Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 1 day agoNvidia CEO Jensen Huang complains about stock price slide during all-hands meeting — says market did not appreciate company’s ‘incredible’ quarterwww.tomshardware.comexternal-linkmessage-square53fedilinkarrow-up1289arrow-down17
arrow-up1282arrow-down1external-linkNvidia CEO Jensen Huang complains about stock price slide during all-hands meeting — says market did not appreciate company’s ‘incredible’ quarterwww.tomshardware.comLee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 1 day agomessage-square53fedilink
minus-squarekn0wmad1c@programming.devlinkfedilinkEnglisharrow-up53·22 hours agoJensen doesn’t seem to realize that the only company profiting from AI is nvidia, and they’re profiting from companies that are losing money on AI. It’s a very fragile ecosystem being over-inflated. A bubble, if you will.
minus-squareDragonTypeWyvern@midwest.sociallinkfedilinkEnglisharrow-up18·17 hours agoWhich is fine and dandy when you’re paying fat dividends and not treating the inflated stock as the end goal itself. Nvidia’s annual dividend was .022% To put that into perspective, Shell’s is 3.83% and McDonald’s is 2.41%. Nvidia is showing all the signs of a business that has lost the plot.
Jensen doesn’t seem to realize that the only company profiting from AI is nvidia, and they’re profiting from companies that are losing money on AI. It’s a very fragile ecosystem being over-inflated. A bubble, if you will.
Which is fine and dandy when you’re paying fat dividends and not treating the inflated stock as the end goal itself.
Nvidia’s annual dividend was .022%
To put that into perspective, Shell’s is 3.83% and McDonald’s is 2.41%.
Nvidia is showing all the signs of a business that has lost the plot.