Megacorps was so 2000late, now we are into Terracorps.
this post was submitted on 28 Apr 2024
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How the hell is Nvidia worth more?
Why is this kind of market cap even possible?
This makes no sense on all fronts...
I think that they're considered to be well-positioned to extract a ton of money from companies that want to do parallel computing, AI and suchlike.
Between crypto mining and AI, there are a lot of companies buying Nvidia hardware.
NVIDIA has double the PE Ratio. It’s an indicator that people are just hyped up about AI.
Not just AI. There's whole new verticals that use GPUs now. Specifically vehicles.
They're the main server hardware supplier around, especially when it comes to new tech areas like generative technology and things that require a lot of computation.
I know why. But you'll have to wait until next year to ask AI me why.
Tainted by the blood of Palestinian children
I'm out of the loop, what's Google's involvement in that?
In short, Google fires all employees that as much as think about supporting Palestine.
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Look up Project Olympus and Israel's use of AI (Lavender/The Gospel). Many inside the company have good reason to believe that Google/Amazon is powering the AI that is leading to the indiscriminate killings.
So Apple became the first trillion dollar company and ~5 years later Google becomes ~~the first~~ A* 2 trillion dollar company. That rate of growth sounds inflated and unrealistic.
[edit] updated to reflect corrections based on u/[email protected] 's pedantry
Google becomes the first 2 trillion dollar company.
Except no, because Google is still worth less than nVidia, Apple, and Microsoft. So one of them was the first $2 trillion company.
the android keyboard is still laggy as fuck so i can't type for shit on my phone
Moneywise maybe but its losing real life value very fast!
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