Support NeoGAF

[tusharngf]

THE CHIPMAKER BECOMES THE FOURTH MOST VALUABLE US-LISTED COMPANY
Nvidia’s market value surpassed Amazon’s on Monday for the first time in over 20 years.

According to Bloomberg, the world’s dominant designer and supplier of AI chips saw its shares rise as much as 2.9% today to hit a market capitalization of $1.83 trillion.

That put it ahead of Amazon’s $1.80 trillion, making it the fourth most valuable US-listed company behind Alphabet ($1.85 trillion), Apple ($2.9 trillion) and Microsoft ($3.11 trillion).

“Amazon was actually among the winners in the current earnings season as Amazon’s outlook is improving,” said Saxo Bank’s Peter Garnry. “Nvidia is just riding the first investment wave of the current AI boom with massive capital expenditures being deployed in data centers.”

Nvidia, which has added some $600 billion in market value this year alone, will report its quarterly earnings on February 21.

The company launched the GeForce RTX 40 Super Series of GPUs last month. The mid-gen refresh of its PC graphics cards starts at $599.

It was claimed last week that Nintendo‘s unannounced Switch successor will feature a custom Nvidia chip.

VGC reported last summer that development kits for ‘Switch 2’ were in the hands of key partner studios, with a launch expected in late 2024.


Source: https://www.videogameschronicle.com/news/chipmaker-nvidias-market-value-has-surpassed-amazons/

 

[James Sawyer Ford]

The Cisco of 2024

 

[ReBurn]

AI craze at work

 

[Mister Wolf]

Nvidia will likely be responsible for Skynet.

 

[bender]

Nvidia will likely be responsible for Skynet.

The sooner the better.

 

[Zuzu]

Wow I didn’t realise they were that big

 

[amigastar]

This guy

Spoiler

with his leather jacket

 

[Ozzie666]

Customers paid for it with overpriced GPU's too.

 

[CGNoire]

I got in before the spike. Anyone else?

There success basicly already payed for my 4090.

 

[Bkdk]

nvda is an interesting company, once the ai hype cools down and metaverse hype gains steam again nvda will be the center of that as well. Their products is backbone of quite a lot of big innovation narratives.

 

[Business]

https://markets.businessinsider.com...ion-chinese-china-market-economy-crash-2024-2

And not only worth more than AMZN

 

[killatopak]

More leather jackets.

 

[sertopico]

 

[Cyberpunkd]

Wow I didn’t realise they were that big

They are not, this is typical Wall Street stock craze. Amazon is infinitely better positioned.

I got in before the spike. Anyone else?

There success basicly already payed for my 4090.

Some people make millions, some buy a single graphic card for more shiny pixels.

 

[Moses85]

This guy

Spoiler

with his leather jacket

Wannabe

 

[newtypepilot]

"the more you buy, the more you save!!!"

Nvidia has been riding the crypto and AI fad so I doubt this kind of growth is sustainable.

 

[ChuckeRearmed]

Nvidia has been riding the crypto and AI fad so I doubt this kind of growth is sustainable.

Well, eventually the growth will stop and their stock stabilize but I fully expect it to reach 2.5T or above 2T soon. Nvidia right now basically controls the AI hardware market.

 

[Hudo]

They're an asshole of a company in so many ways... but it works for them.

 

[CGNoire]

They are not, this is typical Wall Street stock craze. Amazon is infinitely better positioned.

Some people make millions, some buy a single graphic card for more shiny pixels.

Huh? I purchased the card before I invested. Wtf are you saying? Just because I didnt make Millions that makes me a fool now?

Do you understand the amount I would of had to have available to invest to make that much? Or do you just loathe those who place a premium on visuals?

 

[Damigos]

Skynet loading

 

[Robb]

Here we go..

 

[Shut0wen]

Well, eventually the growth will stop and their stock stabilize but I fully expect it to reach 2.5T or above 2T soon. Nvidia right now basically controls the AI hardware market.

Thing is growth like this isnt that good for something that has potional to be regulated to the high heavens in a decade or so

 

[Shut0wen]

They are not, this is typical Wall Street stock craze. Amazon is infinitely better positioned.

Some people make millions, some buy a single graphic card for more shiny pixels.

Pretty much, laughing my ass off on the people on this thread, nvidia will fall pretty hard and become the next Motorola

 

[Hudo]

for fuck's sake, man...

Edit: I am getting frustrated ever time I read the thread title.

 

[odhiex]

That is .. Good job, Nvidia.

 

[ParaSeoul]

Customers paid for it with overpriced GPU's too.

Consumer gpu sales are such a small part of their revenue compared to the AI stuff,it's why they're charging whatever they feel like. Doesn't help AMD isn't giving them any real competition.

 

[ThisIsMyDog]

I can’t wait for the first megacorp war. If you want to pay for these cyborg parts, you’d better enlist.

 

[fran.fernandez]

Stonksssss

Need to give this guy a cake for my last 4 months, huge passive income haha

 

[winjer]

Selling shovels during a gold rush is great for business.

 

[Silver Wattle]

One quarter below forecasts and a large amount of people will want to cash out.

 

[Sanepar]

The fall will be hard.

 

[Audiophile]

Added $600,000,000,000 in value in a year..

 

[Magic Carpet]

This explains all the rumors about Amazon shipping rocks in place of actual GPU's.

 

[Buggy Loop]

Customers paid for it with overpriced GPU's too.

LOL

That's such a cute way to look at their growth. Nothing "gaming" has pushed them to this height. It's all AI.

 

[cinnamonandgravy]

I got in before the spike. Anyone else?

There success basicly already payed for my 4090.

i sold about a week before they said "guess what guys? AI" and the stock exploded.
missed out on a 6-figure return.
INVESTMENT MASTER

bought back in a few weeks ago because YOLO.
friends and family were like "eeeeek you wanna do that?"

 

[hollams]

I sold half my shares, right as it was exploding a couple of months ago, and got all my investment back so now it's all free money.

 

[K' Dash]

Nice bubble you got there.

 

[majorgamer10]

Im not surprised, there are whole Countrys' economies running on Nvidia these days.

 

[Bernoulli]

Is it a bad idea to invest now?
I only tried investing once on GME: bought at 350 and sold at 53

 

[DeaconOfTheDank]

I got in before the spike. Anyone else?

There success basicly already payed for my 4090.

Yup, and it's paid off tremendously so far although I took on a ton of risk.

Still holding on, but the amount of unrealized gains is making me want to sell some shares.

 

[JordiENP]

That means they will put a 4090 mobile on the switch 2 just for fun.

 

[diffusionx]

The whole AI thing seems massively overblown, and well this stock feels like a bubble price now.

Nvidia has intrinsic value of course, but I see no reason why they have more than Amazon.

 

[CGNoire]

Yup, and it's paid off tremendously so far although I took on a ton of risk.

Still holding on, but the amount of unrealized gains is making me want to sell some shares.

Im holding out till the end of this year me thinks. They still seem to be the only AI hardware in town.

 

[Fess]

I got in before the spike. Anyone else?

There success basicly already payed for my 4090.

Yup
Insane stock. Thinking about selling before their earnings report. I want to buy a console-sized living room PC.

 

[Alan Wake]

It took me a while to realize just how big they are. I thought I was supporting some kind of underdog when I bought the Nvidia Shield TV in 2015, lol. (In that particular market they kind of were/are, though.)

 

[crazepharmacist]

"the more you buy, the more you save!!!"

Nvidia has been riding the crypto and AI fad so I doubt this kind of growth is sustainable.

It’s only sustainable for as long as companies buy their chips to train and inference. Sustainability will depend on upgrade cycles and that will be based on how fast AI advances. More frequent advances in AI capability will require more powerful chips from Nvidia and AMD.

Basically, in 5-10 years we will reach singularity.

 

[tusharngf]

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company​

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company

The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

www.cnbc.com

 

[Unknown Soldier]

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company​

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company

The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

www.cnbc.com

They have a long, long way to go until they can catch Microsoft and Apple

I need to lighten my load before earnings, my unrealized gains are increasingly hilarious

 

[AJUMP23]

Nancy knew.

 

[YOU PC BRO?!]

As insufferable as NVidia have been at times I have to hand it to them. Their peerless and constant push to innovate has left their competitors scrambling. They have been absolutely fearless when it comes to jumping into unfamiliar markets. Think of Tegra with Shield, GeForce now, autonomous, server, crypto mining and ML/AI to name but a few. Their work with DLSS, Frame Gen, RT and this new stuff with the AI textures has been groundbreaking. Even technologies like RTX Remix are unbelievable. Congrats to Jensen and those involved. Hopefully the won’t fleece us too much with the 5000 series cards.… wait, of course they will. What was I thinking.