this post was submitted on 24 Nov 2023
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Here comes the push.

top 28 comments
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[–] cyborganism@lemmy.ca 74 points 11 months ago (1 children)

LOL! To "make it safer".

No.

It's to increase share value by creating a rush to buy their graphics cards.

[–] Eldritch@lemmy.world 2 points 11 months ago

Help help! Crypto never took off! Won't someone think of our bottom line!

[–] devbo@lemmy.world 37 points 11 months ago (2 children)

why do CEOs never say "lets take our time to avoid making mistakes and insure quality"?

[–] nicetriangle@kbin.social 16 points 11 months ago

Capitalism big number must go up every quarter bullshit. Forces myopic short term decision making and will probably be the death of civilization.

[–] Centillionaire@kbin.social 2 points 11 months ago

Because they are not Miyamoto, helping churn out Zelda and Mario games that feel familiar, yet innovative. 🤌🏻

[–] aelwero@lemmy.world 32 points 11 months ago (2 children)

That's like saying we should all drive faster to help identify shortcomings in traffic signals or vehicle safety features...

Sounds like a flimsy ass false pretense to chase profits. Just my opinion, mind, but that doesn't sound like something someone would posit at face value.

[–] stifle867@programming.dev 13 points 11 months ago

What's silicon valley's favourite saying? Move fast and..make things safer? Close enough.

[–] eya@lemmy.dbzer0.com 0 points 11 months ago

we should all drive faster to help identify shortcomings in traffic signals or vehicle safety features

american traffic engineers in question

[–] eya@lemmy.dbzer0.com 29 points 11 months ago (1 children)

Company making billions of dollars wants to continue making billions of dollars.

[–] WallEx@feddit.de 6 points 11 months ago

Wow, so surprising

[–] the_q@lemmy.world 18 points 11 months ago

Oh is that why? It's not because Nvidia is making bank in the AI sector and he's just another greedy CEO?

[–] drdabbles@lemmy.world 13 points 11 months ago (1 children)

"Please buy more of my hardware so nobody finds out how deep in trouble my company is. PLEASE."

[–] UndercoverUlrikHD@programming.dev 8 points 11 months ago (1 children)

Why do you think Nvidia is in trouble?

[–] drdabbles@lemmy.world 1 points 11 months ago (1 children)

Their "investments" in their largest customers are showing up as sales volume when they're essentially giving products away. This coming year has four major companies coming to market with deadly serious competition, and the magic money investment in AI scams is drying up very quickly. So, if I was nvidia, doing what Jensen has been up to with the CEO-to-CEO customer meetings to arrange delivery timelines, and royally screwing over his most reliable channel partners, I'd hope with everything I have that the customers I have keep buying needlessly so the bubble never bursts.

[–] ZahzenEclipse@kbin.social 2 points 11 months ago (1 children)

Is this speculation or do you have proof they are giving products away to inflate a bubble?

[–] drdabbles@lemmy.world 0 points 11 months ago (1 children)

There's several write-ups covering it all.

[–] ZahzenEclipse@kbin.social 1 points 11 months ago* (last edited 11 months ago)

Which one would you suggest to review?

[–] DemBoSain@midwest.social 9 points 11 months ago (1 children)

Wait, is the crypto-boom over? I wasn't paying attention...

[–] li10@feddit.uk 5 points 11 months ago

I guess we’re just waiting until something awful happens before it’s properly regulated.

Not surprising.

[–] spudwart@spudwart.com 1 points 11 months ago (1 children)

Nvidia has pissed off the pc gaming industry, which is why their focus has shifted to the server markets.

Now in the server markets they're not top dog, so they want to straddle the fence.

This divided focus will be their undoing.

[–] misk@sopuli.xyz 1 points 11 months ago (1 children)

Nvidia is top dog in machine learning accelerator / server market which is why they have neglected GPU market. They just want more.

[–] spudwart@spudwart.com 1 points 11 months ago (1 children)

If their winning position was truly "top dog" they wouldn't be shivering, shaking and pissing themselves begging for people to purchase their crap using insane lines like "The more you buy the more you save."

This is total and complete panic.

[–] misk@sopuli.xyz 1 points 11 months ago (1 children)

They do not appear to be in any trouble:

[–] spudwart@spudwart.com 1 points 11 months ago (1 children)

This is precisely why they're panicked. They've just had record stock numbers, record income, record everything. This system depends on constant growth. They need to keep that growth going or the shareholders will pull out, and it will cause their stock to crash.

This all built up just like the Crypto-Rush of 2020-2021. Which you can see in the chart. It went up, peaked, and then dropped when crypto crashed. They're betting big on AI, when it turns out AI isn't as profitable as they thought it would be, it will crash also.

[–] misk@sopuli.xyz 1 points 11 months ago (1 children)

You seem to change narrative / move goalposts with every response.

Nvidia is okay, nobody expects another 1000% stock price increase. Crypto mania is a faint memory when looking at the profits from ML. They can't keep up with demand to the point of partially dropping some market segments. Their customers will keep gobbling up hardware for foreseeable future because there are legitimate uses for it and data scientists / engineers will keep processing larger and larger datasets.

If anything, they're likely scared of competition from big tech players doing custom chips. Amazon, Google, Microsoft all sell cloud computing resources and already do own sillicon design. They're definitely looking to have piece of that "AI" pie too.

Nvidia puts out sleazy statements like the one I've linked to nudge regulators to make that pie even bigger.

[–] spudwart@spudwart.com 1 points 11 months ago* (last edited 11 months ago) (1 children)

A top dog position is a slow & steady growth or consistent government backing. Sharp growths like they have been having consistently lead to crashes. They don't need to even have a loss, they just need to under-perform for their next quarterly projections.

My pointing out cryptomania was not for the fact that Crypto is why they failed. It's that Crypto gave them market boost, followed by a crash when crypto began to crash. This crash wasn't explicitly because crypto crashed, it was because their projects weren't met as a result of crypto's crash. Crypto doesn't need to be involved for their projections to falter. They can be ahead, and be winning the game today. But that doesn't make them Top dog. Top dog is stable, top dog doesn't sit at the precipice of another crash.

Their entire system is built upon pump & dump style investments as a result of the crypto era. They chase quick and easy money. But every time it results in a steep crash afterward. This will be their undoing because this will hurt their reputation, as it already has. The quest for more money, comes at the expense of everything else.

Top dog doesn't need to worry about reputation in the long run, because they'll maintain their place in the long run. An aware front runner will make note of their position and act accordingly. Nvidia is a front runner, planning like a top dog, acting like a top dog.

They are panicked, because they're not Microsoft, Google, Amazon, IBM or Oracle. They don't have a decades long presence in the economy that if they go under, everyone goes down with them.

These top dogs don't even need to worry about their stocks because they will get bailed out. Nvidia is banking on the idea that they're just as needed. But if they really were just as needed, they wouldn't have to peacock or nudge. They'd just have to threaten that they're going to go under, and governments would panic in fear of an economic collapse.

This is a gamble, and one they will lose. Their decision to divide their position and go after lottery tickets, both in the stock market and in regulations will be their undoing.

If they were needed, they wouldn't have any need to look needed.

[–] misk@sopuli.xyz 0 points 11 months ago