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Nvidia overtakes Apple as the second most valuable company.
(www.cnbc.com)
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this post was submitted on 05 Jun 2024
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That's the thing: no new products were announced.
For consumers. They're pushing put giant power hungry gpus for data centers to power LLM.
Most of the valuation is likely consumers hyping the bull run, and speculation about just how much b2b revenue they will get.
They didn't though. Blackwell was announced before this, and there isn't any real specifics besides showing some prototypes. There's some software stuff about improving Pandas and pregenerated LLMs. That's about it.
Dont product announcements usually precede the stock hype?
No, usually it’s buy the hype sell the news.
This weekend I proposed to my girlfriend, here's what it taught me about B2B sales...
I take back what I said in that case.