• ThomasWilliams@lemmy.world
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    17 minutes ago

    On a strategic level, however, by earmarking just around $7 billion for Poolside, NVIDIA is gaining a significant hedge against a possible collapse in demand for its GPUs,

    NVIDIA claims it will get $600 bin in revenue next year. This isn’t even a wee in a tsunami .

  • ChicoSuave@lemmy.world
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    5 hours ago

    Half of FAANG is built on this circular financial lie. So many people banking on index funds will lose their retirement.

      • mursejoy@lemmy.zip
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        1 hour ago

        This is my exact thought. If my IRA tanks because of total market index funds… not having a retirement will be the least of my worries. The entire country will collapse long before I make it to 67.