I got a vision x LLM model running locally today, in addition to the voice recognition and voice activity detector and embeddings already done. It's astonishingly good and can run on phones released last 2 years. Told my friend it's finally time to buy NVDA puts, they'll pay (someday)
Nvidia is now more valuable than Amazon and Google
21–30 of 379 posts
Re: Nvidia is now more valuable than Amazon and Google
#22It seems deeply overvalued to me, as it's pretty likely that NVIDIA's competitors will have parallel computation hardware that competes well enough. I'm personally not a fan of NVIDIA's drivers or the reliability of their hardware.
> I'm personally not a fan of NVIDIA's drivers or the reliability of their hardware. As compared to AMD or Intel? I wish there was real competition to Nvidia but there isn't. I'm not a fan of their defacto monopoly but they do have the best product on the market and their competition has been asleep for 10 years. AMD and Intel barely knew what deep learning was 10 years ago (and certainly did not appreciate the oppor…
> Nvidia was already investing heavily
that sounds very interesting, can you link/share/describe some details on it? how much did they invest? how? into CUDA? what else?
Re: Nvidia is now more valuable than Amazon and Google
#23Somehow I wish it weren't true because I hate monopolies in any markets. Nvidia has been enjoying their absurd premium on consumer and production GPUs and intentionally removed the NVLink capability in the GeForce 4090 series (3090 had them) to avoid cannibalizing their A100 and H100 business. With NVLink, people could chain multiple GPUs and increase the overall VRAM without much reduction in bandwidth. But without…
I understand the sentiment.
But the only reason you're mad at Nvidia is because they made something desirable (a GPU that does NN training) but didn't do it in the way you prefer (NVLink, Linux compatibility etc).
It's not their fault AMD and others have been asleep at the wheel and handed them the whole market for free. Any company with a monopoly on the hot new thing would try to capitalize on it.
When the other GPU makers eventually catch a wakeup, the situation will finally improve.
Re: Nvidia is now more valuable than Amazon and Google
#24Insanity. How much of their success/future hinges on TSMC's continued success/future? Kudos to them but the risk makes me uneasy.
[dead]
Re: Nvidia is now more valuable than Amazon and Google
#25And with a P/E ratio of 95, versus 25 and 59 for Google and Amazon, respectively!
Trailing or forward earnings?
Re: Nvidia is now more valuable than Amazon and Google
#26Earlier quoted context omitted.
Not having done any GPU programming...is most of the code out there tied to the Nvidia architecture? I mean, if AMD or somebody else builds a better mousetrap, how much work would it be to switch?
Most of the AI and ML related programming uses frameworks that abstract away what brand of GPU you are using. They could care less whether it is nvidia or AMD.
This is true for making things just work, however to really squeeze performance out of a GPU, you need to go lower level and that is tied to the architecture.
Re: Nvidia is now more valuable than Amazon and Google
#27Hmm, AMD is worth 55B, and somehow almost keeping up. I'd consider that a success. I do think it's a bit sad they have basically no representation in the AI market though. Whenever it's about AI it's Nvidia all the way.
Re: Nvidia is now more valuable than Amazon and Google
#28Somehow I wish it weren't true because I hate monopolies in any markets. Nvidia has been enjoying their absurd premium on consumer and production GPUs and intentionally removed the NVLink capability in the GeForce 4090 series (3090 had them) to avoid cannibalizing their A100 and H100 business. With NVLink, people could chain multiple GPUs and increase the overall VRAM without much reduction in bandwidth. But without…
I understand the sentiment. But the only reason you're mad at Nvidia is because they made something desirable (a GPU that does NN training) but didn't do it in the way you prefer (NVLink, Linux compatibility etc). It's not their fault AMD and others have been asleep at the wheel and handed them the whole market for free. Any company with a monopoly on the hot new thing would try to capitalize on it. When the other GP…
AMD has figured it out and is in the process of catching up. It won't happen over night though.
Re: Nvidia is now more valuable than Amazon and Google
#29It seems deeply overvalued to me, as it's pretty likely that NVIDIA's competitors will have parallel computation hardware that competes well enough. I'm personally not a fan of NVIDIA's drivers or the reliability of their hardware.
Their biggest competitor in the GPU space is AMD who have spent years chasing deadlock issues that won't stay fixed, playing whackamole, in between trying to do actual driver development. Following the amdgpu mailing list is not fun.
Re: Nvidia is now more valuable than Amazon and Google
#30Nvidia has seen a fantastic, geometric increase in profit [1]. This is exactly the kind of thing growth investors hope for.
However, their PE ratio is currently 93. This is the kind of PE growth investors buy at, hoping for geometric earnings growth to kick in, not the situation after such growth has taken place.
Which means they'll have to keep 2x-ing that profit for a long time to come.
It could be doable but I don't see it. Even if they completely absorb Intel and AMD's market share, it doesn't make sense.