Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Nvidia takes $1B stake in Nokia

cnbc.com

Post reply on HN
Print view View original

61–70 of 206 posts

Re: Nvidia takes $1B stake in Nokia

#61

Post by whaleofatw2022 »

KK7NIL wrote: post #35
netdevphoenix wrote: post #30

Earlier quoted context omitted.

> They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly. Mind elaborating? Who are the players in the duopoly?

Presumably referring to the logic foundry business where TSMC is the monopoly power and Intel, Samsung and SMIC are looking to turn it into a duopoly.

Let's not forget GloFo although they are more interested in bulk at this point.mm

Re: Nvidia takes $1B stake in Nokia

#62

Post by bazmattaz »

nasmorn wrote: post #54

The stock of NVIDIA can buy the 230 smallest S&P 500 companies. Which are still quite big companies. I recently learned this fact and I think it is pretty wild.

Do you mean their market cap? Sure but that doesn’t equal their profits or cash reserves which are considerably less so NVIDIA couldn’t buy the 230 companies even if I wanted to

Re: Nvidia takes $1B stake in Nokia

#63

Post by KK7NIL »

whaleofatw2022 wrote: post #61
KK7NIL wrote: post #35

Earlier quoted context omitted.

Presumably referring to the logic foundry business where TSMC is the monopoly power and Intel, Samsung and SMIC are looking to turn it into a duopoly.

Let's not forget GloFo although they are more interested in bulk at this point.mm

Global Foundries sent their EUV machine back (and paid a fat restocking fee to do it), they've stopped trying to compete at the leading edge of logic processes.

SMIC has a DUV multi-patterning 7 nm node which is already economically uncompetitive with EUV 7 nm nodes (except for PRC subsidies) and the economics of DUV only get worse further down, but at least they're trying and will certainly be the first client to use the Chinese EUV machines, whenever those come online.

Re: Nvidia takes $1B stake in Nokia

#65

Post by Imustaskforhelp »

pavlov wrote: post #21

Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent. They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent. As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but…

Ericsson is swedish Samsung is south korean I can agree that Huawei is chinese so that's a bad choice

But why is Ericsson(swedish), Samsung(south korean) not considered made in US in the sense that atleast south korea has strong relations with america iirc and also I just recently checked and it seems that sweden has also become a part of nato. So some of these can be just as good.

Although I still agree that Nokia might be important in general but I just wanted to point/question it out I suppose.

Re: Nvidia takes $1B stake in Nokia

#66

Post by readthenotes1 »

tverbeure wrote: post #12
readthenotes1 wrote: post #6

Earlier quoted context omitted.

I was reading an article earlier today that said passive investing is more than 50% of the market--and since most ETFs allocate by market cap, it causes a reinforcing feedback loop for market cap leaders.

What is the mechanism behind that? In a hypothetical market with 100% ETFs, you’d have a status quo. Edit: maybe not, since you have ETFs that invest in, say, Nasdaq only, which is tech oriented and would influence S&P500.

The problem is that companies with large market cap will get more of any subsequent investment because many fund's allocate new money by current market cap.

If you ever played Risk, or most other games, once the snowball starts, it's hard to stop it.

Of course, since the market has never been like this before, it's a speculation...

Re: Nvidia takes $1B stake in Nokia

#67

Post by ngcc_hk »

Given 5g patent mostly h, usa has missed the boat. Somehow has to find its way back or be dominated. Not necessarily can build an empire or even a duopoly… but at least stay in the game like Intel. Understandable from usa point of view.

Re: Nvidia takes $1B stake in Nokia

#68

Post by JAlexoid »

netdevphoenix wrote: post #30
amoshi wrote: post #25

Earlier quoted context omitted.

>I think the US Gov probably "incentizied" Nvidias stake in Intel, and I wonder if they did here as well. They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly.

> They definitely did, Intel existing is probably an issue of national security at this point, if Intel fell then there'd be the risk of some other nation's company being part of the duopoly. Mind elaborating? Who are the players in the duopoly?

We currently have an all American oligopoly on the CPU market - Intel, AMD, Apple(ARM) and Qualcomm(ARM).

There's hardly any non-American CPU designers out there

Re: Nvidia takes $1B stake in Nokia

#70

Post by nine_k »

Imustaskforhelp wrote: post #65
pavlov wrote: post #21

Nokia today is the combination of the network businesses of Nokia, Siemens, Alcatel and Lucent. They have substantial operations in North America. T-Mobile uses primarily their hardware. Nokia still operates Bell Labs which came originally from AT&T via Lucent. As the other global options for network hardware are Ericsson, Samsung and Huawei, Nokia is the closest to a “Made in USA” solution. Its HQ is in Finland but…

Ericsson is swedish Samsung is south korean I can agree that Huawei is chinese so that's a bad choice But why is Ericsson(swedish), Samsung(south korean) not considered made in US in the sense that atleast south korea has strong relations with america iirc and also I just recently checked and it seems that sweden has also become a part of nato. So some of these can be just as good. Although I still agree that Nokia m…

UPDATE: the production facilities seem to be closed; only office buildings remain somewhere.

Per Wikipedia [1], Lucent's factories and offices are^W were situated in places like Murray Hill and Mount Olive, NJ, North Andover, MA, Reading, PA, and a bunch of other places in the US.

I think it makes^W made Nokia, which owns Lucent properties, "more US" than, say Ericsson and Samsung, until these facilities were closed.

[1]: https://en.wikipedia.org/wiki/Lucent_Technologies#Divisions

Post reply on HN