What’s baffling about all this is both AMD and Intel have competing offerings and those offerings see next to no traction in spite of being much more attractive from the cost standpoint. I understand why they aren’t taking off on the training side: fragmentation is very counterproductive there. But why not deploy them in large quantities for inference at least? The effort of porting transformer based models is trivia…
The question is what is the performance per watt of AMD's and Intel's products. My guess is both have significantly worse performance per watt. Energy and cooling are huge data center expenses and paying less for a product which requires more energy and cool is not a good idea because it costs more.
Nvidia announces financial results for first quarter fiscal 2025
311–320 of 367 posts
Re: Nvidia announces financial results for first quarter fiscal 2025
#312This 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…
"I had a great luck company called Hanes. They test marketed a product called L'Eggs in Boston and I think in Columbus, Ohio, maybe three or four markets. And Carolyn, ah, brought this product home and she was buying and she said, "It's great." And she almost got a black belt in shopping. She's a very good shopper. If we hadn't had these three kids, she now -- when Beth finally goes off to college, I think we'll be able to resume her training. But she's a very good shopper and she would buy these things. She said, "They're really great."
And I did a little bit of research. I found out the average woman goes to the supermarket or a drugstore once a week. And they go a woman's specialty store or department store once every six weeks. And all the good hosiery, all the good pantyhose is being sold in department stores. They were selling junk in the supermarkets. They were selling junk in the drugstores. So this company came up with a product. They rack-jobbed it, they had all the sizes, all the fits, a down they never advertised price. They just advertised "This fits. You'll enjoy it." And it was a huge success and it became my biggest position and I always worried somebody'd come out with a competitive product, and about a year-and-a-half they were on the market another large company called Kaiser-Roth came out with a product called No Nonsense.
They put it right next to L'eggs in the supermarket, right next to L'eggs in the drugstore. I said, "Wow, I gotta figure this one out." So I remember buying -- I bought 48 different pairs at the supermarket, colors, shapes, and sizes. They must have wondered what kind of house I had at home when I got to the register. They just let me buy it. So I brought it into the office. I gave it to everybody. I said, "Try this out and come back and see what's the story with No Nonsense." And people came back to me in a couple weeks and said, "It's not as good." That's what fundamental research is. So I held onto Hanes and it was a huge stock and it was bought out by Consolidated Foods, which is now called Sara Lee, and it's been a great division of that company. It might have been a thirty bagger instead of a ten bagger, if it hadn't been bought out."
https://www.pbs.org/wgbh/pages/frontline/shows/betting/pros/...
He talks about this more in One Up On Wallstreet about how an observant retail investor who goes to the supermarket or department store or fast food chains, or in your example a loading dock, every week is actually more in touch with what's happening in some businesses than some institutional investors.
The service here has really gone down over the years, product sucks everyone is switching to the competitor, friends can't stop raving about this new product.
I don't know how well that advice holds up in today's market but it's a fun idea, maybe just for the play-money account.
Re: Nvidia announces financial results for first quarter fiscal 2025
#313Earlier quoted context omitted.
>> There are highly profitable companies that nevertheless see their stock price turn around. This happened with a local sports drink maker. It was branded for kids, more healthy, less sugar then Gatorade and energy drinks. Company took off, went public, stock went through the roof for about two years. Blue skies, everything coming up roses, lots of articles in the local business mags and websites. Then their supply…
Nvidia has been around for along time.
Re: Nvidia announces financial results for first quarter fiscal 2025
#314I am immensely surprised by all the speculation in comments. NVIDIA simply hit a lucky streak. They rode out the crypto fad from last decade and happens to fall on the AI fad of this decade. If it continues, competitors will eventually catch up as regardless of how slow the behemoths are currently, if something transforms into a stable gold mine instead of random lucky streak, other competitors will start offering ch…
Re: Nvidia announces financial results for first quarter fiscal 2025
#315Earlier 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.…
The vast majority of financial issues would be prevented simply by following Buffett's advice to not lose money. It's tongue in cheek, but he's correct. Suppose you have a great idea for investing. It doesn't matter how good it is... don't put your life savings into it. If you do this you will make money. Investing is mostly about not losing money.
Re: Nvidia announces financial results for first quarter fiscal 2025
#316Earlier quoted context omitted.
> 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.
If I can save 20% of my data center costs and cut a price-gouging vendor while bringing the solution in-house at a big tech org I am a hero.
Consumers won’t buy a Surface because Microsoft isn’t cool.
Re: Nvidia announces financial results for first quarter fiscal 2025
#317Earlier quoted context omitted.
Thanks for your pedantic contribution. I obviously mean you can’t buy them on a small account. You can by a fraction of an NVDA share with $200 but you can’t buy a call option
aaaand? why should you be able to? get a bigger account if you want to play around with 1k stocks.
Re: Nvidia announces financial results for first quarter fiscal 2025
#318This 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…
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.…
Re: Nvidia announces financial results for first quarter fiscal 2025
#319Re: Nvidia announces financial results for first quarter fiscal 2025
#320This 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…
Seeing pallets shipped out the door seems like a far cry from knowing something intimately. To know the business intimately would likely take knowledge of not only the AI industry but also understanding what customers are using these machines for, are the sales sustainable, etc... Your anecdote is just survivorship bias and you are one of the survivors.