Nvidia's Stock Up On Demand For AI Chips

[Guest]

Nvidia stock is up more than 14% after the company reported quarterly revenue of $1.94 billion, up 48% year over year.

Nvidia's Stock Up On Demand For AI Chips : Read more

 

[derekullo]

To which AMD replied;

"Numbers aren't everything"

 

[bit_user]

To which AMD replied;

"Numbers aren't everything"

Of course AMD cares about numbers, but their strategic misstep was focusing on high-volume low-margin products, like consoles and low/mid-range gaming (Polaris).

For too long, their GPU Compute strategy was "if you build it, they will come", where "it" was an open standards-based platform. Only in the last couple years did they finally started sponsoring people to port things like deep learning frameworks to support OpenCL (which of course also benefits Intel and others). The sad thing is that they even had technical superiority in GPU compute, up until about 2013. But Nvidia passed them with Maxwell and I have to wonder if they'll ever catch up.

Source: https://www.karlrupp.net/2013/06/cpu-gpu-and-mic-hardware-characteristics-over-time/

The double-precision pictures look a bit better, for AMD... until Pascal. And that doesn't help with machine learning.

 

[falchard]

Just goes to cement why AMD is a stronger stock right now. $984 billion for AMD $1305 billion for nVidia. Usually AMD isn't this close to nVidia in revenue. It's stock price is now around $10 verse nVidia's $121. Last year if you bought 1 share of nVidia or 50 shares of AMD, you would be rolling in the dough with AMD. AMD will still probably yield a better return than nVidia until Fall.

 

[redgarl]

Nvidia stock has no reason to be that expensive, absolutely no reason. They are shoveling cloudware except of their graphic department. Seriously, saying you work on self-driving car now make your stock go 15$ higher... doesn't mean you have anything to sell.

And now they are working on AI... woooooo.... Let's buy some stock... seriously, am I the only one seeing something wrong?

 

[redgarl]

We all know Vega is around 12.5 TFLOP, and that's not a Titan prenium. The big question is how well it will do in application and what the single point performance can really bring to the table.

AMD won a battle at least with Freesync. Now it will be interesting to see if Crossfire will still be a priority or a good implementation.

 

[redgarl]

Derekullo, at least they are selling something... with Scorpio and PS5 coming around, they are selling a lot of chips.