Yes China, exactly like that. Nvidia getting taken down a few pegs (no pun intended) can only be a good thing. This bubble needs to pop and if it's Jensen' dick that does it, so be it.
I used to think that some shock would make investors realize how fucked the AI industry is and panic, but I'm beginning to think they are so brainwashed nothing will happen until the circular investment schemes collapse and things go to shit in a real way outside of the stock markets to the point where it cannot be ignored any longer.
The fact that other AI companies rise in value on the stock exchange even as Nvidia plummets is so incredibly telling of how investors do not at all understand (or care) what is going on in this industry. The whole thing is driven by circular financing schemes, and in that scheme Nvidia, Micron and AMD are the only companies to have made a profit so far. They're basically selling stocks from the money lender to buy shares in the borrower. Until they run out of idiots they can keep going forever, and idiots seem to be in unlimited supply these days.
Everyone "knew" the dot com bubble was going to burst about two years before it did. It's amazing how long a shitty system can stay in place when a lot of people have a lot of money betting on it staying.
If you think investors or gamers would care that the CEO cheated on his wife, you're up for rude awakening. Everyone will keep buying the cards.
The worrying part is not the cheating, it's the spy he cheated with
And the smuggling of contraband that he was either ignoring or actively colluding with.
So you're saying that by cheating he increased the value of cards by finding even more buyers? Damn, shareholders are going to be mad (?)
Until Chinese chip makers mysteriously release a GPU so comparable to modern Nvidia flagships that it completely decimates them on the open market.
Don't threaten me with good time
Are you a major Nvidia shareholder?
Must be nice
Yes, I own one RTX 5080
True, but also gamers and AI enthusiasts will still buy the cards
You're really missing the point here.
Spying itself is a nothingburger in US under Trump. US is essentially a free real estate when it comes to sensitive information, even your government is likely filled with Russian agents who report to China. If it's not spies, then gamers posting classified information to win an argument in war thunder.
On the one hand, loose lips sink ships, but on the other hand QueefBurglar69 is confidently wrong about the effective range of the current line of tanks.
security through obscurity is the weakest kind anyway.
386 upvotes, none the less!
The best one yet ๐
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