Local man doubts gold in them thar hills.
Shovel sellers in shambles.
Upcoming one time charge to open Golden Parachutes for all current c-suites.
They’re at where they were in April 2026. Looking like the AI peak was at the start of October. I think its still to early to say whether the bubble is bursting since a similar drop happened in April last year.
I want to see Tesla and Amazon lose all their money, a CEO banging a Chinese spy is nothing.
China is already kicking your arse America, Your have lost, China is the winner.
Well China can’t compete with how much money you send Israel to let those terrorists brutally murder Muslim children so I guess it’s a tie???
Please China please take over, I can’t keep seeing America pump billions into Israel so they can kill and rape and be the new Nazis.
Netanyahu is worse than Hitler, he saw what Hitler did to his grandparents and he went “LOL let me one up this Hitler cunt!”
Free Palestine, China is the future!
The US falling does not mean China will supplant them. China struggles to build alliances and have serious border disputes with nearly all of their neighbours due to Chinese imperial ambitions in the region, and how the CCP treats diplomacy.
Also, the AI bubble is popping in China too which has shed hundreds of billions too.
We can criticize and should criticize US and Israel, without glorifying another despotic regime.
I dont really know why the market makes such a big deal from the spy thing. It’s not going to affect Nvidia at all. Maybe his marriage goes to hell, but thats about it.
People think he shared secrets with her that the Chinese can use to build the next Nvidia? You need a lot of technical knowledge to do that and it’s not something you learn in bed.
You need a lot of technical knowledge to do that and it’s not something you learn in bed.
It can however be used for blackmail to obtain such secrets. He should have access to all the company files after all.
Schematics are great, but without the equipment to do high end lithography you’re still sitting there with two thumbs and no chip.
I could probably describe the technical details of making a computer chip, including relevant chemicals, off the top of my head. I would need an additional 10B in funding and several world governments to back me buying even a single lithography machine capable of actually doing the work.
Yeah but I don’t see how she would be able to tell him to share that with her. He would obviously just confess to being unfaithful. Maybe that’s what happened.
I dont think being unfaithful has a very serious stigma these days. It’s very easy to relate to as a guy that it may happen. Guys have a hard time resisting temptation, everyone knows that.
This just means it was always overvalued. They only lost value invented by airhead dry traders.
All value of any stock is invented by traders.
Let me Quote Kylo Ren:
Please let it crash and the price of pc parts start to come down… My ceiling fell on my pc last week and replacing the ceiling is already too expensive let alone the pc :(
Who would build the Pc Hardware after the bubble bursts and all the big players are bankrupt or at least in huge financial troubles? All the parts that are build today are unusable outside of datacenters. What we have after a crash are storage houses full of hardware incompatible with consumer PC and a shattered industry. The prices for hardware will skyrocket to mars after a crash, because not only would the demand still way outnumber the production but also would the companies have huge losses and debts and costs. And that’s not considering the effect that a bursting bubble of that proportion would have on the global economy of the western countries, the collapses will be apocalyptic.
The last that anyone should want is a bursting of this bubble.
If bubbles like these don’t pop we’re looking at killing the entire planet to feed the hunger of a couple tech oligarchs so like fuck it pop that bubble. The current western world is marching us towards a slow shitty apocalypse anyways might as well pull that bandaid off earlier to buy time and hope we can get on track to actually fixing shit
Killing the entire planet to feed Americans aged over 55. Who own 73% of that entire country. That’s who benefits from nvidia stock going up forevermore. Yay retirement funds.
What we need is regulations and a controlled shrinkage of that bubble, not a world shattering implosion of all finance and production markets in a huge pop. Else we will get famine, war and absolute chaos all over the world and that will then burn the world much more then the datacenters ever could.
Clearly you haven’t been paying enough attention but there’s already war, famine and chaos across the globe, mostly due to the actions of the western countries.
deleted by creator
If there are piles of unused data center inventory laying around for super cheap, a market for them being repurposed for consumer use will happen somehow.
I’m not so sure. I’m involved in power, cooling, HVAC of data centers as an electrician. Some of these server racks are all liquid cooled and not like an AIO you slap in a desktop, it needs to handle tens of thousands of kw of heat per rack. They don’t run on typical home power, often running on high voltage like 700v DC as a source, are loud and power hungry, relying on industrial grade UPSes and power distribution units or diesel generators in the event of loss of power. They’re built for hundreds of gigabits per second networking via fibers.
I’m not involved in the nitty gritty of what every motherboard or GPU is like but these places absolutely design high level industrial enterprise gear that is specific to doing the task they need. It would take some massive redesign to be able to re-use boards but anything’s possible I guess if a company had a method of taking decommissioned gear.
The problem is they say “we will buy out your entire production capability for the next 4-5 years” to RAM and GPU and chips manufacturers, so consumer grade equipment is kind of an afterthought and thus they scale it back and jack up the prices
The key part of your energy dissipation requirement is that it’s per rack. A home user wouldn’t need an entire rack of compute, so a case built for only one or two boards would have nowhere near the same cooling requirements.
Also designing a different power supply is very trivial. The silicon itself is only running at 1-2v, it’s not like they’re passing 700vdc through the actual compute boards.
The hardware can’t really be repurposed, it is build for an very specific use case. The AI accelerators for example can’t be just used as graphic card, even if they use lots of the same parts, but the whole layout and interfaces are completely different. We are speaking of highly integrated hardware with extremely specified firmware that is guarded by sophisticated encryption layers.
Even if some hardware hackers find ways to crack, modify and repurpose some of it, then nothing on the large scale will change. Such modifications would be extremely difficult and time consuming (aka expensive) and only a very small percentage of people have the skill, knowledge and/or the equipment do do something like that.
We are far away from the 80s where it was easy to tinker with hardware.
Lol, peak lemmy…
“destroy everyone’s retirement funds and take all the AI accelerators to use in gaming PCs!!” +20 upvotes and cheering…
“AI accelerators can’t be used for gaming… they dont even have HDMI/DP outputs.” -3 downvotes
Lol
Who’s going bankrupt? Nvidia did over 200 billion in stock buybacks and still has more money than they know what to do with. They’re preparing for the burst already, they just want everyone else to keep buying their servers in the meantime.
Yeah, but when the bubble pops then all that money that was created by circlurar financing will be vanish from one second to the other. They don’t really have that money as liquid currency but it is part of a huge net of interwoven transactions between all the AI companies. And yes, Nvidia will most likely not get bankrupt but a lot of other compaines will do, and the ones who will survive will see extremly huge losses. The effect on the global finance market will make the Wall Street crash of 1929, the 2008 financial crisis, and all other crisis together look like a fun day in kindergarden.
The western countries that can’t stop doing illegal wars and genocides?
Uhh… Good?
8 months ago I moved 50% of my 457b money out of Amazon, meta, and Nvidia. I put it into Taiwan semiconductors, lithium and other minerals mining abroad. My ROI went from 21% to 10%, but hopefully I won’t be holding the bag when the bubble pops. Since taiwan makes custom chips for everyone else, I figure they will have income streams from non-AI industries and not be hit as hard. Along with the big push to renewable energy everywhere else, battery production and mineral production will probably be ok too.
What is 457b money? You have 457 billion? Or it’s a name for some investment account?
… Keep sliding
Poor Nvidia. I can’t even begin to fathom how much this hurts.
You know companies don’t have feelings right?
People running the companies have feelings about money.
Most shares are owned by retirement funds. It’s a tiny part of what they own.
The wealthiest Americans have never owned so much of the stock market, with the top 10% now holding a record 93% of US equities, according to Federal Reserve data.
Americans broadly have been participating in the stock market at a higher rate, with a record 58% of households owning stocks in 2023, according to the Fed’s Survey of Consumer Finances.
Still, stock ownership is skewed toward the top: by comparison, the bottom 50% of Americans owned just 1% of all stocks and mutual fund shares in the third quarter, central bank data shows.
From 2 years ago, but I can’t imagine the situation has changed for the better since then.
They’re down like 1.17% year to date, but it seems like the hype train has finally ran out of steam.
They’re gonna be the last to fall because they’re at the eye of the storm.
Look at Kioxia for example: +124% year to date, and yet down 52.4% just this month.
It’s a massive sell-off and it’s still accelerating.
What’s Kioxia?
s/Worth/Valued/
It’s never been worth what they claim.
Price is what you pay; value is what you get; worth is an opinion.
Since, my friend,
you have revealed your deepest fears,
I sentence you to be exposed
before your peers!
TEAR DOWN THE WALL!
Oh man, pink floyd. Fucking awesome
I realize this is a controversial take - but I think The Wall is their best album.
::checks wallet::
Not affecting me, still broke.
Hooray!
So they care about gamers again?
No, they aren’t THAT broke.
Yet
Nope.
