Nvidia Becomes World’s First $5T Company(ft.com)
ft.com
Nvidia Becomes World’s First $5T Company
https://www.ft.com/content/62933c70-261c-4b7a-a045-3f9f9cceccd7
7 comments
Not on my 2020's bingo card at all. What a crazy run
I dunno, give me 25 squares and I can come up with some pretty stupid predictions.
Nvidia had solid buy-in with CUDA, was deeply integrated in datacenter/edge compute, winning in crypto, powering the Nintendo Switch and crushing benchmarks like King Kong. 5 trillion seems a bit out-there, but in 2019 I could tell they were criminally undervalued. All it would take to blow up their demand was a data-intensive server side application - at first people thought it was crypto, but now it's looking like AI/robotics.
Nvidia had solid buy-in with CUDA, was deeply integrated in datacenter/edge compute, winning in crypto, powering the Nintendo Switch and crushing benchmarks like King Kong. 5 trillion seems a bit out-there, but in 2019 I could tell they were criminally undervalued. All it would take to blow up their demand was a data-intensive server side application - at first people thought it was crypto, but now it's looking like AI/robotics.
it'll be 6T by end of November.
I won't rule out 10T until Apple and Tesla get their head out of their ass. The US economy is not in a good place right now, and their market caps won't survive on protectionist policy alone.
Scary stuff, it's starting to feel like a proper Halloween now.
Scary stuff, it's starting to feel like a proper Halloween now.
Looking like the year of 2029 and around 2030 the latest as the absolute top of this euphoria and ridiculous valuations.
I retired in 2032