A memory popped into my head when Nvidia did something to benefit everyone, especially gamers, when Bitcoin miners were taking up a chunk of hardware.
What happened?
From-UoM on
-0.75 % as of this writing. So basically nothing
datNovazGG on
lol. Them not investing in OpenAi would make me want to invest the stock rather than the opposite.
guoj1487 on
Where’s that picture from? I thought he was only capable of wearing a leather jacket?
Opposite_Carry_4920 on
TFW: The bubble pops
Caraes_Naur on
The market is punishing Nvidia because they stopped shoveling money into the dumpster fire. That makes sense.
Stuck_in_a_thing on
Watch the street interview with Jensen. He gets upset at the reporter. It really sounds like NVDA never committed to invest 100B , but media twisted a bunch of words and ran with it (shocker). He says NVDA was „invited to invest up to 100B dollars“ … „we will invest one step at a time“. He keeps stressing the word „invited“ .
dallasdude on
I will invest in my neighbor, and he’s going to invest in his neighbor, and that neighbor is going to invest in me. We are all jerks, so it is kind of like a circle of jerks.
TotalBismuth on
Uh oh. Nvidia should have invested more into OpenAI so they wouldn’t have a problem investing back into Nvidia. Stupid Jensen.
TheB1G_Lebowski on
I’ll never own Nvidia products again.
souryellowfruit on
Down 0.89% as of the writing of this comment. Well within a standard days variation for any equity.
lucius-vorenius on
Nvidia can go to hell
Morden013 on
Oh my God! The butterfly has farted in the deep forest and now wallstreet is down.
How fragile is that shitty money-institution when every single little shit that happens brings price down or up for no reason whatsoever?
Derpykins666 on
Nvidia should invest even more into Open AI so they can buy more product from Nvidia. It makes sense if you don’t think about it.
Galahad_the_Ranger on
And the first domino falls
Strange-Effort1305 on
Can’t they just keep starting companies to buy their junk?
ToadP on
No Matter what AI is where the majority of Silicon is going for the Next 10 years or so. Nvidia is running into issues now that Meta/Amazon/ and Google are creating their own Silicon. Maybe if NVIDIA buys the FABS before those other 3 get them they might keep getting larger. But it looks like only real winners will be the guys making the machines and packaging the Shovels.
tonearr123 on
I find it crazy that AI hype has gone so crazy that deciding to NOT make a bad investment causes your shares to drop. OpenAI’s financials are a bloody mess, why would you invest 100 billion of your profitable business into what has proven to be Microsoft’s money pit for the past 7 years. You can invest a trillion dollars in OpenAI won’t change their whole model is unprofitable even with their move to ads, and they aren’t even leading the AI race anymore least when Microsoft made their mistake they were a million miles ahead
TheTeflonDude on
Altman is probably in panic mode
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
21 Kommentare
Bubble full of air?
[deleted]
A memory popped into my head when Nvidia did something to benefit everyone, especially gamers, when Bitcoin miners were taking up a chunk of hardware.
What happened?
-0.75 % as of this writing. So basically nothing
lol. Them not investing in OpenAi would make me want to invest the stock rather than the opposite.
Where’s that picture from? I thought he was only capable of wearing a leather jacket?
TFW: The bubble pops
The market is punishing Nvidia because they stopped shoveling money into the dumpster fire. That makes sense.
Watch the street interview with Jensen. He gets upset at the reporter. It really sounds like NVDA never committed to invest 100B , but media twisted a bunch of words and ran with it (shocker). He says NVDA was „invited to invest up to 100B dollars“ … „we will invest one step at a time“. He keeps stressing the word „invited“ .
I will invest in my neighbor, and he’s going to invest in his neighbor, and that neighbor is going to invest in me. We are all jerks, so it is kind of like a circle of jerks.
Uh oh. Nvidia should have invested more into OpenAI so they wouldn’t have a problem investing back into Nvidia. Stupid Jensen.
I’ll never own Nvidia products again.
Down 0.89% as of the writing of this comment. Well within a standard days variation for any equity.
Nvidia can go to hell
Oh my God! The butterfly has farted in the deep forest and now wallstreet is down.
How fragile is that shitty money-institution when every single little shit that happens brings price down or up for no reason whatsoever?
Nvidia should invest even more into Open AI so they can buy more product from Nvidia. It makes sense if you don’t think about it.
And the first domino falls
Can’t they just keep starting companies to buy their junk?
No Matter what AI is where the majority of Silicon is going for the Next 10 years or so. Nvidia is running into issues now that Meta/Amazon/ and Google are creating their own Silicon. Maybe if NVIDIA buys the FABS before those other 3 get them they might keep getting larger. But it looks like only real winners will be the guys making the machines and packaging the Shovels.
I find it crazy that AI hype has gone so crazy that deciding to NOT make a bad investment causes your shares to drop. OpenAI’s financials are a bloody mess, why would you invest 100 billion of your profitable business into what has proven to be Microsoft’s money pit for the past 7 years. You can invest a trillion dollars in OpenAI won’t change their whole model is unprofitable even with their move to ads, and they aren’t even leading the AI race anymore least when Microsoft made their mistake they were a million miles ahead
Altman is probably in panic mode