What sort of transition, exactly? Their core business is intact and they're strongly positioned in AI and autonomous driving.
It seems like you're blaming management for the fact that the stock market mispriced the long-term value of crypto mining.
It seems like you're blaming management for the fact that the stock market mispriced the long-term value of crypto mining.
I think a lot of people see an opportunity to try to take a slice of the big compute market for ML/AI. who knows if these alternatives really are viable....
but google has a lot of smart people and building your own silicon seems like a great idea these days..so I think other people will attack their stack.
I am really hoping to see AMD entering the battlefield. AMD GPUs are more than capable of handling the workload it is just a software problem.
Nvidia based their own revenue guidance on the same assumptions about crypto mining that market analysts made. They missed their guidance in November because of that.