Shows whether ‘AI’ is profitable yet or not by listing several companies which are related to, or primarily deal in hardware and software around ‘AI’ and showing their profits and losses.
Shows whether ‘AI’ is profitable yet or not by listing several companies which are related to, or primarily deal in hardware and software around ‘AI’ and showing their profits and losses.
Unless you’re Nvidia, in which case its only profitable because companies have 100’s of billions of dollars worth of GPUs sitting in warehouses uninstalled and therefore not actually being used for AI.
GPUs that Nvidia gave them the money to buy, as an investment.
When the shovel seller starts giving away all his shovels to the miners, he takes on all the same risks. Those GPUs will be worthless when those companies go belly up, and so will Nvidia’s ownership stakes.
That’s why Nvidia are doing a $235b stock byback.
Yup.