Technology

While suing everyone else that makes shovel handles that work with your shovel heads.

You missed out on buying while it was cheaper too, eh?

God I hope so, but the next thing will likely be even more stupid than this, NFTs and crypto.

To your point, when you look at both crypto and AI I see a common theme. They both need a lot of computation, call it super computing. Nvidia makes products that provide a lot of compute. Until Nvidia’s competitors catch up I think they’ll do fine as more applications that require a lot of computation are found.

Basically, I think of Nvidia as a super computer company. When I think of them this way their position makes more sense.

They were doing that for years before it became popular. The same tech for video graphics just so happened to be useful for AI and big data, and they doubled down on supporting enterprise and research efforts in that when it was a tiny field before their competitors did, and continued to specialize as it grew.

Supporting niche uses of your product can sometimes pay off if that niche hits the lottery.

same as with crypto. the software community started using GPUs for deep learning, and they were just meeting that demand

They were first to market with a decent GPGPU toolkit (CUDA) which built them a pretty sizeable userbase.

Then when competitors caught up, they made it as hard as possible to transition away from their ecosystem.

Like Apple, but worse.

I guess they learned from their Gaming heyday that not controlling the abstraction layer (eg OpenGL, DirectX, etc) means they can’t do lock in.

To their credit they've been pushing GPGPUs for a while. They did position themselves well for accelerators. Doesn't mean they don't suck.

DLSS was a necessity to make gains at speeds their hardware could not keep up with.

Is it that the market loves him or is it that a CEO's keynote isn't really that big a deal and is mostly an ego-stroking event?

Because I'm guessing what the market actually loves is the new products that are announced.

imagine how many leather jackets he can buy now

Nvidia and other chipmakers produce actual, useful products. They'll be sitting pretty after the bubble pops.

Always has been

Now we just have to wait for the crash.

I don’t think generative AI is going anywhere anytime soon. The hype will eventually die down, but it’s already proved its usefulness in many tasks.

Most rational stock market analysis.

In one word: cuda

Because of a lot of things. From graphics side RTX and DLSS left AMD catching up (even if RTX isn't really that big of a deal now), then there was Nvidia cards being better at crypto mining and now it's Nvidia cards being better at AI computation + Nvidia pivoting into AI hardware space..

If you want to boil it down to the undeniable, it's that Nvidia is just better at marketing. Everyone knows what Nvidia is doing. What is AMD doing? Besides playing catch-up to Nvidia.

This is all AI hyoe, which Nvidia is sadly much ahead of their competitors.