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Nvidia announces financial results for first quarter fiscal 2025
231–240 of 367 posts
Re: Nvidia announces financial results for first quarter fiscal 2025
#232Earlier quoted context omitted.
True. But another piece of knowledge about Nvidia is its competitors are waaaaaaaaay behind. They stand peerless. Another piece of information is that CUDA software was provide free or cheaply to Universities doing LLM research I think. And the software is easy to use.
> its competitors are waaaaaaaaay behind. They stand peerless. Its competitors are only way behind when it comes to software support. The hardware coming out of Intel and amd is, especially for its price, very capable. Given how much money is being invested in AI right now, I don’t see Nvidia’s moat lasting more than a few more years.
Isn’t that like saying Apple’s iPads will only maintain a moat for a few more years because MS Surface tablets match in hardware and “only” lag in software? My general point is that the core software (and the software ecosystem built around it) is half of the product. NVIDIA isn’t going to stand still either.
Re: Nvidia announces financial results for first quarter fiscal 2025
#233Earlier quoted context omitted.
Intel could get lucky like Nvidia if Intel doesn't buy back stock and instead spends money on R&D. edit: "Intel CEO Pat Gelsinger raised a few eyebrows by attributing Nvidia's current dominance of the AI market to luck" - https://www.extremetech.com/computing/nvidia-engineer-respon... .
Nvidia is fabless. What Intel really needs to do is get competitive with TSMC. Gelsinger started the process instantly when he became the CEO, but it takes time.
It takes years to build a new fab. The market has no patience for that.
Intel is the cheapest tech company by a huge margin if look at book value.
Those fabs are expensive, but even if nobody wants Intel processors anymore, they could even manufacture Ryzen's.
The downside is that it takes 3-5 years to make profit on a fab, it's easier to be NVidia in that sense, but I wonder if it's sustainable in the long run.
Re: Nvidia announces financial results for first quarter fiscal 2025
#234Earlier quoted context omitted.
I don’t get the whole P/E thing. Do people basically say we shouldn’t bother buying anything with a crazy P/E more than 20? Despite the fact that these high P/E companies are now making people lots of money? Wtf?
A company with a high P/E is by definition not making much money for its shareholders, relative to the size of their investment. Unless you mean that the share price may appreciate. That's absolutely a thing, but it's a dangerous game. Of course plenty of people have made fortunes this way; people have also lost fortunes; I think the advice to steer away from such companies is basically a statement about risk.
> Unless you mean that the share price may appreciate.
this has already happened because the P/E is high! Betting that it will continue to grow in price (aka, reach an even higher P/E) is risky.
Re: Nvidia announces financial results for first quarter fiscal 2025
#235Earlier quoted context omitted.
On the other hand, my uncle lost a fortune investing in a wireless networking company in the 00s. He has worked an entire career in networking and has contributed to bleeding edge systems in the area. This company had excellent tech, but ultimately didn't succeed. A lifetime of savings kaput. nvidia's p/e is also insanely high. "Wow they sure sell a shitload of product" isn't necessarily enough to justify the price.…
I don’t get the whole P/E thing. Do people basically say we shouldn’t bother buying anything with a crazy P/E more than 20? Despite the fact that these high P/E companies are now making people lots of money? Wtf?
It's more that a high P/E means that the company itself needs to make a lot more money for the long-term shareholders to not be holding an investment that doesn't pay off in the end. You can still make plenty of money speculating on it as it's going up (so long as you sell), or short-selling it as it's going down, but generally speaking it's a sign that the business is being valued the assumption that it will grow by a lot, which is riskier (for example, Tesla's valuation more or less requires that they eventually monopolise the car market or enter and dominate some similarly large market. You can make an assessment yourself as to whether that's likely to happen if you want to make a prediction for how Tesla's value is likely to change over the long term).
Re: Nvidia announces financial results for first quarter fiscal 2025
#236Earlier quoted context omitted.
Not insider trading from SEC. You can absolutely use material non-public information your own company collects. The entire short selling industry is based on this. It might be a violation of your company’s policy, but unless your company has been given explicit access to material non-public info of nvidia (e.g. you work for their accounting firm), there is no SEC risk here.
NEVER assume that information learned because of your job is shielded from insider trading, even for a completely different company. From ten years ago, here are two data analysts from Capital One who thought they could use the data from credit card transactions to jump the gun on quarterly earnings reports for retail stores. Never traded Capital One stock. Didn't matter - SEC hammered them. https://www.sec.gov/litig…
I usually side with the SEC, but this is so devoid of information in a way.
Should the SEC come after someone then, if they stood outside major retail outlets across a city, surveyed buyers, and made profitable buying schemes that way?
How about analyzing satellite images of warehouse shipments? (which is a thing that is being done today)
Not everyone has access to either of those things, yet as far as I am aware, the SEC does not consider that illegal.
Why would aggregating credit card transactions be any different, honestly? Capital One already uses that information to direct its own business, much the same way.
I wish this SEC would have made it clear why this was a problem.
Re: Nvidia announces financial results for first quarter fiscal 2025
#237Earlier quoted context omitted.
I don’t get the whole P/E thing. Do people basically say we shouldn’t bother buying anything with a crazy P/E more than 20? Despite the fact that these high P/E companies are now making people lots of money? Wtf?
Some people care about PE. Some people don’t. It’s just one metric that represents past performance. If it’s high, the market believes the stock price will go up.
No, P/E being high means the stock market thinks the company's income will grow by a lot in the future. The price may go up or down as those expectations for the future change (a high P/E stock can announce record profits and have the stock go down, if in fact the stock was being priced on the expectation that the profits would be higher than announced).
Re: Nvidia announces financial results for first quarter fiscal 2025
#238Earlier quoted context omitted.
Not convinced Intel can turn this around. Both on server and consumer side they've been losing share to AMD for like 7 years straight...cross generations, cross platform...just everywhere with amazing consistency. And if half of the AMD roadmaps/rumours are true then the next couple years will be worse. ...so yeah some casual R&D isn't gonna cut it...they need to pull a rabbit out of a hat urgently.
Of course, AMD needed to pull a bigger rabbit out of a smaller and more decrepit hat before Ryzen.
Indeed. The fact that we all remember that as a remarkable feat shows just how dicey things are for intel.
It’s good that there is precedent proving it can be done, but duplicating it is another matter
Re: Nvidia announces financial results for first quarter fiscal 2025
#239Earlier quoted context omitted.
Not convinced Intel can turn this around. Both on server and consumer side they've been losing share to AMD for like 7 years straight...cross generations, cross platform...just everywhere with amazing consistency. And if half of the AMD roadmaps/rumours are true then the next couple years will be worse. ...so yeah some casual R&D isn't gonna cut it...they need to pull a rabbit out of a hat urgently.
Intels roadmap isnt so bad either. Its just about whether they can deliver
Yeah they’ll be sorta ok. I just wouldn’t put any money into what smells of decline to me
Re: Nvidia announces financial results for first quarter fiscal 2025
#240This stock is a great example of invest in stocks where you have strong knowledge. I saw pallets of h100s shipping that were worth 100s of millions each pallet (each card is $40k and you can fit a lot on a pallet) as someone working for a company buying these and knowing that many other companies were doing the same (we have 12+ months of back orders with nvidia alone). I invested last year at ~$250 when redditors we…
Curious if you've closed out your position yet? The tricky thing about the market is both entering and exiting at the correct time. I have strong knowledge of this is space and don't invest in it exactly for that reason. LLMs are great, but the hype is greater, and I personally don't want to have my income and my investments correlated. NVIDIA may be selling a lot, but their P/E ratio is nearly 80, so that price isn'…
Yeah buying NVDA right _now_ could be the equivalent of buying TSLA at $400.
Since literally everyone and their dog now knows AI is the next big thing and NVDA is selling all the shovels to the miners, the contrarian in me (don't believe reddit OR HN) suggests its a good time to stay away.
There should be growth stocks buried in the Russell 5000 somewhere that would be much better bets at this point.