Nvidia is now worth more than Intel

[sman]

Nvidia is now worth more than Intel

https://www.techspot.com/news/85932-nvidia-passes-intel-most-valuable-us-chipmaker.html

 

Edited July 10, 2020 by AdvancedSetup
removed political conjecture

[AdvancedSetup]

Topic has been edited. Please do not post political conjecture. All such topics are against forum policy

 

[exile360]

Not surprising, really.  NVIDIA is the top GPU maker, Intel has been losing shares to AMD, and Intel is spread very thin across a massive range of pursuits while NVIDIA is primarily focused on just 3 areas: compute/AI, self-driving cars, and graphics (including ray tracing, which they are fully invested in, particularly since they get double duty out of the tensor cores used for denoising in RT by using them for compute tasks on the server/AI side (which makes it suck that much more when they jack up the prices for their gaming GPUs given the fact that they're already selling their compute cards based on the same architecture for a mint to the professional world).

NVIDIA likely needs to worry about ARM and AMD more so than Intel, at least for the moment.  If Intel succeeds with their upcoming compute and gaming GPUs, their massive presence and leverage in the OEM space could leave NVIDIA with tons of GPUs and no buyers, aside from their gaming customers who build their own systems (that market typically buys NVIDIA even when AMD/ATI has offered a superior GPU for a cheaper price).

[AdvancedSetup]

My guess (not  based on any facts) is that due to the huge demand from people trying to mine Bitcoins that alone drove sales through the roof and allowed it.

 

[exile360]

Yes, it did.  Jensen Huang, NVIDIA's CEO, mislead shareholders, claiming that the huge rise in sales at the time was from 'gamers' and not cryptocurrency miners and was later called out on it when sales predictably dropped after GPUs were no longer the best tool for mining and once the bubble burst.

[AdvancedSetup]

Thanks for the update, confirmation @exile360 I have not followed the topic, just made sense to me as to why.

 

[exile360]

Yeah, and these days it's generally more efficient/profitable to use ASICs and other hardware more dedicated/specialized for the tasks.  The same issue plagues their efforts in the professional space, with some major customers like Amazon opting to build their own specialty hardware in-house rather than relying on GPUs from NVIDIA.  NVIDIA is still a strong company for now though, and no one touches them in the OEM space when it comes to gaming graphics, at least for now.  The next few years should be very interesting for the GPU landscape.

[AdvancedSetup]

I'm not much of a game player and don't mine coins so just can't see parting with $700 or more cash for high-end video cards.

I have an NVIDIA GeForce GTX 1070 Ti and that was expensive enough already

 

[exile360]

Yeah, I've got a GTX 1060.  I had a 1070, but that system croaked sadly.