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In literature on the financial markets, authors routinely discuss how retail will decide to invest in companies in less time than it takes them to order lunch,
by uncivilized 2y ago
In literature on the financial markets, authors routinely discuss how retail will decide to invest in companies in less time than it takes them to order lunch, or in this case write a comment on a forum.
This comment is the epitome of that considering how Groq has near zero revenue while Nvidia brings in close to $100b annually with over 50% profit margins.
This is how both numbers can be correct at the same time.
- eigenvalue 2y agoYeah, except I worked for a decade doing investment management at large hedge funds. And I'm also very familiar with the product offerings of both companies and think Groq is on an extreme growth trajectory. NVDA is extremely overvalued right now based on optimism around AI compute. If that optimism is warranted, then Groq is likely to 10x or more from here in the next few years.
- uncivilized 2y ago[flagged]
- aurareturn 2y agoOr Nvidia builds an inference-only chip, uses its already well-oiled CUDA to support all models out of the box, and destroys Grog's market? Just because Grog is starting out smaller, doesn't mean they will actually survive to 10x their current valuation. 2.8 * 10 = 28 billion. Very few companies ever reach that point.