4 ms·
Market power just means having a negotiating position that allows you to determine prices, regardless of how that negotiating position is obtained. It can eithe
by est31 3y ago
Market power just means having a negotiating position that allows you to determine prices, regardless of how that negotiating position is obtained. It can either come from illicit means (say cartels for example), or from true innovation and investing into the right things.
I think that both the customers of Nvidia as well as the competition are keen on replacing it (given the scale that many of the big customers work at, I'm sure they can afford the engineers to migrate the LLM models to ROCm if it were a viable alternative), but it seems that they cannot manage to make replacements fast enough.
> The most interesting detail is that Nvidia managed to double sales without incurring additional costs
- mensetmanusman 3y agomarket power also comes from a material log jam because we can't make GPUs fast enough to satisfy demand, so the wealthiest customers choose the price because the GPUs built essentially go to auction.