you mean demand for compute will stop increasing as much as it is? Do you think AI will flop?

    In some ways I think AI already flopped somewhat from the initial hype of ChatGPT. But I do not think that will stop the race among companies to implement AI to keep up or stay ahead og the competition. It seems like AI is like a weapons race, and I bet it will go on for at least 5 years. Then if it turns out not to be the advantage companies hoped for, it will obviously slow down.

    But I think Nvidia has a few years of good running ahead of them yet.


  • Buffalox@lemmy.worldtoTechTakes@awful.systemsNvidia is being a bubble stock again
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    6 hours ago

    Yeah people have been saying something along those lines since 2016. I admit I had no idea it could get to where it is now, but people called it insane when Nvidia passed a $100 around that time (before the splits), and they called it doubly so when it passed $300 (still before the splits). Now they are at $125 but with a split of 1:10 this year, and in 2021 they had a split 1:4, meaning one stock prior to 2021 would be 40 stocks today. So that’s equivalent to a stock worth $100 around 2016 is now 40 stocks worth $5000 total! That’s 50x the value in 8 years.

    Nvidia has been boosted over several times first by crypto, then by (traditional) datacenters, and now by AI:

    I’ve been thinking this was a bit too much for about 5 years now, but the world constantly hungers for more computing power, and apparently Nvidia is the best company to deliver that.

    My bet was on AMD, because I thought they’d catch up to Nvidia (apart from taking market share from Intel). While AMD was still a good bet, Nvidia would have been way better.

    For 8 years betting against Nvidia has been the wrong bet. Maybe it’s finally at the end of the fairy tale, but I wouldn’t bet on it.


  • Yes you are 100% right, and I did consider level 3 cache as a better measure, because that allows communication between cores without the need to go through RAM, and cache generally has a high hit rate. But this number was surprisingly difficult to find, so I settled on the data bus.
    Anyways it would be absolutely fair to call it 256bit by more than one measure. But for sure it isn’t just 64 bit, because it has 512 bit instructions, so the instruction set isn’t limited to 64 bit. Even if someone was stubborn enough to claim the general instruction set is 64 bit, it has the ability to decode and execute 2 simultaneous 64 bit instructions per core, making at least 128 bit by any measure.




  • Buffalox@lemmy.worldtoUkraine@sopuli.xyz*Permanently Deleted*
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    2 days ago

    How is that even remotely relevant to Russia invading Ukraine completely unprovoked in 2014, and again in 2022?
    If you side with Nazi Russia, that’s your choice. But it’s self destructive and insane.
    Because of Putins imperialistic dreams, Russia will now have poverty as the Soviet era, so in that way Putin will achieve his goal of bringing Russia back to the lack of greatness of the Soviet Empire.











  • This is working as intended, Ukraine attacks refineries, which makes it necessary for Russia to export crude oil at lower prices.
    This way Ukraine can hit the Russian economy, without causing oil prices to increase on the global market, something Ukrainian allies have expressed concern about.
    It is allegedly already causing difficulties for Russia to refine enough oil for their needs for their war against Ukraine, and that makes it necessary for Russia to export crude oil and buy some of it back at higher prices after it has been refined.