• ExcessShiv@lemmy.dbzer0.com
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      8 hours ago

      Why bother wasting manufacturing on consumer GPUs, that market is worth pennies compared to the AI and data center markets.

    • boonhet@sopuli.xyz
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      8 hours ago

      They’re making more money from consumer GPUs alone than they made from both consumer + data center like 3 or 4 years ago.

      It’s also less than 10% of their entire revenue now IIRC.

  • Buffalox@lemmy.world
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    5 hours ago

    I don’t like Nvidia business practices, but I have to admit that what Huang Jensen has done with Nvidia is impressive.
    Starting out with a minor niche product, and having a constant 30 years of victory laps. To end up as the worlds most valuable company!

    It is very doubtful Nvidia will be able to find someone as skilled as Huang Jensen to replace him.

    • GMac@feddit.org
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      3 hours ago

      Impressed is not a word I would personally choose to describe a man whose actions clearly amount to insider trading, securities fraud, federal bribery, abuse of office, breach of US national security, breach of US sanctions, and willing, knowledgeable participation in a multinational multibillion dollar value smuggling network.
      …and that barely touches him personally presiding over circular financing lunacy on a scale that makes the Enron look like a rounding error.

      No… impressed is not the word - what everyone should be is apoplectic. It is outrageous that quality journalism dating which has been exposing these things for over 2 years now (notable examples from Ed Zitron and Steve Burke are easy to find), has been consciously ignored by the mass media who only woke up when the words “Chinese”, “spy”, and “sex” could be put in one headline. Hopefully we’ll see if the US justice system, international economists, and international trade politicians have woken up too over the next few days.

      • Buffalox@lemmy.world
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        3 hours ago

        abuse of office

        Pfff he is not in any office, abuse of office refers to public office, not private enterprise.
        You may have your own opinion, if you can’t see the merits of taking a company from nothing to global leader, we will just have to disagree on that.
        Everything you mention was NOT what made Nvidia the global leader, but how they abused their position as the global leader.

        • GMac@feddit.org
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          2 hours ago

          First up you’re just plain wrong about abuse of office.

          Just a few examples:

          Germany allows personal criminal liability for senior managers who breach their duty of care, and companies can also face fines if the offense enriches or was intended to enrich the company.

          Japan criminalizes “special breach of trust” by executives, punishable by up to 10 years in prison.

          South Africa holds company directors and managers criminally liable for cartel activity.

          United States: CEOs and CFOs can face criminal penalties—including fines up to $5 million and up to 20 years in prison—for willful misconduct in certifying financial reports. but I’ll let you challenge that last one, because it is:

          • the relevant jurisdiction for Nvidia, and
          • a banana republic with a shaky track record of legal enforcement

          If you think Nvidia got to be #1 honestly and then just made a couple of mistakes recently then you’ve been grossly misled. There has been a longstanding pattern of misbehaviour with very public markers going back consistently to at least 2018 where they were caught on financial disclosures/misreporting and anticompetitive business practices. Highlights here: https://www.xda-developers.com/the-biggest-nvidia-controversies-of-all-time/

          I doubt it is coincidence that the company position and stock price that impresses you so much started going up around 2018: https://stockanalysis.com/stocks/nvda/history/

      • Buffalox@lemmy.world
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        7 hours ago

        This is only lately with AI chips, that’s not what made them #1.
        And I also wrote I don’t like their business practices.

        • Luke@lemmy.ml
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          6 hours ago

          I don’t like their business practices, but the practices of their business were impressive!

          • Buffalox@lemmy.world
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            6 hours ago

            That quote you make is false, you can’t make it as a quote and then it’s not an actual quote, but your wildly flawed and false interpretation of what I wrote. You are dishonest and your method is despicable.

            Nvidia became #1 by being ahead technologically for 30 years, that is what is impressive. Not the weird financial and business shenanigans they have pulled the past few years.

            • Luke@lemmy.ml
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              6 hours ago

              That facetious quote was accurately summarizing the hypocrisy of your comments above.

              Who exactly do you think is ultimately responsible for those business practices you dislike if not the chief executive who you are saying is “impressive”?

              • Buffalox@lemmy.world
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                5 hours ago

                You’re an idiot and a fraud, and if you think that’s accurate you are delusional. 🤮🤮🤮🤮