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Nvidia becomes the most valuable public company - GSMArena.com news

⁨61⁩ ⁨likes⁩

Submitted ⁨⁨10⁩ ⁨months⁩ ago⁩ by ⁨sabreW4K3@lazysoci.al⁩ to ⁨technology@beehaw.org⁩

https://m.gsmarena.com/nvidia_becomes_the_most_valuable_public_company-news-63341.php

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  • itslilith@lemmy.blahaj.zone ⁨10⁩ ⁨months⁩ ago

    At the moment it feels like the proverb about gold rushs and shovels

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    • ssm@lemmy.sdf.org ⁨10⁩ ⁨months⁩ ago

      Except the gold is actually poop and the shovels require burning several trees per dig

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  • fubarx@lemmy.ml ⁨10⁩ ⁨months⁩ ago

    Image

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  • Hirom@beehaw.org ⁨10⁩ ⁨months⁩ ago

    They were years ahead of the curve with AI hardware, and they’re well place to benefit from the AI craze.

    Regardless of whether any company’s AI product is useful, they need lot of hardware to make it run.

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    • DdCno1@beehaw.org ⁨10⁩ ⁨months⁩ ago

      To illustrate your point, my old GPU, a GTX 1080 from 2016 (basically ancient history - Obama was still president back then) remains a very useful for ML-applications today - and this isn’t even their oldest card that is still relevant for AI. This card was never meant for this, but thanks to Nvidia investing into CUDA and CUDA being useful for all sorts of non-gaming applications, the API became a natural first choice when ML tools that run on consumer hardware started to get developed.

      My current GPU, an RTX 2080, is just two years younger and yet it’s so powerful (for everything I throw at it, including ML) that I won’t have to upgrade it for years to come.

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      • fuckwit_mcbumcrumble@lemmy.dbzer0.com ⁨10⁩ ⁨months⁩ ago

        Whatever makes RTX work is what accelerations a lot of AI tasks. I’d argue the 1080 is bordering on irrelevant if it wasn’t for the 8 gigs of ram to save it. The 2060 should be much faster despite for gaming being about in par.

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  • algorithmae@lemmy.sdf.org ⁨10⁩ ⁨months⁩ ago

    I wish it were as easy to make money on stock prices going down as it is to make money on stock prices going up

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    • technocrit@lemmy.dbzer0.com ⁨10⁩ ⁨months⁩ ago

      Pretty sure the entire system is based around making the line always goes up regardless of everything else.

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      • algorithmae@lemmy.sdf.org ⁨10⁩ ⁨months⁩ ago

        I can’t reliably predict when line go up, but I have a pretty good idea of when line go down. Let me make money on that lol

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    • pineapple_pizza@lemmy.dexlit.xyz ⁨10⁩ ⁨months⁩ ago

      You could buy options

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      • algorithmae@lemmy.sdf.org ⁨10⁩ ⁨months⁩ ago

        I’m not employed by Nvidia though? Unless I’m misunderstanding

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  • ryan213@lemmy.ca ⁨10⁩ ⁨months⁩ ago

    And still no updated Shield TV. 😭

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    • DdCno1@beehaw.org ⁨10⁩ ⁨months⁩ ago

      I mean, one of the core ideas behind these things is that these are highly capable devices that are receiving updates for several times as long as normal tech, so you can just keep using them for ages.

      Apart from the very latest codecs, what else should they do that they aren’t already doing?

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    • veroxii@aussie.zone ⁨10⁩ ⁨months⁩ ago

      What’s missing in the shield? I have a gen 1 and it still plays anything I throw at it. High bitrate HDR 4k video etc.

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      • Scrath@lemmy.dbzer0.com ⁨10⁩ ⁨months⁩ ago

        I believe its missing h265 and av1 hardware support and while it probably has enough performance to handle those codecs in software, I wasn’t willing to drop more than 100 euros on a 5 year old device without hardware decoding for them

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      • ryan213@lemmy.ca ⁨10⁩ ⁨months⁩ ago

        Nothing is missing - but mine’s 5 years old and I want to make sure it can be replaced before it finally dies.

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