this post was submitted on 13 Aug 2023
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The best way to make money in the gold rush was selling shovels.
Same idea here. Nvidia is making bank.
And that's before you even point out that they were also making bank from the last gold rush
Good time to be in the GPU business
If nvda selling shovels, what is tsmc?
selling steel
And then you have ASML who sell the foundry equipment that makes the steel.
Cutting trees
shovel making equipment
they are the shovel
metaphors
Heard of something similar in the past. "Be the Arms dealer"