Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic • Hacker News Board

Re: Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic

#111

Post by zmgsabst » Fri, Mar 06, 2026, 2:57 AM UTC

chii wrote: post #71

zmgsabst wrote: post #53

Earlier quoted context omitted.

“I wouldn’t pick up $20 if there was $100 on the ground!” Most people would pick up both. These economic proclamations don’t seem to make sense, when applied to different contexts — which suggests what you’re saying might be folk wisdom rather than sound theory (and greatly over simplifying the problem). You’re also discounting ecosystem effects — gaming GPUs driving demand for datacenter and workstation GPUs as hobb…

> Most people would pick up both. if you're within reach of both, then it's not a choice, and there's no opportunity cost in picking just one - you'd be taking both. If not within reach of both but just one, and you picking one up means someone else might pick up the other, then which would you choose? The other is then by definition, the opportunity cost.

nVidia is sitting on a huge pile of cash, ie, they’re not constrained by resources — hence the framing as a choice.

Re: Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic

#112

Post by chii » Fri, Mar 06, 2026, 4:32 AM UTC

zmgsabst wrote: post #111

chii wrote: post #71

Earlier quoted context omitted.

> Most people would pick up both. if you're within reach of both, then it's not a choice, and there's no opportunity cost in picking just one - you'd be taking both. If not within reach of both but just one, and you picking one up means someone else might pick up the other, then which would you choose? The other is then by definition, the opportunity cost.

nVidia is sitting on a huge pile of cash, ie, they’re not constrained by resources — hence the framing as a choice.

cash cannot buy more fabs. ASML machines are the constraint, plus TSMC's capacity is a constraint.

Not to mention that nvidia's cash pile isn't magic - they should not overpay for capacity; they're better off returning cash to investors in that case.

Re: Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic

#113

Post by mdni007 » Fri, Mar 06, 2026, 10:39 PM UTC

If this AI bubble pops we'll just have a ton of cheap powerful GPUs on the market and possibly even an uptick in job growth in tech.

Re: Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic

#114

Post by xnx » Tue, Mar 17, 2026, 1:22 AM UTC

glimshe wrote: post #58

adventured wrote: post #36

Earlier quoted context omitted.

These days Nvidia has more money than it knows what to do with. They could certainly push $5b+ into each company annually and never miss it. They're tracking toward an astounding $200b in operating income (maybe over the next four quarters if the music doesn't suddenly stop).

They could buy back stock or, God forbid, pay good old dividends to investors instead of throwing money away.

> God forbid, pay good old dividends

As I understand it, stock buybacks are basically a better (tax advantaged) way to pay dividends