3 ms·

How do they keep doing this

nabla9 2y ago
as long as supply << demand.
trhway 2y ago
in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. In our post-Industrial age software provides the moat protecting your hardware margin. The IBM's PC cloning was the perfect illustration when such a moat wasn't utilized. Everybody learned the lesson, pushed for DMCA and the likes and here we're. Speaking about how high is the specific moat here - NVDA had great foresight starting to develop their CUDA almost 20 years ago. I at the time was thinking - the HPC market couldn't be that big to support that investment. Well, when 10 year ago the GPU deep learning arrived with AlexNet the CUDA was ready for that Valkyrie ride we've been seeing since then while all the other players are only starting to wake up at best. That is on supply side. On the demand side - if any projections about AI even in nanobots in your blood come even partially true - we have decades of AI technology growth ahead, and like with other foundational technologies of our civilization - electricity and the internet and the space (guess who is going to mine He3 on the Moon?) - it will be everywhere. NVDA probably like any other company will stagnate and become MBA heaven like say IBM or even rot and perish and/or somebody will come up with completely different technology for AI leaving NVDA in the dust, yet it is hard to see how it can take less than coupe of decades (i.e. hardly can happen until Jensen leaves). (i'm long if any asks :)
- nabla9 2y ago
  > in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. Minor correction. They stole the technology. When British invented textile mills they had strict law against exporting the designs. Cotton was bought from the US to Britain and made into textiles. Samuel Slater is considered the Father of the American Industrial Revolution was called "Slater the Traitor" in Britain. He memorized the textile factory machinery designs when he worked as an apprentice, then moved to the US. Americans, Japanese, Chinese industrialization follows the same proud tradition. You steal when you can't get it any other way.
  - soulofmischief 2y ago
    I couldn't really care less about what CorpGov considers stealing with respect to open distribution of information.
  - theGnuMe 2y ago
    “Beginner poets imitate. Jedi poets steal.”
erickj 2y ago
Think of their revenue in an ecosystem. Google announced 2 weeks ago that its Q1 capex for datacenters and servers was $12B. This was up 100% y/y. Goog also expects for this capex spend to be ongoing... A healthy chunk of that is all going to Nvda
chaostheory 2y ago
They have no viable competitors at the moment, and there's still a gold rush for AI.

as long as supply << demand.

in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. In our post-Industrial age software provides the moat protecting your hardware margin. The IBM's PC cloning was the perfect illustration when such a moat wasn't utilized. Everybody learned the lesson, pushed for DMCA and the likes and here we're. Speaking about how high is the specific moat here - NVDA had great foresight starting to develop their CUDA almost 20 years ago. I at the time was thinking - the HPC market couldn't be that big to support that investment. Well, when 10 year ago the GPU deep learning arrived with AlexNet the CUDA was ready for that Valkyrie ride we've been seeing since then while all the other players are only starting to wake up at best. That is on supply side. On the demand side - if any projections about AI even in nanobots in your blood come even partially true - we have decades of AI technology growth ahead, and like with other foundational technologies of our civilization - electricity and the internet and the space (guess who is going to mine He3 on the Moon?) - it will be everywhere. NVDA probably like any other company will stagnate and become MBA heaven like say IBM or even rot and perish and/or somebody will come up with completely different technology for AI leaving NVDA in the dust, yet it is hard to see how it can take less than coupe of decades (i.e. hardly can happen until Jensen leaves). (i'm long if any asks :)

nabla9 2y ago
> in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. Minor correction. They stole the technology. When British invented textile mills they had strict law against exporting the designs. Cotton was bought from the US to Britain and made into textiles. Samuel Slater is considered the Father of the American Industrial Revolution was called "Slater the Traitor" in Britain. He memorized the textile factory machinery designs when he worked as an apprentice, then moved to the US. Americans, Japanese, Chinese industrialization follows the same proud tradition. You steal when you can't get it any other way.
- soulofmischief 2y ago
  I couldn't really care less about what CorpGov considers stealing with respect to open distribution of information.
- theGnuMe 2y ago
  “Beginner poets imitate. Jedi poets steal.”

erickj 2y ago

Think of their revenue in an ecosystem. Google announced 2 weeks ago that its Q1 capex for datacenters and servers was $12B. This was up 100% y/y. Goog also expects for this capex spend to be ongoing... A healthy chunk of that is all going to Nvda

chaostheory 2y ago

They have no viable competitors at the moment, and there's still a gold rush for AI.