It’s truly impressive how they manage to find another infinte money glitch every few years, each one with more exploding demand and even more scaled up products.
snippet:
Getting into business unit specifics, Nvidia’s Data Center group chalked-up $14.5 billion in revenue for the quarter, resulting in a 41% sequential gain and a massive 279% quarter on quarter lift over the same period last year. Nvidia’s Data Center business is also likely its highest margin business, where the company’s GPU accelerator technology has become the de facto standard for AI workload processing. ““Our strong growth reflects the broad industry platform transition from general-purpose to accelerated computing and generative AI,” noted Jensen Huang, founder and CEO of Nvidia. “Large language model startups, consumer internet companies and global cloud service providers were the first movers, and the next waves are starting to build. Nations and regional CSPs are investing in AI clouds to serve local demand, enterprise software companies are adding AI copilots and assistants to their platforms, and enterprises are creating custom AI to automate the world’s largest industries.”
I do wonder when the AI bubble is gonna burst. Certainly it can’t be this popular forever, right?
Remember 4y ago, when 5G was the next big thing?
Self-driving cars thanks to 5G?
Every industry will be transformed and every single production line will have a 5G campus network.
We will only stream games over 5G!
5G was so frigging important, we needed to ban Huawei from building cell towers because otherwise, they could shut down our whole economy because our whole economy depends on 5G?
Well, that turned out to be a hype. Of course, it did not go away, just like AI will not go away. But it will have a completely different focus, than what most think now. I see a bigger future for AI in girlfriend simulators or user preference adult movies than in replacing STEM jobs.
I mean the average cost of a 4090 is now $2000 USD so rather than products depreciating, the brand adds further value to itself while further expanding profits.