this post was submitted on 17 Jun 2026
93 points (97.9% liked)
Funny
15322 readers
788 users here now
General rules:
- Be kind.
- All posts must make an attempt to be funny.
- Obey the general sh.itjust.works instance rules.
- No politics or political figures. There are plenty of other politics communities to choose from.
- Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.
Exceptions may be made at the discretion of the mods.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's profitable for NVidia, because they're not actually doing anything with it, they're just selling all the hardware that everyone else needs.
The only ones guaranteed to make money in a Gold Rush are the ones selling shovels.
That said, NVIDIA made the mistake of lending money and/or investing directly in the ones doing the "gold mining", so now they're heavilly exposed to the side of things that loses a lot of money when it turns out that it was all Fools' Gold.
When it comes to manias, some things are always the same.
Yes that was the joke
Jensen seems to be concerned though about the bubble bursting. he probabl wont see immediate effect, but since he switched to mostly AI chip production/design, he will likely lose alot once it hits.
They kinda do, with their own models for upscaling and stuff integrated into videocard drivers, and it's not cheap or easy, but it's peanuts compared to what AI companies spend.