From a quick look they have ~40B USD in liabilities and make ~115B USD gross profit. Being able to pay off the entirety of their debt with 4 months of profit seems pretty healthy to me.
Cool, in a not super cool way. Nvidia is kinda scummy but the work they do is valuable. I appreciate you dropping the facts on me, but im not sure how to feel about them.
I’m not a fan of them either, I wish AMD would step up and compete with them better (Just get ROCm into a good place FFS!), but they are definitely not one of the companies most exposed to an AI pop. They’ll stop being insanely profitable but they are not anywhere near the position of openAI and the likes who have massive negative profit.
Yeah, but dont they also have the largest promisory debt? Havent they loaned the most most money that they dont actually have?
From a quick look they have ~40B USD in liabilities and make ~115B USD gross profit. Being able to pay off the entirety of their debt with 4 months of profit seems pretty healthy to me.
Cool, in a not super cool way. Nvidia is kinda scummy but the work they do is valuable. I appreciate you dropping the facts on me, but im not sure how to feel about them.
I’m not a fan of them either, I wish AMD would step up and compete with them better (Just get ROCm into a good place FFS!), but they are definitely not one of the companies most exposed to an AI pop. They’ll stop being insanely profitable but they are not anywhere near the position of openAI and the likes who have massive negative profit.