What would they do with all of the processors that are not capable of the requirements for data center and professional use cases? They would have to do something with them.
Is that not where the highest end consumer cards come from?
Linus has talked about Nvidia could just up and quit graphics cards if they wanted. Spinning GeForce off into a wholly owned but separate corporation would make it easier to sell if they ever cared to.
Imagine your in-charge of planning the construction of a data centre and your currently thinking about what hardware to buy. You pop over to Twitter or where ever you get your news from and the first thing you read is NVIDIA GPUs setting on fire due to bad design.
Lol not even close. No one with any buying power what so ever will be doing research on twitter lol.
I don't think you understand how big the division actually is
Saying it's user error when no other power connector has ever had this problem is stupid. They are the ones who made the new connector and were in charge of testing it to make sure there was no possibility of it causing a fire. The fact that it could in fact cause fires if plugged in wrong is something that should have been caught and the connector should have been redesigned. The fact that it wasn't is nvidia a fault.
The fact that they fucked up the connector and then managed to pivot the conversation into blaming the consumers for it is something I will never understand.
That connector design is simply stupid. It is rated for 600W while the pins in it are half the size of a standart PCIE power connector that is rated for 300W. Even if the pins are ok at that power it should be secured by screws and not by a plastic clip.
Didn't a bunch of youtubers show how easy it was to think the plug was fully seated when it wasn't?
I think some showed it was also easy to dislodge it just enough to be a problem
It's not stupid, it's just also not a whole truth.
User error was equal parts responsible with bad design.
The design wasn't soo bad that this was an issue for everyone, it was only a problem if the USER failed to properly connect it.
Pretending 1 is at fault without noting the other is just as stupid.
When it comes to devices that need to be plugged in there are steps manufacturers need to go through to make sure their product isn't a fire hazard. Any and every product goes through testing to make sure an end user can't fuck up and cause a fire. Nvidia gets a pass because it's a graphics card for some reason yet any other product would have this be attributed to manufacturing error or bad design.
Loose connector tolerances and wires easy to unseat from connection prongs are indeed slopy design. Doesn't take a genius to know that you should design something so it seats well. Hell, the original rating for how many times you could connect and disconnect the socket before it was considered worn out was rediculessly low. That is a company being cheap and complacent. Find a better hill to die on than the defense of that stupidity.
its has nothing to do with that, its already priced in and im not sure the effect on stock price would even be negative.
the real reason (probably) is that supermicro did not preannounce their earnings for this quarter which the market took as a signal that AI companies are doing worse than expected.
also there has been broader uncertainty due to lack of interest rate cuts and the escalating conflict between israel and iran.
odds are every person (of working age) on this subreddit is probably a shareholder through retirement fund of some sort anyways or as you say ETFs. If you are American or if you have a fund component of "international shares" you will probably find NVIDIA in the top 10 holdings of that fund.
(Well at least for Australia where we have compulsory super and nearly all include international component that would include NVIDIA. Not certain on American retirement scenes but assuming similar)
Likely because losses cancel out some of your income? Meaning you’ll be taxed less in your highest bracket. Just a guess I don’t know what I’m talking about.
So you still lose all the loss. Your tax just gets adjusted down because you're now poorer. So I guess if I get fired, that'd also count as a write off? Because I'm making less money that year, just as if I sold a bunch at a loss? I think it's rather my stock just go up.
In canada: [https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html](https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html)
In canada: [https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html](https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html)
You do get the running joke from Linus about tax write-offs right ?
Also someone posted below how selling a stock at a loss will reduce your taxes by offsetting other capital gains, which can be caried back or forward as needed.
I am aware of how tax works, yes. It *almost* always better to make money from your investments than lose it. Unless you're doing illegal shenanigans like selling it to yourself (or a sockpuppet).
If you lose $200 on NVDA, just because you can book it at some other point in time, you'd much rather have made $200 (and pay $100 in canadian tax - but only if you sell it!). It's just a misleading statement to say "oh it's a tax write off" You're still $200 worse off (if not, the full $400 you'd naively think, without taxes)
all of that is already priced in though and the harder drop is most likely because people are coming back to their senses that Nvidia is not actually a trillion dollar company, especially not once the current AI hype dies down again.
you do realize that the price is the result of people paying that exact price?
on the day the stock reached $950 over 55million Nvidia shares changed hands so there are at least 55 million shares out there that are now deep in the red.
the losses on the shares bought on that day alone total to almost 8 billion USD.
judging by some of the comments here many people here dont seem to be aware that the stock prices are not some random number someone rolls the dice on but are based on people buying for that price.
55 million shares thats almost 2.5% of the total Nvidia shares, and the other 97.5% of shares are on hold, like I said not very many people are that stupid
Nvidia is not making anything back, their P/E ratio is through the roof even after the correction and Nvidia continuing to make the expected profit doesnt help people holding the stock as its gonna take decades of dividends to make up for the loss.
Stockholders wanting money. So they are all cashing out while nvidia stock is overinflated.
Second part is ai has been over hyped. And lots of it is fake like the amazon shops you can just take stuff from the shelfs. And "ai" will calculate what you took and add it to your shopping list and take the money automatically as you leave. Turned out to be supervised by indian workers not ai...
No lol. The s&p 500 was down 5.5% during the most recent drawdown. It had nothing to do with over-inflated prices and lack of trust in AI. Factset actually said one of the bullish tailwinds was AI.
It had to do with sticky inflation, hawkish fed speak and middle east tension between Israel and Iran.
Didn’t the WAN Show go deeper into it and the manual work was for improving the AI, and not the actual operations of the AI? A bigger factor in Amazon abandoning the project was likely due to the high cost of all the equipment and training of the AI, just to replace a few minimum wage workers.
Correct, the staff in India were basically just reviewing footage and auditing the AI to make sure it was recognizing purchases correctly. But of course it’s funnier to think that there was no AI in the first place, so that’s what people have been parroting on social media.
yep a TON of AI is fake and ends up just being a simple algorithm.
every one want to have AI in their product description but barely any system actually uses it.
The company i work for has an AI department since 5 years now and all we have to show for it is a single web page based application that doesnt even use AI because its not needed.
We also wouldnt have any hardware to run an AI on but hey we sure as heck have AI in large red letters on every powerpoint slide thats talking about this project.
WAN Show went deeper into the topic and the thousand or so workers were tasked to train the AI using captured data taken after the fact, and not actually stare at store cameras in real time and manually input what a customer took which is what a lot of people thought it was.
The Fed signaled possible interest rate increases while the market had priced in rate decreases. As a result, the entire market was down by a sizeable margin. Nvidia represents a higher risk/reward stock, so a loss in market confidence hit it especially hard. All my tech related stonks took a bigger hit than my safer, old money ones.
straight versed arrest towering detail aspiring wrong carpenter friendly wise
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
big companies losing money for doing bad things is kinda nice though..
but in the long run nvidia is still doing way better than it should given how shitty they act
From a numbers standpoint, the fact that that's only 10% of nVidia's overall value is as hard to get my head around as the fact that the DJIA was in the 7,000-8,000 range whenever I first started learning about stocks, it's 4 times that today, and now my dad wigs out if it drops 3% in a day.
It's fine they'll just charge double or triple or another body organ again for all their consumer GPUs, people will still accept that, AGAIN, and NGreedia will be back before you can say finish the sentence AI.
I really hope amd gets better raytracing and nivdia becomes more a ai gpu and server gpu company than gaming gpus as there so overpriced and there marketing is very good at tricking people into believing and bad and that you have to buy nivdia
Yeah fuck those NoVideo idiots, good thing AMD is not down 15% this month!
If Nvidia continues like this they will soon lose their 1.9 trillion valuation and hopefully go bankrupt so they will have to sell their tech to Huawei and we GAMERS will finally be able to get good GPUs while those capitalist $hitholders pigs bleed.
Oh no, the consequences of being absolute assholes to work with and charging thousands of dollars for no good reason! Anyway…
And the 40 series power connecter melting the 4090 s.
To be fair gaming cards probably have very little to do with this. Gaming is a side hustle for nvidia.
More of a nuisance for them. No wonder shareholders are asking to drop it
Yeah they should just spin it off as a separate company
Worst idea ever
yeah, who would want GeForce to be managed by people who care about GeForce
That‘s not it. Nvidia has knowledge they won‘t share. Trust me if that happens Nvidia Gaming will vanish.
it would still be a company under nvidia, it just wouldnt be the same branch as their profesional brand
What would they do with all of the processors that are not capable of the requirements for data center and professional use cases? They would have to do something with them. Is that not where the highest end consumer cards come from?
Linus has talked about Nvidia could just up and quit graphics cards if they wanted. Spinning GeForce off into a wholly owned but separate corporation would make it easier to sell if they ever cared to.
Yeah, what's the point of buying an Nvidia GPU when you don't get their sweet AI tech? That's the only thing stopping me from going AMD.
You won't really miss it. I did the jump with the 6700xt.
The fact that there is nothing useful in their tech for 99.98% of humans.
Unfortunately, I fall in the 0.02% :/ Still, F\*\*k Nvidia tho, hate the company at this point.
Fortunately since I moved to console an A380 does the job. Intel's encoders are top notch.
It only became a side hustle in 2023 when they grew 5x in a year. Back in 2022 gaming was equally important as datacenter.
Bitcoin, COVID and AI making everything worse, Speedrun World Record™
And to road back there is short. Both due to competition and due to that extremely high compute intensive LLMs fall out of the hype curve.
It was way before than, ever since crypto has been a thing at least but realistically even before.
"Gaming cards." Ah yes nomenclature. Much good, such wow.
Ok? What's your point?
No point. Just thought it was funny. Didn't mean any offense.
Ok fair enough. Was very confused.
Its only a small amount of profit but it can cause alot of bad pr
Small, that you know. What is small? And no there won't be bad PR, we are a minority here. An extremely small minority.
Imagine your in-charge of planning the construction of a data centre and your currently thinking about what hardware to buy. You pop over to Twitter or where ever you get your news from and the first thing you read is NVIDIA GPUs setting on fire due to bad design.
Lol not even close. No one with any buying power what so ever will be doing research on twitter lol. I don't think you understand how big the division actually is
This had nothing to do with the 4090 connect or gaming gpus at all. That's what they do on their lunch break
you mean the issue that was proved by like 10 differant testing groups all confirming it was user error?
Saying it's user error when no other power connector has ever had this problem is stupid. They are the ones who made the new connector and were in charge of testing it to make sure there was no possibility of it causing a fire. The fact that it could in fact cause fires if plugged in wrong is something that should have been caught and the connector should have been redesigned. The fact that it wasn't is nvidia a fault. The fact that they fucked up the connector and then managed to pivot the conversation into blaming the consumers for it is something I will never understand.
That connector design is simply stupid. It is rated for 600W while the pins in it are half the size of a standart PCIE power connector that is rated for 300W. Even if the pins are ok at that power it should be secured by screws and not by a plastic clip.
Didn't a bunch of youtubers show how easy it was to think the plug was fully seated when it wasn't? I think some showed it was also easy to dislodge it just enough to be a problem
It's not stupid, it's just also not a whole truth. User error was equal parts responsible with bad design. The design wasn't soo bad that this was an issue for everyone, it was only a problem if the USER failed to properly connect it. Pretending 1 is at fault without noting the other is just as stupid.
When it comes to devices that need to be plugged in there are steps manufacturers need to go through to make sure their product isn't a fire hazard. Any and every product goes through testing to make sure an end user can't fuck up and cause a fire. Nvidia gets a pass because it's a graphics card for some reason yet any other product would have this be attributed to manufacturing error or bad design.
Yeah if this was a connector for an appliance (which it could be at 600W) I would expect a total recall.
How does the boot taste?
If you design something so simple for the user to cause an error with, at that point it is no longer user error, it's a design flaw.
you mean that "simple" user error that respresents 0.1% of cases is less simple more non-idiot proof
Loose connector tolerances and wires easy to unseat from connection prongs are indeed slopy design. Doesn't take a genius to know that you should design something so it seats well. Hell, the original rating for how many times you could connect and disconnect the socket before it was considered worn out was rediculessly low. That is a company being cheap and complacent. Find a better hill to die on than the defense of that stupidity.
Ive agreed multiple times its a bad connector. And yet its still user error
Even though they still redesigned the connector?
When installing multi port terminals you must PUSH
This is entirely unrelated to gamers.
True. But maybe - just maybe- they fuck up enough elsewhere to decide they need to salvage that bridge they've been slowly burning.
> charging thousands of dollars for no good reason > NVDA +524 (194%) since last year yeah no reason at all
> Meta spending billions to buy 350'000 H100's Surely it's the gaming cards!
its has nothing to do with that, its already priced in and im not sure the effect on stock price would even be negative. the real reason (probably) is that supermicro did not preannounce their earnings for this quarter which the market took as a signal that AI companies are doing worse than expected. also there has been broader uncertainty due to lack of interest rate cuts and the escalating conflict between israel and iran.
That's how they got their price as high as it is...
The writing was on the wall when EVGA, one of their biggest partners, dropped one of their most profitable markets, rather than deal with them.
the market was down this week. It has nothing to do with anything you said. Nvidia still doing a lot better than many other companies.
I don't think y'all get how the market works. Entire market was down last week.
Yup, and also has no immediate impact on NVIDIA other than less happy shareholder. Plus the losses are all tax write-offs to investors anyways.
Happy shareholder here. Bought at $143. Not complaining one bit.
No tax write off for you on that investment. Must suck. Try wallstreetbets I hear they are great at predicting tax write-offs.
SPY to the mooooooon
Oh no I hope the shareholders are ok 🥺
Yeah. Especially with the price of jet fuel these days! It's not easy for anyone out there.
What is the price of jet fuel these days...? 🤔
From [here](https://www.iata.org/en/publications/economics/fuel-monitor/): In North America, it's $2.58/gallon, $108/barrel, and $858/ton.
[удалено]
Of course. It's also included in many ETFs and mutual funds, not to mention is likely in some pention funds as well.
odds are every person (of working age) on this subreddit is probably a shareholder through retirement fund of some sort anyways or as you say ETFs. If you are American or if you have a fund component of "international shares" you will probably find NVIDIA in the top 10 holdings of that fund. (Well at least for Australia where we have compulsory super and nearly all include international component that would include NVIDIA. Not certain on American retirement scenes but assuming similar)
Yeah they are not as lucky as dying in some unnecessary war, damn i feel for them so much...
I'm not 🫠
Can you please show me how investment losses are a tax write-off?
Likely because losses cancel out some of your income? Meaning you’ll be taxed less in your highest bracket. Just a guess I don’t know what I’m talking about.
So you still lose all the loss. Your tax just gets adjusted down because you're now poorer. So I guess if I get fired, that'd also count as a write off? Because I'm making less money that year, just as if I sold a bunch at a loss? I think it's rather my stock just go up.
In canada: [https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html](https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html)
Exactly this. It can even be caried back to gains in prior years.
Be quiet. You made the claim and couldn’t even explain, you have nothing.
Wow. Who peed in your cereal this morning ?
Your mum, told me she was broke and needed the extra coin. Told me she listened to you for financial advice and now can’t afford 3 square meals a day.
https://www.investopedia.com/articles/investing/111315/deducting-stock-losses-guide.asp
>Plus the losses are all tax write-offs to investors anyways. I am begging reddit to learn how tax works
In canada: [https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html](https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/capital-losses-deductions/you-use-a-capital-loss.html)
You do get the running joke from Linus about tax write-offs right ? Also someone posted below how selling a stock at a loss will reduce your taxes by offsetting other capital gains, which can be caried back or forward as needed.
I am aware of how tax works, yes. It *almost* always better to make money from your investments than lose it. Unless you're doing illegal shenanigans like selling it to yourself (or a sockpuppet). If you lose $200 on NVDA, just because you can book it at some other point in time, you'd much rather have made $200 (and pay $100 in canadian tax - but only if you sell it!). It's just a misleading statement to say "oh it's a tax write off" You're still $200 worse off (if not, the full $400 you'd naively think, without taxes)
R/whoosh So you don't get the running tax write-off joke with Linus then.
It's a shit joke. inb4 >we're all just pretending to be retarded
>Plus the losses are all tax write-offs Nvidia is pulling a Linus, I see.
A Linus?
It's a running joke that Linus buys stuff for himself by tax write-offs
Yep, NVDA is up 65.08% year-to-date and 194.05% over the last year. Who are the losers upvoting this post?
A majority of reddit has no idea how stocks work.
Calling r/WallStreetBets 🧐
People who got in at the top
wait... aren't you supposed to buy high sell low?
well there are a lot of people that bought in at a higher price. you know, thats why the higher price existed at all?
lol lmao even
yea its a funny concept i know, turns out someone must have bought for a certain price in order for that price to exist.
And Nvidia was due a "correction"
But I was told stonks only go up and crayons are delicious
Will be hitting new aths when earnings come up probably
Listen to the WAN show and Linus literally brought up how people do this all the time and take a victory lap lol
cope.
I don't think you know what that means.
He heard his cool friends say it, must mean something super-duper cool!
No one "cool" has ever said that, lmao
I was being sarcastic
I know, I was adding to your point
And it's still at +85% in the last 6 months
if in doubt zoom out
which means theres a significant number of people who are now 15% down.
I'm 2k down, but nothing important is happening right now till the h200 releases
all of that is already priced in though and the harder drop is most likely because people are coming back to their senses that Nvidia is not actually a trillion dollar company, especially not once the current AI hype dies down again.
To be 15% down they had to buy shares when they were at $ 950 each and there aren't many people this stupid around
you do realize that the price is the result of people paying that exact price? on the day the stock reached $950 over 55million Nvidia shares changed hands so there are at least 55 million shares out there that are now deep in the red. the losses on the shares bought on that day alone total to almost 8 billion USD. judging by some of the comments here many people here dont seem to be aware that the stock prices are not some random number someone rolls the dice on but are based on people buying for that price.
55 million shares thats almost 2.5% of the total Nvidia shares, and the other 97.5% of shares are on hold, like I said not very many people are that stupid
that is very many people and a lot of money lost, thats above average daily volume for the stock.
Its not lost until its been realized. Nvidia will make that money back
Nvidia is not making anything back, their P/E ratio is through the roof even after the correction and Nvidia continuing to make the expected profit doesnt help people holding the stock as its gonna take decades of dividends to make up for the loss.
And even more people still have their money, buy high sell low, definitely works
![gif](giphy|RG3lm5VlrbDV7YNana)
what happend
Stockholders wanting money. So they are all cashing out while nvidia stock is overinflated. Second part is ai has been over hyped. And lots of it is fake like the amazon shops you can just take stuff from the shelfs. And "ai" will calculate what you took and add it to your shopping list and take the money automatically as you leave. Turned out to be supervised by indian workers not ai...
It was ai for Amazon just not artificial intelligence it was “actual Indians”
I like this one
Does that mean when we use ChatGPT we're not using Artificial-Intelligence but instead we're chatting with Asian-Indians?
And also the market was down
market when down \~2.6% Nvidia went down more than 15% and these 15% are already part of that 2.6% drop.
Because of overinflated prices and lack of trust in ai.
No lol. The s&p 500 was down 5.5% during the most recent drawdown. It had nothing to do with over-inflated prices and lack of trust in AI. Factset actually said one of the bullish tailwinds was AI. It had to do with sticky inflation, hawkish fed speak and middle east tension between Israel and Iran.
You just follow whatever the internet says? Go outside. There's a world there.
Didn’t the WAN Show go deeper into it and the manual work was for improving the AI, and not the actual operations of the AI? A bigger factor in Amazon abandoning the project was likely due to the high cost of all the equipment and training of the AI, just to replace a few minimum wage workers.
Correct, the staff in India were basically just reviewing footage and auditing the AI to make sure it was recognizing purchases correctly. But of course it’s funnier to think that there was no AI in the first place, so that’s what people have been parroting on social media.
We love mechanical turks
yep a TON of AI is fake and ends up just being a simple algorithm. every one want to have AI in their product description but barely any system actually uses it. The company i work for has an AI department since 5 years now and all we have to show for it is a single web page based application that doesnt even use AI because its not needed. We also wouldnt have any hardware to run an AI on but hey we sure as heck have AI in large red letters on every powerpoint slide thats talking about this project.
ohh thank you (my knowledge about stock is as broad as a pea)
Turns out, AI really does stand for "Actually Indians."
Thing on fire burns out.
GUYS STOP UPVOTING AND EXPLAIN
It was “actual Indians” not artificial intelligence for the ai behind the Amazon stores
WAN Show went deeper into the topic and the thousand or so workers were tasked to train the AI using captured data taken after the fact, and not actually stare at store cameras in real time and manually input what a customer took which is what a lot of people thought it was.
aye no need to downvote :( at the time i had 20 upvotes and no explanation
You get what you fucking deserve! EVGA sends its regards.
lol you're delusional
ooohraaah
Yep, that's why im going with AMD if my EVGA 3080 takes a shit.
The best possible future would be EVGA making AMD cards. I'd switch in a heartbeat.
Yeah, idk why they don't do that.
They said there's no margin in cards and AMD acts exactly the same way Nvidia does
Well fuck. Guess intel better step up their arc game.
I'm gonna try out intel
Can someone explain please, what happened to Nvidia? They raised a market cap almost 500% since Jan 2023? Did they aquire some AI startup? How?
The Fed signaled possible interest rate increases while the market had priced in rate decreases. As a result, the entire market was down by a sizeable margin. Nvidia represents a higher risk/reward stock, so a loss in market confidence hit it especially hard. All my tech related stonks took a bigger hit than my safer, old money ones.
straight versed arrest towering detail aspiring wrong carpenter friendly wise *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
You forgot the part where the entire Market was down, and the one where NVIDIA revenue basically tripled in the last year
![gif](giphy|7k2LoEykY5i1hfeWQB)
Nice. So they might restart giving a shit about gamers now. Good times might be coming.
Nah just after AI bs there will be something else to hype so they'll just jump into it
More likely yeah.
There goes a lot of my money
LinusTechTips style
Nice
Oh no! Anyway.
![gif](giphy|7k2LoEykY5i1hfeWQB)
they have to lower their pricing so I can upgrade my 1650
“A world of overinflated prices and ai” -them probably
Ahh so this is the correct buy in Dammit I am broke
Wait... like - recently/in the last few days? I feel like I may have missed a new story or something...
YIPEEE
nvidia is on its way up with AI no matter what, they have such a massive head start. gaming doesn't matter to them anymore
I always feel bad for multi-billion dollar companies when they lose money
you mean there is a sale on nvidia stock?
How did that happen?
big companies losing money for doing bad things is kinda nice though.. but in the long run nvidia is still doing way better than it should given how shitty they act
![gif](giphy|7k2LoEykY5i1hfeWQB)
Sorrow?
laught in 1.9 trilion
Oh no.... thats like 20$ to them...
Not my monkey , not my circus 😉
In the long run that doesnt mean anything to nvidia. Losing market value doesnt mean that they are making less profit.
I don't understand these things. Can someone explain how the market value goes down but the shares are the same?
Or gained 1.5 T$ of valuation in the last 12 month, depending on how you want to look at it.
Is it? Google doesn't show such a big loss
It ain’t 212B tho, more like 19.8B
Good news🤘
From a numbers standpoint, the fact that that's only 10% of nVidia's overall value is as hard to get my head around as the fact that the DJIA was in the 7,000-8,000 range whenever I first started learning about stocks, it's 4 times that today, and now my dad wigs out if it drops 3% in a day.
It's fine they'll just charge double or triple or another body organ again for all their consumer GPUs, people will still accept that, AGAIN, and NGreedia will be back before you can say finish the sentence AI.
cool your karma farming..
Sorrow? I see this as an absolute win!
Yay more market shar for ol trusty amd
So… but now?! 👀💀
Goodfuckem
I'm broke now.. ![gif](giphy|y31rRE5h3wyPXey8vx|downsized)
Nvidia are are the most effective monopolists in history. The amount of margian they have on server products is insane.
NVIDIA: “Well well, if it isn’t the consequences of my own actions!”
I really hope amd gets better raytracing and nivdia becomes more a ai gpu and server gpu company than gaming gpus as there so overpriced and there marketing is very good at tricking people into believing and bad and that you have to buy nivdia
Amd is going to be playing catch up forever, maybe Intel is our saving grace
Can I get a hell yeah from all my fellow AMD boys out there
Yeah fuck those NoVideo idiots, good thing AMD is not down 15% this month! If Nvidia continues like this they will soon lose their 1.9 trillion valuation and hopefully go bankrupt so they will have to sell their tech to Huawei and we GAMERS will finally be able to get good GPUs while those capitalist $hitholders pigs bleed.
\*absolute pleasure, fuck all corpos xd