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sabreW4K3 ( sabreW4K3@lazysoci.al )  to TechnologyEnglish · 2 years ago

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

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

m.gsmarena.com

sabreW4K3 ( sabreW4K3@lazysoci.al )  to TechnologyEnglish · 2 years ago
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Nvidia becomes the most valuable public company
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The market cap is now $3.34 trillion, surpassing Microsoft and Apple. Nvidia became the world's most valuable company on Tuesday. The Taiwanese chipmaker...
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  • itslilith ( itslilith@lemmy.blahaj.zone ) 
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    2 years ago

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

    • ssm ( ssm@lemmy.sdf.org ) deleted by creator
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      deleted by creator

  • fubarx ( fubarx@lemmy.ml ) 
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    2 years ago

  • Hirom ( Hirom@beehaw.org ) 
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    2 years ago

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

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

    • DdCno1 ( DdCno1@beehaw.org ) 
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      2 years 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.

      • fuckwit_mcbumcrumble ( fuckwit_mcbumcrumble@lemmy.dbzer0.com ) 
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        2 years 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.

  • algorithmae ( algorithmae@lemmy.sdf.org ) 
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    2 years 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

    • technocrit ( technocrit@lemmy.dbzer0.com ) 
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      2 years ago

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

      • algorithmae ( algorithmae@lemmy.sdf.org ) 
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        2 years 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

    • pineapple_pizza ( pineapple_pizza@lemmy.dexlit.xyz ) 
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      2 years ago

      You could buy options

      • algorithmae ( algorithmae@lemmy.sdf.org ) 
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        2 years ago

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

        • pineapple_pizza ( pineapple_pizza@lemmy.dexlit.xyz ) 
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          2 years ago

          Anyone can trade options. See https://www.investopedia.com/terms/p/putoption.asp

          This is very risky though, I wouldn’t recommend doing this without some training and research.

          I’m Not a financial advisor

          • algorithmae ( algorithmae@lemmy.sdf.org ) 
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            2 years ago

            That goes back to my original point, “I wish it were as easy…”

  • ryan213 ( ryan213@lemmy.ca ) 
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    2 years ago

    And still no updated Shield TV. 😭

    • DdCno1 ( DdCno1@beehaw.org ) 
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      2 years 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?

    • veroxii ( veroxii@aussie.zone ) 
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      2 years 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.

      • Scrath ( Scrath@lemmy.dbzer0.com ) 
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        2 years 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

        • veroxii ( veroxii@aussie.zone ) 
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          2 years ago

          That’s untrue. I specifically bought it for h265 decoding. Which it does have in hardware. I play h265 content exclusively and never had an issue. Even 80~100mbps blue ray UHD rips. And because it has gigabit ethernet there’s never any buffering issues either from my NAS.

          • Scrath ( Scrath@lemmy.dbzer0.com ) 
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            2 years ago

            Ah, I guess I was only looking at AV1 support in that case. I only remembered it was missing something I wanted due to its age

        • storcholus ( storcholus@feddit.de ) 
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          2 years ago

          I got most of my Plex library on h265 and there is no problem with my shield,

      • ryan213 ( ryan213@lemmy.ca ) 
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        2 years ago

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

        • DdCno1 ( DdCno1@beehaw.org ) 
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          2 years ago

          Even first gen ones from 2015 are still being used. I don’t think these die all that often. They will be obsolete at some point, but even this takes far longer than with other tech. As long as you make sure it doesn’t overheat, it should last for a while longer.

          • ryan213 ( ryan213@lemmy.ca ) 
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            2 years ago

            Yeah, I was surprised there were still lots of people using the 2015 version. It’s a good sign so hopefully mine will be good for a long while still.

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