The companies capitalising on AI have already bought GPUs, consumers aren't spending thousands of dollars on new GPUs during high interest rates and crypto mining is dead.
Nvidia is not worth one trillion dollars
The companies capitalising on AI have already bought GPUs, consumers aren't spending thousands of dollars on new GPUs during high interest rates and crypto mining is dead.
The P/E of these companies is fucked up they are all massively overvalued.
Have the last 20 years taught you nothing? P/E is an irrelevant metric, only useful for post hoc analysis of bubbles i.e. total garbage
just short november/december
>keeps repeating the digital mechanical turk hype
Gtfo, really you drooling retards are the reason free speech on the internet needs to end
And yes, obviously Nvidia pump was an insider marketing driven hype pump and soon dump
>retard LULZgoer thinks company valuations are only based on potential physical product sales
No. It's a pyramid scheme. A pyramid scheme that relies on greater fool theories and cheap loans
>In the case of Cisco (CSCO) investors assigned a $450 billion valuation in 2000 on a company that earned $2 Billion in 1999 and $2.7 billion in 2000.
And if you look at Cisco now it has a marketcap of 230b and a enterprise valuation of 210b. Sounds like those assignations were, in fact, pretty accurate.
a $450B valuation was accurate in 2000 because the company is now valued at $230B?
A company's value and its market capitalization are different things.
market capitalization = what people pay for the stock
Has it ever occurred to you that, just maybe, you're completely wrong about Nvidia and other big tech and the metrics you use are hopelessly outdated?
*snap*
what people pay for the stock * all the stock ≠ company value
By your own logic Nvidia is, in fact, worth 1 trillion. Stock price is market driven, it has 'nothing' to do with the company's value.
what people pay for the stock * shares outstanding = market cap
>By your own logic Nvidia is, in fact, worth 1 trillion
by my logic it has a market cap of 1T, and therefore the people who bought it when its market cap was $10B for example were right even if the company is hopelessly overvalued intrinsically.
>Stock price is market driven, it has 'nothing' to do with the company's value.
now you get it
>by my logic it has a market cap of 1T
But I'm not talking about market cap and there's a reason I made a distinction in my mentions. Try to keep up.
how was the market "pretty accurate" in 2000 when they valued Cisco at a 95% higher market valuation compared to present?
The Cisco ceo was a big dick swinging in the telecoms industry and people were enjoying a new level of conference call was the level of exciting new tech discourse
Because they valued the company not the stock marketcap value. And it turns out that its marketcap and it's structural valuation as of today are *just* 10b apart.
I'm gonna go ahead and say that I'm not defending Nvidia because you strike me as an autist that has a problem with the company/stock and is mistakenly arguing nonsense. If that's the reason you are being this disingenuous (hopefully) then you can stop now.
>Because they valued the company not the stock marketcap value.
why are you pulling BS out of your arse?
https://www.fool.com/investing/2016/09/23/cisco-stock-history-what-investors-need-to-know.aspx
>At its peak in 2000, Cisco stock traded above $79 a share, for a market cap of $546 billion -- surpassing Microsoft as the world's most valuable company and inspiring estimates that it could surpass a $1 trillion valuation.
the company was grossly overvalued in 2000 by MARKET CAP. It was literally over twice as expensive a stock to buy in 2000 than it is today. How were the shareholders of 2000 "pretty accurate" in owning the stock back then when twenty-three years later the stock is still valued at half of its overvalued peak in 2000?
>why are you pulling BS out of your arse?
I'm not
>In the case of Cisco (CSCO) investors assigned a $450 billion valuation in 2000
It's what this person quoted so I went with it.
Company valuation are not given by their stock market share values (not exclusively, anyways).
>I didn't spew bullshit because I'm just retarded
ok retard. When "investors" or "the market", "assign value" to a stock, it's a complicated way of saying "market value" or "market cap"
hope this helps retard
>"assign value" to a stock
But that quote clearly mentions assigning the value to the company no its stock. Again, try to keep up please.
>spew bullshit
>dont check your facts
>get laughed at for being a stupid retard for it
>"t-try to k-keep up"
hopefully you learned something from this demeaning lesson retard
Concession accepted. Try to understand what you are reading next time and you won't embarrass yourself like this again. Thank you.
tech in general is still massively overvalued despite some stinkers getting flushed in the recent few years. If your company is valued such that it takes hundreds of years to meet its market value in equity, it is most assuredly overvalued.
Their largest customer is no longer gaymers and workstationfags, it's Microsoft and AI companies that need 100,000 high end GPUs each to train giant AI models
as per sam altman, the age of LLMs is over. The future is small tailored algos which don’t need that sort of computing power to train.
Yes I have a 10k 10x leverage nvidia short
this is financial advice
10x leverage short. How'd you pull that?
>Open broker account
>Wire money to broker
>Open shorts on leverage
>Don't get stop loss hunt
>Close at profits
>Profit
Kek game's have gone into the shit recently. That's the main reason why "remakes" are such a big deal now. Those are the only way to lure the puny sheep to blow on upgrades. The rub; a lot of cases said "remake" should be simply called a brand new game cause by the time the devs are done with fucking it up not much is left of the original.
short it. easiest money in a long time.
Holy fucking shit the amount of retarded retail bearishness on Nvidia and semi companies in general is all I need to confirm that buying even more is the right call. Yeah okay, a bunch of reactionary speculative asshats on the internet who short every spooky headline fed to them by market makers AKSHULLY have a leg up on the institutions who have been absolutely loading up on these companies since October of last year. Bunch of fucking clowns, you deserved to get heemed after shorting the bottom last year and you deserve it again on this next leg up. Lmao.
>It'z a pyramid scheme!
>Muh peepee ratios!!
>It'll take a hundred years to reach those valuations!!!
You guys hear how retarded your conspiracy theories are, right? It's fine, keep buying puts from Big Money
*snap*
The bullrun hasn't even begun
i still have not seen a readily available business based off of high gpu capabilities. as nvidia makes cards with 12,000 cuda cores and such and beyond, who gives a shit. if it runs shit at 4k 60 fps thats literally the end. no more need to develop further until gamers demand better hardware
I don't own any stocks but I work for a Fortune 20 and AI is changing everything in our company. It's being applied everywhere and many of the use cases are providing real business value. We're desperate for more GPUs and I don't see that slowing down any time soon. It's like early days of Bitcoin mining in that it's profitable to throw as much hardware at the problem as possible. This is not investment advice but I would keep buying until every fast food drive through has an LLM taking the order.
Nvidia is creating artificial demand using their partnership with Coreweave to look like they have increased demand with AI. If you were to look at NVIDIA's Q2 earnings beat corresponds to the debt issued to CoreWeave.
Hmmm totally not suspicious and shady business practice that won't backfire on them like FTX
>pwease sell me nvidia on discount!!! i missed the boat guise :((
it is my conclusion that everyone on LULZ has severe, debilitating autism
AI hype train ended when normies realized its just an expensive version of lmgtfy.com
You're not wrong. It won't be worth 10 trillion dollars either, but I'd bet in a few years it'll be trading at that price regardless.
The AI ecosystem today is what the smart ecosystem was at the late 00s, early 2010s when all the big startups we know today came to being. Any company that capitalizes on it is a guaranteed 100x by the end of this decade.
>Nvidia is not worth one trillion dollars
You're right. It's worth three trillion dollars
mining isn't dead, there are plenty of new bitcoin like chains to main which could be worth something useful
Nvidia is deader than dead. Demand for rendering is dead, demand for gpu mining has been dead for 3 years and demand for mechanical turking doesn't exist
>consumers aren't spending thousands of dollars on new GPUs
wouldn't be so sure about that one