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At this point NVIDIA seems to be motivated by shareholders value, and nothing else. They shifted part of their production capacity to release dedicated cards f

At this point NVIDIA seems to be motivated by shareholders value, and nothing else. They shifted part of their production capacity to release dedicated cards for mining that have way shorter life-cycle, because they can't be used by anyone else. They found a way to sell more cards with a higher price tag.

bayindirh 6y ago
> At this point NVIDIA seems to be motivated by shareholders value, and nothing else. It's for a long time. This is just the latest layer.
- libertine 6y ago
  You're right!
xwdv 6y ago
What’s wrong with that? Being an NVDA shareholder isn’t some select privilege for an elite few. Just buy the stock. I’m currently holding an NVDA position worth over $300k off a modest investment I made 5 years ago. To attack companies for delivering value to shareholders is just jealousy, and speaks ignorance of the market.
- ohgodplsno 6y ago
  >modest investment >$300k You live in a reality that is much different than most Americans, Europeans or Asians. Reasonably, the average person can maybe get a single share, and being willing or able to blow $500 on a single share is rare. Get back down to earth, you're part of an extremely privileged group of people that fully benefits from your shares, while actual customers do not get to see returns. Putting money in a company is not work. You are not owed anything.
  - deleted 6y ago
    [deleted]
  - cinntaile 6y ago
    Regarding your last sentence... That is opinion not fact, there are a lot of laws protecting shareholders. But I generally agree with the rest of your comment, an investment of approximately $20000 in a single stock 5 years ago is not a modest investment for the average individual.
  - patrickaljord 6y ago
    > You are not owed anything. He is owed whatever the price someone is willing to pay for his shares which for now seems to be around $300k. He is not owed anything else though. > Putting money in a company is not work. He did work for that money, and he did take a risk investing it in these shares, a risk many were not willing to take. This is what he is being rewarded for now. Doesn't make him a hero or whatever of course.
    - ohgodplsno 6y ago
      >a risk many were not willing to take. A risk many _cannot_ take. For a company as large as NVidia, the risk of it collapsing is basically nil. The risk of itsInvesting at random in the stock market gives you a pretty much guaranteed growth on average. However, many of us cannot blow 20k. We can't blow 10k. We can barely blow 1k. Once again, OP ought to have a little bit of humility and recognize his incredibly privileged position.
      - teitoklien 6y ago
        Many don’t , but that’s mostly on them , stop blaming others for misfortune. And dragging them down too. Humility is a good thing Tiptoeing near snowflakes is not, He never mistreated or harped at anyone He just said his opinion that he likes the stock. He wasn’t shitting on poor people.
        FireBeyond 6y ago
        "This is not just for the elite few" "I have a modest 300k position" When you look at these two statements in close proximity, you feel that there's perfect humility to the fortune of that position?
        literallycancer 6y ago
        What are you doing on a software board then? California houses cost at least 2-3 mil. What's the home ownership rate? Are you implying that all Californian home owners are part of some elite?
  - sgtnoodle 6y ago
    I'm just trying to understand your point. Are you implying that a majority of Nvidia's customers can't afford to invest $500 in something with inherent risk? Or are you using the term "customers" to mean average people in general? The former doesn't really make much sense to me, considering the majority of Nvidia customers are presumably spending hundreds of dollars on luxury goods.
- MereInterest 6y ago
  The median US net worth is about $121k [0]. When you're talking about having $300k available to put into stocks, and saying "Just buy the stock.", that is something entirely out of reach for the majority of people. [0] https://www.cnbc.com/select/average-net-worth-by-age/ https://www.cnbc.com/select/average-net-worth-by-age/
  - meddlepal 6y ago
    Boo hoo? Whats your point? Nobody has a human right to affordable graphics cards.
    - MereInterest 6y ago
      xwdv started his post by saying that having significant stock was not something restricted to an elite few, and then followed up by giving examples that directly contradict that point. My goal wasn't to comment on the graphics cards themselves, but rather to add support against the pervasive and self-destructive idea that maximizing the value of the shareholders is the sole duty of a corporation.
    - fortyseven 6y ago
      Aww. Game over for the discussion, so you metaphorically flip over the table? Geesh.
  - zapdrive 6y ago
    The OP said they opened their position 5 years ago, when the price of NVDA was 20 times less. So they probably only invested about $15K out of that median $120K net worth.
    - Barrin92 6y ago
      The median net worth represents assets you own, not cash on hand. When someone has a median net worth of 120k that is likely the value of their house minus the outstanding debt their car and their pension fund, and unless you're willing to take a loan out on your house to gamble on the stock market, the median American does not have 15k to buy stock. In fact the median American can barely cover 400$ in emergency bills. https://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/ https://www.theatlantic.com/magazine/archive/2016/05/my-secr... Not to mention that it would be insane for someone to pump their entire savings into the stock of an individual company.
- Rule35 6y ago
  Legally wrong with? Nothing. Brand-wise? Huge. Gamers and miners hate them for this. As a shareholder I'd imagine you want continuing revenue, not a short bump before the market switches to AMD.
  - babypuncher 6y ago
    Why would gamers hate them for this? The whole point was to try and free up more 3060 supply for gamers.
    - Dylan16807 6y ago
      The restrictions were never going to work against industrial miners. What they actually do is make it harder for gamers to mine in their spare time, making it harder to offset the card cost and meaning big miners have more profit and can bid up prices even more.
    - Rule35 6y ago
      Because they screwed up the earlier launches unrelated to mining, because they practice annoying market segmentation anyways, because it's seen as a cash grab, because it isn't helping one bit despite the hassle, because stopping mining also degrades the value of the card for resale even if the original buyer is a gamer, and because restricted drivers are DRM and people hate that. They just have no credibility now so nobody believes it was to help anyone but themselves.
- belltaco 6y ago
  Getting a strong vibe of 'let them eat cake'.
xiphias2 6y ago
It's mostly short-sighted shareholders looking at quarterly results. I'm not sure long-term shareholders like the games NVIDIA is playing with the companies. They lost Tesla for self driving, Waymo didn't even consider them, even though they had early advantage in AI. Comma.ai started with NVIDIA chip as well. I think Jen Huang is brilliant, but he's listening to the wrong people.

bayindirh 6y ago

> At this point NVIDIA seems to be motivated by shareholders value, and nothing else. It's for a long time. This is just the latest layer.

libertine 6y ago
You're right!

xwdv 6y ago

What’s wrong with that? Being an NVDA shareholder isn’t some select privilege for an elite few. Just buy the stock. I’m currently holding an NVDA position worth over $300k off a modest investment I made 5 years ago. To attack companies for delivering value to shareholders is just jealousy, and speaks ignorance of the market.

ohgodplsno 6y ago
>modest investment >$300k You live in a reality that is much different than most Americans, Europeans or Asians. Reasonably, the average person can maybe get a single share, and being willing or able to blow $500 on a single share is rare. Get back down to earth, you're part of an extremely privileged group of people that fully benefits from your shares, while actual customers do not get to see returns. Putting money in a company is not work. You are not owed anything.
- deleted 6y ago
  [deleted]
- cinntaile 6y ago
  Regarding your last sentence... That is opinion not fact, there are a lot of laws protecting shareholders. But I generally agree with the rest of your comment, an investment of approximately $20000 in a single stock 5 years ago is not a modest investment for the average individual.
- patrickaljord 6y ago
  > You are not owed anything. He is owed whatever the price someone is willing to pay for his shares which for now seems to be around $300k. He is not owed anything else though. > Putting money in a company is not work. He did work for that money, and he did take a risk investing it in these shares, a risk many were not willing to take. This is what he is being rewarded for now. Doesn't make him a hero or whatever of course.
  - ohgodplsno 6y ago
    >a risk many were not willing to take. A risk many _cannot_ take. For a company as large as NVidia, the risk of it collapsing is basically nil. The risk of itsInvesting at random in the stock market gives you a pretty much guaranteed growth on average. However, many of us cannot blow 20k. We can't blow 10k. We can barely blow 1k. Once again, OP ought to have a little bit of humility and recognize his incredibly privileged position.
    - teitoklien 6y ago
      Many don’t , but that’s mostly on them , stop blaming others for misfortune. And dragging them down too. Humility is a good thing Tiptoeing near snowflakes is not, He never mistreated or harped at anyone He just said his opinion that he likes the stock. He wasn’t shitting on poor people.
      - FireBeyond 6y ago
        "This is not just for the elite few" "I have a modest 300k position" When you look at these two statements in close proximity, you feel that there's perfect humility to the fortune of that position?
        literallycancer 6y ago
        What are you doing on a software board then? California houses cost at least 2-3 mil. What's the home ownership rate? Are you implying that all Californian home owners are part of some elite?
- sgtnoodle 6y ago
  I'm just trying to understand your point. Are you implying that a majority of Nvidia's customers can't afford to invest $500 in something with inherent risk? Or are you using the term "customers" to mean average people in general? The former doesn't really make much sense to me, considering the majority of Nvidia customers are presumably spending hundreds of dollars on luxury goods.
MereInterest 6y ago
The median US net worth is about $121k [0]. When you're talking about having $300k available to put into stocks, and saying "Just buy the stock.", that is something entirely out of reach for the majority of people. [0] https://www.cnbc.com/select/average-net-worth-by-age/ https://www.cnbc.com/select/average-net-worth-by-age/
- meddlepal 6y ago
  Boo hoo? Whats your point? Nobody has a human right to affordable graphics cards.
  - MereInterest 6y ago
    xwdv started his post by saying that having significant stock was not something restricted to an elite few, and then followed up by giving examples that directly contradict that point. My goal wasn't to comment on the graphics cards themselves, but rather to add support against the pervasive and self-destructive idea that maximizing the value of the shareholders is the sole duty of a corporation.
  - fortyseven 6y ago
    Aww. Game over for the discussion, so you metaphorically flip over the table? Geesh.
- zapdrive 6y ago
  The OP said they opened their position 5 years ago, when the price of NVDA was 20 times less. So they probably only invested about $15K out of that median $120K net worth.
  - Barrin92 6y ago
    The median net worth represents assets you own, not cash on hand. When someone has a median net worth of 120k that is likely the value of their house minus the outstanding debt their car and their pension fund, and unless you're willing to take a loan out on your house to gamble on the stock market, the median American does not have 15k to buy stock. In fact the median American can barely cover 400$ in emergency bills. https://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/ https://www.theatlantic.com/magazine/archive/2016/05/my-secr... Not to mention that it would be insane for someone to pump their entire savings into the stock of an individual company.
Rule35 6y ago
Legally wrong with? Nothing. Brand-wise? Huge. Gamers and miners hate them for this. As a shareholder I'd imagine you want continuing revenue, not a short bump before the market switches to AMD.
- babypuncher 6y ago
  Why would gamers hate them for this? The whole point was to try and free up more 3060 supply for gamers.
  - Dylan16807 6y ago
    The restrictions were never going to work against industrial miners. What they actually do is make it harder for gamers to mine in their spare time, making it harder to offset the card cost and meaning big miners have more profit and can bid up prices even more.
  - Rule35 6y ago
    Because they screwed up the earlier launches unrelated to mining, because they practice annoying market segmentation anyways, because it's seen as a cash grab, because it isn't helping one bit despite the hassle, because stopping mining also degrades the value of the card for resale even if the original buyer is a gamer, and because restricted drivers are DRM and people hate that. They just have no credibility now so nobody believes it was to help anyone but themselves.
belltaco 6y ago
Getting a strong vibe of 'let them eat cake'.

xiphias2 6y ago

It's mostly short-sighted shareholders looking at quarterly results. I'm not sure long-term shareholders like the games NVIDIA is playing with the companies. They lost Tesla for self driving, Waymo didn't even consider them, even though they had early advantage in AI. Comma.ai started with NVIDIA chip as well. I think Jen Huang is brilliant, but he's listening to the wrong people.