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> It's up 50% over 2 years and 400% over 3 So they've had an upwards trend in the past. That's no guarantee for future performance. > Ignore the crypto bubble

> It's up 50% over 2 years and 400% over 3 So they've had an upwards trend in the past. That's no guarantee for future performance. > Ignore the crypto bubble/pump and NVDA is growing quickly Quoting the article: That bust is obvious in Nvidia’s revenues this year: they are essentially flat for three quarters now, hovering between $3.1 and $3.2 billion.

aqme28 8y ago
> That's no guarantee for future performance. Is anything a guarantee of future performance?
- qubex 8y ago
  Clearly any stock that does not price into it the eventual heat death of the universe (and hence zero residual economic utility) is the product of irrational euphoria in the market...
KaoruAoiShiho 8y ago
No the uptrend is not just in the past, it's still continuing today. Just in the past year went too euphoric. We need to be able to distinguish between the 2 tailwinds. AI and crypto. Crypto turned out to be more of a factor than analysts anticipated, leading to the huge runup and then fall. Consider that done and dusted. However the AI story is consistent and strong. Now that the stock price has come back down to earth we're still looking at amazing returns, there's nothing to be displeased with here. The Q/Q performance is not concerning because of the product cycles. Every generational change there was a big drop in sales of the previous generation. Look at the first quarter of Pascal and first quarter of Maxwell's introduction and you'll see the same pattern. A flat quarter is actually an amazing improvement over the straight up declines of the previous generations. Major growth will return soon as new products get ramped.
- mr_toad 8y ago
  The AI market could also falter if the use of TPUs becomes more common and other players, like AWS get in on it.
  - erk__ 8y ago
    But nvidia also have a chance at that market. Iirc there already is some minor "tensor" cores in the new cards from them.
paulddraper 8y ago
> So they've had an upwards trend in the past. They've had an upwards trend year after year very consistently. Except for the past 12 months. So weight those trends accordingly.
- ckastner 8y ago
  Nokia also had an upwards trend year after year, until they didn't. I acknowledge that the recent stagnation might only be short-lived, but it would be premature to call this new trend temporary based on the past performance. At the very least, we know that the environment has changed significantly, because the Crypto cash cow seems to have stopped producing milk.

aqme28 8y ago

> That's no guarantee for future performance. Is anything a guarantee of future performance?

qubex 8y ago
Clearly any stock that does not price into it the eventual heat death of the universe (and hence zero residual economic utility) is the product of irrational euphoria in the market...

KaoruAoiShiho 8y ago

No the uptrend is not just in the past, it's still continuing today. Just in the past year went too euphoric. We need to be able to distinguish between the 2 tailwinds. AI and crypto. Crypto turned out to be more of a factor than analysts anticipated, leading to the huge runup and then fall. Consider that done and dusted. However the AI story is consistent and strong. Now that the stock price has come back down to earth we're still looking at amazing returns, there's nothing to be displeased with here. The Q/Q performance is not concerning because of the product cycles. Every generational change there was a big drop in sales of the previous generation. Look at the first quarter of Pascal and first quarter of Maxwell's introduction and you'll see the same pattern. A flat quarter is actually an amazing improvement over the straight up declines of the previous generations. Major growth will return soon as new products get ramped.

mr_toad 8y ago
The AI market could also falter if the use of TPUs becomes more common and other players, like AWS get in on it.
- erk__ 8y ago
  But nvidia also have a chance at that market. Iirc there already is some minor "tensor" cores in the new cards from them.

paulddraper 8y ago

> So they've had an upwards trend in the past. They've had an upwards trend year after year very consistently. Except for the past 12 months. So weight those trends accordingly.

ckastner 8y ago
Nokia also had an upwards trend year after year, until they didn't. I acknowledge that the recent stagnation might only be short-lived, but it would be premature to call this new trend temporary based on the past performance. At the very least, we know that the environment has changed significantly, because the Crypto cash cow seems to have stopped producing milk.