this post was submitted on 05 Jun 2024
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Nvidia and other chipmakers produce actual, useful products. They'll be sitting pretty after the bubble pops.
Their main growth drivers are data centers, when demand will dry within 2 years, a bubble will pop. Especially when theoretical architecture of Neural Network change, the need for high performance will decrease.
See also: Sun Microsystems, who made tons of servers that drove the dotcom boom. They didn't fare so well afterword.
This is a "grab the pile of cash and be happy" situation.
CUDA has a lot of applications outside of AI. They'll just refocus on the next bubble and will continue hoarding wealth.
Then we'll all get cheaper GPUs! Oh no!
No not really, the GPUs that datacenters are buying doesn't even have a display output so they are useless to the vast majority of home users.
If you run a home lab then maybe.
Well, there are a period after the last Bitcoin bubble burst when the best way to get a good Graphics card for cheap was buying a used one from on the Bitcoin miner operations that were closing down.