Live data from Hacker News

Nvidia announces financial results for second quarter fiscal 2024

nvidianews.nvidia.com

281–290 of 444 posts

Re: Nvidia announces financial results for second quarter fiscal 2024

#281
post #261

I interned at NVIDIA in 2009 on the kernel mode driver team. Was super fun there in terms of the project work and the people. If the code still exists, I created the main class that schedules work out to the GPU on Windows. That level of programming gave such rewarding moments in between difficult debugging sessions. When I wanted to test a new kernel driver build I needed to walk into some massive room with all of t…

I do wonder though, why has moore's law stopped in its tracks? Using CS:GO benchmark, a 1070 got 218 FPS, while a 4090 is at 477 FPS. Only a ~2.2x increase in FPS in 6 years? :(

At low frame rates, the GPU is (usuallly) the bottleneck most of them time. At very high frame rates, there are other more significant bottlenecks.

A much better benchmark would be to take a game designed for 120 or fewer FPS on a 4090 and try it on a 1070.

Re: Nvidia announces financial results for second quarter fiscal 2024

#282
post #98

It s come to the point that people are begging competitors to do something in the space. Who knows, maybe some cheap Chinese asic that can do matrix multiplication ends up eating their lunch. You d think that, at the level of capitalization of tech companies, competition would be cutthroat

There's already non-nvidia ML silicon in phones (Pixel, iPhone, etc) and datacenters (TPUs) that is more efficient than GPU silicon.

Re: Nvidia announces financial results for second quarter fiscal 2024

#283

What's also pretty interesting that they actually didn't sell more chips this quarter - they ... just pretty much doubled the prices (hence the huge margin). This is what having a monopoly looks like ! This is also why companies that manufacture their cards didn't report any uptick in profits. I'm wondering how this play out in some months ? Do they have any pricing power with respect to NVidia ? Or NVidia could just…

> This is what having a monopoly looks like ! As someone who has been in the AI/ML space for over a decade, and even had an AMD/Radeon card for more than half of that, I can't help but feel that this is partially AMD's own fault. For many, many years it seemed to me that AMD just didn't take AI/ML seriously whereas, for all it's faults, NVIDIA seemed to catch on very early that ML presented a tremendous potential mar…

AMD gave up on the market for parallel compute entirely

Re: Nvidia announces financial results for second quarter fiscal 2024

#284
post #4

Whelp, I guess those September NVDA call options I sold are going to get exercised. Who woulda guessed after the crypto fallout that "AI" would come along and bump the price back up. Record revenues, and a dividend of $0.04 on a $450 stock? That's not even worth the paperwork. For example, if you bought 100 shares, that's $45K. From that, around September $4 will show up in your account, which you have to pay taxes o…

I sold 600C for this Friday an hour or so before earnings. Free money with 168% IV.

collecting pennies in front of a steamroller

Re: Nvidia announces financial results for second quarter fiscal 2024

#285
post #274

Earlier quoted context omitted.

Do you still own stock?

He probably didn’t get any as an intern.

I vaguely remember that I could participate in the employee purchase program. This was during the financial crisis though and I was an undergrad intern with a paltry ability to invest.

Even if I had hit received some great stock award in all likelihood I would have sold it for index funds at my first opportunity. I imagine some of my old coworkers made out quite well though.

Re: Nvidia announces financial results for second quarter fiscal 2024

#286
post #261

I interned at NVIDIA in 2009 on the kernel mode driver team. Was super fun there in terms of the project work and the people. If the code still exists, I created the main class that schedules work out to the GPU on Windows. That level of programming gave such rewarding moments in between difficult debugging sessions. When I wanted to test a new kernel driver build I needed to walk into some massive room with all of t…

I do wonder though, why has moore's law stopped in its tracks? Using CS:GO benchmark, a 1070 got 218 FPS, while a 4090 is at 477 FPS. Only a ~2.2x increase in FPS in 6 years? :(

Between those 2 GPUs, the fp32 perf went up 12.7x according to TechPowerUp’s specs. The SM count went up 8.5x (which represents Moore’s law and note is almost exactly in line with Moore’s prediction), and the clock rate went up 1.5x. The FPS of CSGO (or any game) is not a good measure of Moore’s law. Games have all kinds of complexities and caveats that will prevent them from scaling linearly. I used to write some of those bottlenecks :P What are the 2080 and 3080 datapoints for CSGO? Did it approach 400-500 fps on the 2080 and never get any faster after that?

Re: Nvidia announces financial results for second quarter fiscal 2024

#287
post #274

Earlier quoted context omitted.

Do you still own stock?

He probably didn’t get any as an intern.

I joined as a new college grad (full time) the same year. I remember the 10% pay cut announcement. I didn't get any stock granted to me in the 4 years I was there as a SWE working on CUDA. They had an ESPP you could put 10% of your paycheck into or something like that though.

Re: Nvidia announces financial results for second quarter fiscal 2024

#288

What's also pretty interesting that they actually didn't sell more chips this quarter - they ... just pretty much doubled the prices (hence the huge margin). This is what having a monopoly looks like ! This is also why companies that manufacture their cards didn't report any uptick in profits. I'm wondering how this play out in some months ? Do they have any pricing power with respect to NVidia ? Or NVidia could just…

I'm curious where did you find the data point that they sold an equal number of units quarter over quarter?

Re: Nvidia announces financial results for second quarter fiscal 2024

#289
post #261

I interned at NVIDIA in 2009 on the kernel mode driver team. Was super fun there in terms of the project work and the people. If the code still exists, I created the main class that schedules work out to the GPU on Windows. That level of programming gave such rewarding moments in between difficult debugging sessions. When I wanted to test a new kernel driver build I needed to walk into some massive room with all of t…

I do wonder though, why has moore's law stopped in its tracks? Using CS:GO benchmark, a 1070 got 218 FPS, while a 4090 is at 477 FPS. Only a ~2.2x increase in FPS in 6 years? :(

That's because single thread perf of CPUs hasn't progressed and ~500fps is where CPUs cap out on that game still to this day. GPUs are doing fine.

Re: Nvidia announces financial results for second quarter fiscal 2024

#290
post #261

I interned at NVIDIA in 2009 on the kernel mode driver team. Was super fun there in terms of the project work and the people. If the code still exists, I created the main class that schedules work out to the GPU on Windows. That level of programming gave such rewarding moments in between difficult debugging sessions. When I wanted to test a new kernel driver build I needed to walk into some massive room with all of t…

I do wonder though, why has moore's law stopped in its tracks? Using CS:GO benchmark, a 1070 got 218 FPS, while a 4090 is at 477 FPS. Only a ~2.2x increase in FPS in 6 years? :(

Physics stopped Moore’s law
Post reply on HN