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Nvidia becomes the 9th stock ever to top $1 trillion in market value

 
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05/30/2023 10:52 AM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Hard to believe this. Nobody is buying these cards for over a year now since mining stopped and the 4000 series was a let down. You can’t give away 1000, 2000 and 3000 series cards on the used market now and somehow Nvidia stock is in the stratosphere. Laughable.
 Quoting: Anonymous Coward 80162692


you can give me a 3000 series card. dm me for shipping address.
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Anonymous Coward
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05/30/2023 10:54 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
[link to nvidia.com (secure)]

joke tech company.
News_hungry

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05/30/2023 11:20 AM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
A Money laundering stock. Like the FAANG stocks and Tesla.
 Quoting: Anonymous Coward 85215341


Wrong. NVIDIA is actually making something. Their products are top of the line. They are to top global GPU maker, both in volume and performance.
The reason their value jumped so much recently is the fact that they are the global leader in AI computing and pretty much everyone is now investing in AI.

Tesla is where it is because of government involvement. Nvidia got here on their own, by being the best at what they do.....and milking it.
News_hungry

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05/30/2023 11:24 AM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Hard to believe this. Nobody is buying these cards for over a year now since mining stopped and the 4000 series was a let down. You can’t give away 1000, 2000 and 3000 series cards on the used market now and somehow Nvidia stock is in the stratosphere. Laughable.
 Quoting: Anonymous Coward 80162692


Again, it's the AI and enterprise market that made the difference, not the gaming market.

Last Edited by News_hungry on 05/30/2023 11:25 AM
Anonymous Coward
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05/30/2023 11:29 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
The PC platform has been declared dead everybody, as a trend and a market it is finished.
This is why AMD does not care to slaughter the consumer or professional novidea add in card business. AMD already has consoles, will dominate new laptops for this holiday season, and Intel cannot keep up in servers.

Nvidea's only strategy left is marketing. Meaning designing chips before anyone wants them, and cheaping out on the bill of materials.
Nvidea was so lucky Nintendo did so with the switch for their unsellable stockpiles of garbage chips. The switch is also certified dead by the numbers.
Anonymous Coward
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05/30/2023 11:34 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Anonymous Coward
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05/30/2023 11:36 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
That's strange, as the community who buy their graphics cards for gaming are very unhappy with the current generation offering. Both the specs and performance for the price.
themessengernevermatt​ers

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05/30/2023 11:37 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
like she says, all this 'artificial intelligence' mania is driving it up.

'artificial intelligence' is what retarded people call computer programming. the monied traitor class are IDIOTS , these people are DUMB RICH people. the Ratfinks LOVE to dish out money to them because it flows right back, it's a silly game, they pay them huge sums of money so our traitor population can lord it over us and it flows right back into their grubby little paws.
 Quoting: Anonymous Coward 77897075


AI is the new tech bubble. Another vaporware bubble to prop up the dying economy. They used the tech bubble to hide the decimation of the outsourced production base. The market is just a game of smoke and mirrors. It doesn't really reflect the real economy; the resources, the workers and the produced goods. The whole thing is just moving money. Which is also why moving money effects it so much.

Last Edited by themessengernevermatters on 05/30/2023 11:39 AM
“The rules are simple: they lie to us, we know they're lying, they know we know they're lying, but they keep lying to us, and we keep pretending to believe them.”

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Super Straight Splinterhead

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05/30/2023 11:38 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Bought well before the split,a good investment it has been.
gts167

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05/30/2023 11:45 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Fuck me, you spastics this isn’t about bloody graphics cards you play COD with, this is about industry grade, specialized GPUs that are optimised for AI. Nvidia is well ahead on this and hence the pump.

AI is like the next industrial revolution, yes there will be some zombie companies and a heap of shit that goes broke, but AI is going mainstream and there is nothing you can do to stop it.
Embrace it.
Make it what you want it to be instead of what you fear.

Stop living in fear, this place is absolutely riddled with it.
gts167

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05/30/2023 11:48 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
There are two major forces in the world of economics and industry.

Technology, which continuously makes thing cheaper and more productive with less input.
Banks/Govts/Centralised power which continuously makes things more expensive regardless of human effort.

Take your pick.
Anonymous Coward
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05/30/2023 11:56 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
like she says, all this 'artificial intelligence' mania is driving it up.

'artificial intelligence' is what retarded people call computer programming. the monied traitor class are IDIOTS , these people are DUMB RICH people. the Ratfinks LOVE to dish out money to them because it flows right back, it's a silly game, they pay them huge sums of money so our traitor population can lord it over us and it flows right back into their grubby little paws.
 Quoting: Anonymous Coward 77897075


AI is the new tech bubble. Another vaporware bubble to prop up the dying economy. They used the tech bubble to hide the decimation of the outsourced production base. The market is just a game of smoke and mirrors. It doesn't really reflect the real economy; the resources, the workers and the produced goods.
 Quoting: themessengernevermatters


Personally I don't believe it is a bubble like the cryptocurrencies were. We have actual products and even research tools based on AI, so it isn't a hype like the cryptos and the cryptobros that wanted to become rich out of thin air. NVIDIA, Alphabet (Google), Microsoft and all these big companies are not hype-driven.
Anonymous Coward
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05/30/2023 11:57 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Pump and dump?
 Quoting: Anonymous Coward 74509537


Has to be. There upcoming earnings go report should knock 30% off that unrealistic value.
themessengernevermatt​ers

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05/30/2023 11:59 AM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Fuck me, you spastics this isn’t about bloody graphics cards you play COD with, this is about industry grade, specialized GPUs that are optimised for AI. Nvidia is well ahead on this and hence the pump.

AI is like the next industrial revolution, yes there will be some zombie companies and a heap of shit that goes broke, but AI is going mainstream and there is nothing you can do to stop it.
Embrace it.
Make it what you want it to be instead of what you fear.

Stop living in fear, this place is absolutely riddled with it.
 Quoting: gts167


You will too when they use the AI to fucking datamine your every thought, deed and action through your smart devices and control you through your combined social/economic credit score system.

They aren't developing AI to make the world a better place, but to finish their giant invisible prison; their digital gulag.

AI is just the next piece. They needed the internet, then they needed 5g/6g, then they need the AI bots. Then every person can have an AI shadow; a digital twin. They have only openly talked about it for the last eight years.

Tards like you always think the technology is for your benefit, it never is. They only gave the people the net, because they needed it as a backbone for their system. At first they let it be free like the wild west, now that it is finished and the people are locked in, they locking the fucker down tighter than a snare drum.

This shit is going to make the people of 1984, and brave new world, look like luddite amateurs.

Last Edited by themessengernevermatters on 05/30/2023 12:00 PM
“The rules are simple: they lie to us, we know they're lying, they know we know they're lying, but they keep lying to us, and we keep pretending to believe them.”

Elena Gorokhova, A Mountain of Crumbs
Anonymous Coward
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05/30/2023 12:01 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Pump and dump?
 Quoting: Anonymous Coward 74509537


Has to be. There upcoming earnings go report should knock 30% off that unrealistic value.
 Quoting: Anonymous Coward 12949712


Their, damn phone.
gts167

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05/30/2023 12:02 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Earnings and “values” don’t matter so much anymore.

Markets look forward, at least 12 months.

Think of where Nvidia could be in 12-18 months time in terms of AI, especially when the money printer gets turned back on. Which it kinda just did. It’s not spinning yet, but they’re warming it up :)

Look up Raoul Pal on youtube, he’s not the only one talking liquidity means everything, but he explains it best.
BrainGuy:Violated Posting Rule
Don't bother learning to code

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05/30/2023 12:03 PM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value


^this

They haven't been taken over by China yet.
Declination, Right Ascension, and Distance - DRADIS
---------------
Israel is as much a victim of the Israeli government (Kzaaahr)
as America is the victim of the American Federal government
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Anonymous Coward
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05/30/2023 12:06 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Yet NVIDIA can't make a workstation class graphics subsystem that fits in 1 slot, 16GB frame buffer and consumes less than 60 watts that renders a 4K hour long video in 20 minutes with Davinci Resolve. Blah!
Anonymous Coward
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05/30/2023 12:12 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
They have crypto and no miners to thank for most of the fake growth
 Quoting: Anonymous Coward 36547891


THEY MAKE THE DISPLAY FOR TESLA

ALL GOVERNMENT MONEY

CORRECTION OUR MONEY

EACH OF US SHOULD GET A FREE TESLA

FOR ALL THE MONEY OBAMA GAVE ELON
Anonymous Coward
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05/30/2023 12:19 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
No thanks...I'll take AMD any day.
 Quoting: Anonymous Coward 83283176

nvidia still have the edge in gfx/ai, for now anyways
sorrow'sTear

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05/30/2023 12:20 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
The PC platform has been declared dead everybody, as a trend and a market it is finished.
This is why AMD does not care to slaughter the consumer or professional novidea add in card business. AMD already has consoles, will dominate new laptops for this holiday season, and Intel cannot keep up in servers.

Nvidea's only strategy left is marketing. Meaning designing chips before anyone wants them, and cheaping out on the bill of materials.
Nvidea was so lucky Nintendo did so with the switch for their unsellable stockpiles of garbage chips. The switch is also certified dead by the numbers.
 Quoting: Anonymous Coward 77445341



Ya, not so much. Outside of consoles, high end desktop PCs are next in line to add high end video cards. What do you think the these AI generators are running on? I need at least a 3080 to run a local copy of stable diffusion at any useful speed. Several video editors are fully dependent on Nvidia Cuda technology. Those that know they need Nvidia just know without being marketed to.
Anonymous Coward
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05/30/2023 12:53 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
The PC platform has been declared dead everybody, as a trend and a market it is finished.
This is why AMD does not care to slaughter the consumer or professional novidea add in card business. AMD already has consoles, will dominate new laptops for this holiday season, and Intel cannot keep up in servers.

Nvidea's only strategy left is marketing. Meaning designing chips before anyone wants them, and cheaping out on the bill of materials.
Nvidea was so lucky Nintendo did so with the switch for their unsellable stockpiles of garbage chips. The switch is also certified dead by the numbers.
 Quoting: Anonymous Coward 77445341



Ya, not so much. Outside of consoles, high end desktop PCs are next in line to add high end video cards. What do you think the these AI generators are running on? I need at least a 3080 to run a local copy of stable diffusion at any useful speed. Several video editors are fully dependent on Nvidia Cuda technology. Those that know they need Nvidia just know without being marketed to.
 Quoting: sorrow'sTear


My AMD card runs stable diffusion and other AI models just fine.

It also runs DaVinci resolve just fine.

You don't need Nvidia, you've been brainwashed to think you do.
Patriot_In_Waiting

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05/30/2023 01:06 PM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
and first chipmaker to reach this valuation
 Quoting: TheBaker


I can understand…with inflation.
The company is probably worth $5 Billion…
But numbers are all made up now….my net worth is a quadrillion dollars
From learning skills about percentages from Joe Biden.
Patriot_In_Waiting

My name is patriot_in_waiting and I'm a GLPTARD

If we get caught.....I'm deaf, and you don't speak English
sorrow'sTear

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05/30/2023 01:48 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
The PC platform has been declared dead everybody, as a trend and a market it is finished.
This is why AMD does not care to slaughter the consumer or professional novidea add in card business. AMD already has consoles, will dominate new laptops for this holiday season, and Intel cannot keep up in servers.

Nvidea's only strategy left is marketing. Meaning designing chips before anyone wants them, and cheaping out on the bill of materials.
Nvidea was so lucky Nintendo did so with the switch for their unsellable stockpiles of garbage chips. The switch is also certified dead by the numbers.
 Quoting: Anonymous Coward 77445341



Ya, not so much. Outside of consoles, high end desktop PCs are next in line to add high end video cards. What do you think the these AI generators are running on? I need at least a 3080 to run a local copy of stable diffusion at any useful speed. Several video editors are fully dependent on Nvidia Cuda technology. Those that know they need Nvidia just know without being marketed to.
 Quoting: sorrow'sTear


My AMD card runs stable diffusion and other AI models just fine.

It also runs DaVinci resolve just fine.

You don't need Nvidia, you've been brainwashed to think you do.
 Quoting: Anonymous Coward 79428684


I don't have anything against Nvidia. Have you compared running DaVinci between AMD and Nvidia? I tried DaVinci, it ran like ass, I read about how DaVinci works and how I could improve it's performance, and found it was designed around Cuda Cores. Is that brainwashing or is that RTFM and use the software as is was designed?

Seems that Stable Diffusion doco also prefers Cuda.
Jannicke

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05/30/2023 01:48 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
I have a 3060 and Im happy with it, plays all games on ultra. Im an old lady and I build my own pcs.
I like AMD as well, but went with Nvdia this time.
Anonymous Coward
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United Kingdom
05/30/2023 01:55 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
The PC platform has been declared dead everybody, as a trend and a market it is finished.
This is why AMD does not care to slaughter the consumer or professional novidea add in card business. AMD already has consoles, will dominate new laptops for this holiday season, and Intel cannot keep up in servers.

Nvidea's only strategy left is marketing. Meaning designing chips before anyone wants them, and cheaping out on the bill of materials.
Nvidea was so lucky Nintendo did so with the switch for their unsellable stockpiles of garbage chips. The switch is also certified dead by the numbers.
 Quoting: Anonymous Coward 77445341



Ya, not so much. Outside of consoles, high end desktop PCs are next in line to add high end video cards. What do you think the these AI generators are running on? I need at least a 3080 to run a local copy of stable diffusion at any useful speed. Several video editors are fully dependent on Nvidia Cuda technology. Those that know they need Nvidia just know without being marketed to.
 Quoting: sorrow'sTear


My AMD card runs stable diffusion and other AI models just fine.

It also runs DaVinci resolve just fine.

You don't need Nvidia, you've been brainwashed to think you do.
 Quoting: Anonymous Coward 79428684


I don't have anything against Nvidia. Have you compared running DaVinci between AMD and Nvidia? I tried DaVinci, it ran like ass, I read about how DaVinci works and how I could improve it's performance, and found it was designed around Cuda Cores. Is that brainwashing or is that RTFM and use the software as is was designed?

Seems that Stable Diffusion doco also prefers Cuda.
 Quoting: sorrow'sTear


Well as I just said, my AMD card runs both of those things just fine.

So you probably don't know what you're doing and are brainwashed.
sorrow'sTear

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05/30/2023 02:02 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
...



Ya, not so much. Outside of consoles, high end desktop PCs are next in line to add high end video cards. What do you think the these AI generators are running on? I need at least a 3080 to run a local copy of stable diffusion at any useful speed. Several video editors are fully dependent on Nvidia Cuda technology. Those that know they need Nvidia just know without being marketed to.
 Quoting: sorrow'sTear


My AMD card runs stable diffusion and other AI models just fine.

It also runs DaVinci resolve just fine.

You don't need Nvidia, you've been brainwashed to think you do.
 Quoting: Anonymous Coward 79428684


I don't have anything against Nvidia. Have you compared running DaVinci between AMD and Nvidia? I tried DaVinci, it ran like ass, I read about how DaVinci works and how I could improve it's performance, and found it was designed around Cuda Cores. Is that brainwashing or is that RTFM and use the software as is was designed?

Seems that Stable Diffusion doco also prefers Cuda.
 Quoting: sorrow'sTear


Well as I just said, my AMD card runs both of those things just fine.

So you probably don't know what you're doing and are brainwashed.
 Quoting: Anonymous Coward 79428684


I knew that was coming. I can smell the ACs that just want to argue from a mile away.

Last Edited by sorrow'sTear on 05/30/2023 02:03 PM
CigarTigher

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05/30/2023 02:20 PM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Glad I got my Nvida! I want more. Will buy a couple of more when I can afford it.
Anonymous Coward
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05/30/2023 02:22 PM
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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
Pump and dump?
 Quoting: Anonymous Coward 74509537


No.

Nvidia has a new chip and it works!!?

$33,000 each!
CigarTigher

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05/30/2023 02:24 PM

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Re: Nvidia becomes the 9th stock ever to top $1 trillion in market value
I have a 3060 and Im happy with it, plays all games on ultra. Im an old lady and I build my own pcs.
I like AMD as well, but went with Nvdia this time.
 Quoting: Jannicke


I have a 3070. I reaally want a 3090. What games do you play?





GLP