Comment on Nvidia becomes first company to reach $4tn in market value

• EditsHisComments@lemmy.world ⁨5⁩ ⁨days⁩ ago

  If they had more companies to compete with, then more taxes would be paid. But, regardless of how many competitors they have, if they paid more taxes then they wouldn’t have quite the market value that they do.

  The whole reason these companies have such insane market values is because they’ve spent so much time and money artificially inflating their stock prices and by raising the barriers for entry into their industries

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• FRYD@sh.itjust.works ⁨5⁩ ⁨days⁩ ago

  I dunno if OP meant so, but Nvida’s value is propped up entirely by big tech hyper scalers. If they got broken up years ago, we wouldn’t have to watch them pour an unholy amount of money into a dead end technology in a desperate search for a new thing to monopolize.

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  • Blue_Morpho@lemmy.world ⁨5⁩ ⁨days⁩ ago

    If they got broken up years ago

    The problem is how do you break up a design team? My experience in hardware industry is that its a very tiny team of people making doing the silicon design and then hundreds/thousands of support engineers doing support hardware (like board layout that the chips will go on), software drivers and testing.

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    • FRYD@sh.itjust.works ⁨5⁩ ⁨days⁩ ago

      I meant the big tech firms buying nvidia gpus and driving up the share price. If Google/FB/Amazon/etc got broken up, they wouldn’t be trying to squeeze infinite money out of so called AI and nvidia wouldn’t be a $4 trillion balloon.

      I don’t think nvidia could be broken up much like you say, but it’s still only worth so much because of all the other monopolies (that’d be easier to break up) paying into it.

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      • Blue_Morpho@lemmy.world ⁨4⁩ ⁨days⁩ ago

        If there were more Google/FB/Amazons there would be even more hardware purchases because there would be more companies competing to dominate AI.

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