this post was submitted on 28 Jan 2025
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    Fuck Nvidia: Stock Exchange Edition (lemm.ee)
    submitted 3 months ago by Facni@lemm.ee to c/linuxmemes@lemmy.world
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    [–] eestileib@sh.itjust.works 89 points 3 months ago

    Nvidia's valuation was based on the premise that OpenAI was going to be spending seven trillion dollars on infrastructure, most of which would go to Nvidia, because it was impossible to make the ultimate mediocrity machine without that level of investment.

    Furthermore, the DeepSeek team claims they did this on relatively old GPUs, the kind that there are already tens of thousands of shipping containers worth of in crypto and llm farms today, that everybody was expecting to need to turn over every 18 months.