jeffw@lemmy.worldM to News@lemmy.world · 5 months agoNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.comexternal-linkmessage-square7fedilinkarrow-up1126arrow-down13
arrow-up1123arrow-down1external-linkNvidia hits $3tn and surpasses Apple as world’s second most valuable companywww.theguardian.comjeffw@lemmy.worldM to News@lemmy.world · 5 months agomessage-square7fedilink
minus-squareAlk@lemmy.worldlinkfedilinkEnglisharrow-up8·5 months agoCan someone explain why to a layman? Don’t they make graphics cards? I have one and it’s fine, but what else is making it so valuable?
minus-squarePantrygheist@programming.devlinkfedilinkarrow-up22·5 months agoWe are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
minus-squareAbidanYre@lemmy.worldlinkfedilinkEnglisharrow-up13·edit-25 months agoAnd that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
minus-square0110010001100010@lemmy.worldlinkfedilinkarrow-up6·5 months agoAI, graphics cards are very useful for that too. And right now like every company is going all-in on AI.
minus-squarepartial_accumen@lemmy.worldlinkfedilinkarrow-up5·5 months agoHigh end graphics cards by themselves are some of the best computers for creating and training AI.
minus-squareStarkstruck@lemmy.worldlinkfedilinkarrow-up2·5 months agoBasically their stuff is good for running AI, and investors are frothing at the mouth for anything with the word AI in it rn.
Can someone explain why to a layman? Don’t they make graphics cards? I have one and it’s fine, but what else is making it so valuable?
We are in an AI business explosion, they make the best hardware for those workloads and can charge whatever they want for them. Also this is not real value but investor value, so as long as the AI hype continues their value will keep increasing.
And that AI boom is following closely on the heels of a crypto boom that already had them pretty inflated.
AI, graphics cards are very useful for that too. And right now like every company is going all-in on AI.
High end graphics cards by themselves are some of the best computers for creating and training AI.
Basically their stuff is good for running AI, and investors are frothing at the mouth for anything with the word AI in it rn.