Nvidia is selling the shovels (GPUs) for the gold miners (AI Companies)

What happens when there is either a saturation of equipment (GPUs without any big advancement in newer hardware) or no more gold (AI profits) to be found?

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Posted by Gumbo Gary

Member since Feb 2024

61 posts

Posted on 2/16/24 at 10:12 am to DVinBR

quote:
Nvidia is selling the shovels (GPUs) for the gold miners (AI Companies)

What happens when there is either a saturation of equipment (GPUs without any big advancement in newer hardware) or no more gold (AI profits) to be found?

Don't you understand that your facts, logic, & analysis are not welcome here ?
Only Cheerleaders are welcome here so either break out your pom poms or prepare to be attacked.

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Posted by slackster

Houston

Member since Mar 2009

85152 posts

Posted on 2/16/24 at 10:26 am to DVinBR

quote:
Nvidia is selling the shovels (GPUs) for the gold miners (AI Companies) What happens when there is either a saturation of equipment (GPUs without any big advancement in newer hardware) or no more gold (AI profits) to be found?

Processing speeds will always be in demand, and semis have a long history of getting faster and faster every year.

I agree that things can and will slow down in the future, but a faster shovel will always be important.

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Posted by Hateradedrink

Member since May 2023

1330 posts

Posted on 2/16/24 at 10:30 am to DVinBR

NVDA is going up because crypto cycle is ramping up, not just AI.

NVDA always goes bonkers in a crypto cycle and subsequently dumps.

You want to make money? Short the frick out of NVDA around December or January 25

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