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USA spends $1T+ per year on "defense". Nvidia's entire annual operating expense is about $21B. So I'd say they have a little way to go.
by paxys 10mo ago
USA spends $1T+ per year on "defense".
Nvidia's entire annual operating expense is about $21B.
So I'd say they have a little way to go.
- jiggawatts 10mo agoTheir revenues last quarter were $57B and by all accounts that’s still increasing! If they hire asian locals to cut costs, then they’re within spitting distance of US Military spending, adjusted for purchasing power. Keep in mind they won’t need to pay for nuclear weapons maintenance, veterans, etc… so there’s hundreds of billions in savings right there. They could also just issue more shares and raise a trillion or two through the capital markets.