Nvidia Becomes World’s First $5T Company

ft.com

11 pointssarimkx7 comments

Not on my 2020's bingo card at all. What a crazy run

I dunno, give me 25 squares and I can come up with some pretty stupid predictions.

Nvidia had solid buy-in with CUDA, was deeply integrated in datacenter/edge compute, winning in crypto, powering the Nintendo Switch and crushing benchmarks like King Kong. 5 trillion seems a bit out-there, but in 2019 I could tell they were criminally undervalued. All it would take to blow up their demand was a data-intensive server side application - at first people thought it was crypto, but now it's looking like AI/robotics.

it'll be 6T by end of November.

I won't rule out 10T until Apple and Tesla get their head out of their ass. The US economy is not in a good place right now, and their market caps won't survive on protectionist policy alone.

Scary stuff, it's starting to feel like a proper Halloween now.

Looking like the year of 2029 and around 2030 the latest as the absolute top of this euphoria and ridiculous valuations.

I retired in 2032

https://archive.fo/PG14y

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