this post was submitted on 21 Nov 2025
387 points (97.8% liked)

Technology

77084 readers
693 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
top 50 comments
sorted by: hot top controversial new old
[–] Assassassin@lemmy.dbzer0.com 213 points 2 weeks ago (2 children)

Let me fix that phrasing: "One of the richest men in the world complains that others did not give him more money after his business made so much money."

What a sad existence. Find some other form of validation, dude.

[–] ceenote@lemmy.world 84 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

Pretended to make a bunch of money. Stock buybacks and giving AI companies money so they'll use it to buy your hardware doesn't count.

[–] Saledovil@sh.itjust.works 29 points 2 weeks ago (2 children)

In a gold rush, the real money is in selling shovels. But you have to take cash upfront.

load more comments (2 replies)
[–] Assassassin@lemmy.dbzer0.com 11 points 2 weeks ago

Yeah, they did some shifty stuff to pad their numbers. They still made an absurd amount of money.

load more comments (1 replies)
[–] artyom@piefed.social 153 points 2 weeks ago (3 children)

the CEO said. “We’re basically holding the planet together — and it’s not untrue.”

No. No dude. No. Quite the opposite.

[–] CitizenKong@lemmy.world 74 points 2 weeks ago (1 children)

These billionaire fucks are completely delusional. They have to go.

[–] verdi@feddit.org 11 points 2 weeks ago* (last edited 2 weeks ago)

What I heard from scientists is claims need validation, I say we need power in our experimental setup to verify claims. Jensen says he is holding the planet together, so, let's eliminate Jensen and his next 5 in command in NVIDIA, n=6, and see if the planet breaks down. As a control, we cull Musk and his next 5 in command in Tesla and SpaceX. If the planet doesn't break down, we start doing it internationally to billionaires till there's a sign of a breakdown so we find out, empirically, how many billionaires are needed to support the planet. If we run out of billionaires before the planet breaks down, then the conclusion is the planet doesn't need billionaires. Who else wants to do science?

[–] Katzelle3@lemmy.world 7 points 2 weeks ago (2 children)

Eh, I still want x86 to go the way of the dodo.

[–] kkj@lemmy.dbzer0.com 10 points 2 weeks ago (1 children)

ARM too. RISC-V or bust. The whole Nuvia thing means that SoftBank can't be trusted.

load more comments (1 replies)
load more comments (1 replies)
load more comments (1 replies)
[–] CarbonatedPastaSauce@lemmy.world 141 points 2 weeks ago (8 children)

The arrogance in some of those quotes. Holy shit.

Jensen, you and your entire company could disappear without a trace, today, and the world would be just fine.

Probably better, in fact.

[–] shittydwarf@piefed.social 35 points 2 weeks ago

Much better

load more comments (7 replies)
[–] Grandwolf319@sh.itjust.works 127 points 2 weeks ago (4 children)

I never understood how capitalists claim market prices are the true source of truth and yet disagree with it when it’s not the outcome they like.

[–] MonkderVierte@lemmy.zip 40 points 2 weeks ago

Add a few personality disorders and it starts to make sense.

[–] fort_burp@feddit.nl 16 points 2 weeks ago

That's the neat part, it's a scam

[–] greenbelt@lemy.lol 9 points 2 weeks ago (1 children)

In a true free market stock prices would become totally random noise. Even the best capitalist theorists (economists) came to this conclusion.

load more comments (1 replies)
load more comments (1 replies)
[–] colourlesspony@pawb.social 90 points 2 weeks ago (2 children)

Well, most of that "incredible" quarter was just IOU's from Sam Altman.

[–] CompactFlax@discuss.tchncs.de 57 points 2 weeks ago (1 children)

IOUs backed in turn by IOUs

[–] oxysis@lemmy.blahaj.zone 25 points 2 weeks ago (2 children)

IOUs backed in IOUs that are from Nvidia, just a circle where no money actually changes hands

load more comments (2 replies)
load more comments (1 replies)
[–] kn0wmad1c@programming.dev 74 points 2 weeks ago (1 children)

Jensen doesn't seem to realize that the only company profiting from AI is nvidia, and they're profiting from companies that are losing money on AI. It's a very fragile ecosystem being over-inflated. A bubble, if you will.

[–] DragonTypeWyvern@midwest.social 30 points 2 weeks ago* (last edited 2 weeks ago)

Which is fine and dandy when you're paying fat dividends and not treating the inflated stock as the end goal itself.

Nvidia's annual dividend was .022%

To put that into perspective, Shell's is 3.83% and McDonald's is 2.41%.

Nvidia is showing all the signs of a business that has lost the plot. They're spending all their actual profit on buying their own products for other businesses and calling it an investment into infrastructure.

[–] DegenerateSupreme@lemmy.zip 49 points 2 weeks ago* (last edited 2 weeks ago)

CEO complains that his blatant circular investment infinite money glitch isn't convincing people that these perpetually unprofitable businesses are actually worth further investment.

[–] SirEDCaLot@lemmy.today 45 points 2 weeks ago (1 children)

The stock is down because the Overton window has shifted. Two or three months ago, AI was the future and question that was lunacy. Now it is a mainstream point of discussion that AI is a giant bubble, that it is entirely likely to pop at some point, and that the efforts pushing it so hard are bordering on irrational given the actual capability of the product.

If AI bubble pops, Nvidia loses. No more big tech companies with blank checks and open orders for AI chips that basically amount to 'please send us as many AI chips as you can manufacture whatever it costs we will pay'.

And, if anything there may be a surplus of AI chips and hardware in the market as companies that have built entire data centers for AI suddenly realize that paying millions for electricity so online idiots can generate videos of cats racing Roombas down F1 tracks is not a trillion-dollar business model.

[–] Truscape@lemmy.blahaj.zone 14 points 2 weeks ago (3 children)

I'll just be happy when gamers are able to get used GPUs at prices similar to "crypto crash" era or maybe even cheaper. That's one of the reasons I'm rooting for this bubble to pop.

[–] SirEDCaLot@lemmy.today 16 points 2 weeks ago (3 children)

Sadly I think you may be disappointed. The GPUs used for AI are not typical graphics GPUs, they aren't on PCIe cards with video ports. They are set up in configurations designed to cram as many chips as possible into as small a space as possible while still providing power and cooling for 100% output on all of them.

[–] Truscape@lemmy.blahaj.zone 9 points 2 weeks ago (2 children)

There still are a high amount of 4090s, modified 4080s, and 5090s in AI deployment (especially for their cost compared to the specialized stuff). It probably won't be the vast majority of cards, but it'll be nice to see in the used market.

I live in silicon valley, once that bubble bursts I'm going straight to craigslist and ebay lol

load more comments (2 replies)
load more comments (2 replies)
[–] Lfrith@lemmy.ca 7 points 2 weeks ago

Yeah, our memory prices have been affected too by the stupid AI shit.

load more comments (1 replies)
[–] RizzRustbolt@lemmy.world 29 points 2 weeks ago

The entire market saw the US government shovelling money in to your loading dock, Jennie. The market may be ignorant, but they're not stupid.

[–] verdi@feddit.org 27 points 2 weeks ago

Rich man complains investors saw through his circular financing scam to artificially inflate his ~~criminal gang's~~ enterprise's stock price.

[–] kami@lemmy.dbzer0.com 27 points 2 weeks ago

What a crybaby...

[–] paraphrand@lemmy.world 26 points 2 weeks ago

He’s had an ego like this for a long time. I’m glad more people see it now.

[–] thesohoriots@lemmy.world 25 points 2 weeks ago

The market doesn’t give a shit about you or your company. The people who bet lots of money on your company’s success or failure give a shit about whether your company is a pile of rubble in x amount of time when they can cash out.

[–] khepri@lemmy.world 21 points 1 week ago (2 children)

Passing the same $300 billion dollars back and forth between 5 companies does not make a great quarter ya nob, everyone sees how close the game is to falling apart.

load more comments (2 replies)
[–] Jhex@lemmy.world 17 points 2 weeks ago (1 children)

"If we delivered a bad quarter, it is evidence there's an AI bubble. If we delivered a great quarter, we are fueling the AI bubble."

The proper way to read this is:

"We absolutely, 100% are in an already over inflated bubble, therefore if we deliver a bad quarter it could be a sign of the bubble popping. If we deliver a good quarter, we are fueling the bubble further"

I wonder how the quarters are going to look next year when OpenAI cannot pay Oracle 6 times their current revenue in contracts, and therefore Oracle won't deliver the contracted Data Center capacity requiring 2 non-existen Hoover Dams worth of power to run them and therefore NVidia will be left holding the bag on millions of commissioned but not sold GPUs

load more comments (1 replies)
[–] themurphy@lemmy.ml 16 points 2 weeks ago

Should be illegal for a company to comment on the stock market. It's basically manipulation.

[–] Lucelu2@lemmy.zip 16 points 1 week ago* (last edited 1 week ago) (2 children)

I sold off my Nvidia stock about 3-4 weeks ago in the effort of divesting myself of all the AI futures. I also had sold off Amazon, MS, Intel, etc. (I never owned Tesla). With the money I bought Berkshire Hathaway, med tech/pharm stocks and stock of my local energy supplier since they hiked my rates those MFers, as well as a chip corp opening a fab here. Also can't go wrong with MC. I keep away from crypto and consider AI a poison pill... worse than the real estate bubble in the early 2000s. Just want to say, I am not a huge investor... I just decided to buy stocks instead of shoes cuz they take up less space and tend to increase in value vs lose value. No one sells their shoes.

I also moved some money into European and Asian stocks.

load more comments (2 replies)
[–] BeatTakeshi@lemmy.world 15 points 2 weeks ago

No one will appreciate when you crash the entire economy either you greedy cow

[–] the_q@lemmy.zip 15 points 2 weeks ago

This guy is certifiably evil.

[–] wewbull@feddit.uk 13 points 2 weeks ago (1 children)

“We’re basically holding the planet together — and it’s not untrue.”

So he admits that it's a bubble set to burst.

load more comments (1 replies)

aww, Jacket man fall down go boom?

[–] tal@lemmy.today 11 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I mean, they did make a lot of money, but they also had an extremely high valuation.

https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio

NVIDIA PE ratio as of November 20, 2025 is 48.45.

Something like 20 is typical for a mature company. Tech companies have, in the past, often had higher ratios, but that's based on their expectation to grow a lot rapidly, and expecting NVidia to dramatically grow from their current


already very high


valuation is asking a lot.

If NVidia were a small tech company that was doing well and clearly had a lot of market to expand into rapidly, that would be one thing.

I think that in general, the market has been pretty good to NVidia. Their share price is up 31.22% since the start of the year. 1,247% over the past five years.

[–] Flagstaff@programming.dev 6 points 2 weeks ago

Ha, you think that's high? Don't look at PLTR's P/E, then.

[–] TheTimeKnife@lemmy.world 9 points 2 weeks ago (1 children)

Yeah because more information has come out about Nvidias fraudulent investing and valuation.

[–] kkj@lemmy.dbzer0.com 6 points 2 weeks ago (1 children)

A halfway decent SEC would be torching them right now, but I'm sure Trump has appointed people who are for sale for very cheap.

load more comments (1 replies)
[–] Cyberflunk@lemmy.world 7 points 1 week ago

now they are interested in linux

coward bitches

[–] FahrenheitGhost@lemmy.world 7 points 1 week ago

Meanwhile on the Titanic:

"People are getting so upset about a little water in the hull. They clearly don't appreciate how great the trip has been so far!"

[–] prole@lemmy.blahaj.zone 6 points 1 week ago

The market didn't appreciate that you had a good quarter?

The fuck kind of bullshit logic is that?

load more comments
view more: next ›