the CEO said. “We’re basically holding the planet together — and it’s not untrue.”
No. No dude. No. Quite the opposite.
Nvidia CEO Jensen Huang complains about stock price slide during all-hands meeting — says market did not appreciate company’s ‘incredible’ quarter
Submitted 3 weeks ago by throws_lemy@lemmy.nz to technology@lemmy.world
Comments
artyom@piefed.social 3 weeks ago
CitizenKong@lemmy.world 3 weeks ago
These billionaire fucks are completely delusional. They have to go.
verdi@feddit.org 3 weeks ago
What I heard from scientists is experiments need validation, I say we need power in our experimental setup to verify claims. Jensen says he is holding the planet together, so, let’s eliminate Jensen and his next 5 in command in NVIDIA, n=6, and see if the planet breaks down. As a control, we cull Musk and his next 5 in command in Tesla and SpaceX. If the planet doesn’t break down, we start doing it internationally to billionaires till there’s a sign of a breakdown so we find out, empirically, how many billionaires are needed to support the planet. If we run out of billionaires before the planet breaks down, then the conclusion is the planet doesn’t need billionaires. Who else wants to do science?
Katzelle3@lemmy.world 3 weeks ago
Eh, I still want x86 to go the way of the dodo.
kkj@lemmy.dbzer0.com 3 weeks ago
ARM too. RISC-V or bust. The whole Nuvia thing means that SoftBank can’t be trusted.
RizzRustbolt@lemmy.world 3 weeks ago
Nooooo! All my stuff is there!
dan69@lemmy.world 3 weeks ago
🫧
CarbonatedPastaSauce@lemmy.world 3 weeks ago
The arrogance in some of those quotes. Holy shit.
Jensen, you and your entire company could disappear without a trace, today, and the world would be just fine.
Probably better, in fact.
shittydwarf@piefed.social 3 weeks ago
Much better
Zetta@mander.xyz 3 weeks ago
I get your hate, but there would be significant turmoil in the world if the largest and most advanced GPU provider disappeared. So you’re sorta lying.
Scientific advances would slow and engineering tasks would also suffer from the lack of capability to run simulations. Eventually, AMD and Intel would pick up the slack and the world would start doing well again.
kn0wmad1c@programming.dev 3 weeks ago
Yes, but, let’s speculate a second.
Jensen is just a guy, nvidia is just a company. If they both disappeared, the people who are actually responsible for the company to be “one of the largest and most advanced” in the industry would still exist.
They have a specific skillset that would then be in demand. Let’s say three or four of these people open new GPU chipset companies to fill the void with backing from desperate investors.
Now you have three or four advanced GPU providers all competing with each other. Who benefits the most from this?
Consumers. Us.
CarbonatedPastaSauce@lemmy.world 3 weeks ago
Calling someone a liar isn’t a great way to start a discussion.
cv_octavio@piefed.ca 3 weeks ago
Yes as we all know, the nuclear furnace that is the sun depends on Nvidia.
Smoke some more sparky.
Lucelu2@lemmy.zip 2 weeks ago
Nah, we would just get great bargain basement prices on GPUs.
Grandwolf319@sh.itjust.works 3 weeks ago
I never understood how capitalists claim market prices are the true source of truth and yet disagree with it when it’s not the outcome they like.
MonkderVierte@lemmy.zip 3 weeks ago
Add a few personality disorders and it starts to make sense.
fort_burp@feddit.nl 3 weeks ago
That’s the neat part, it’s a scam
greenbelt@lemy.lol 3 weeks ago
In a true free market stock prices would become totally random noise. Even the best capitalist theorists (economists) came to this conclusion.
fort_burp@feddit.nl 3 weeks ago
Capitalist theorists, you say? I call them astrologers for the wealthy.
NotMyOldRedditName@lemmy.world 2 weeks ago
capitalists claim market prices are the true source of truth
Until any sizable amount decides to sell and it all falls apart because it’s actually not the source of truth lol.
colourlesspony@pawb.social 3 weeks ago
Well, most of that “incredible” quarter was just IOU’s from Sam Altman.
CompactFlax@discuss.tchncs.de 3 weeks ago
IOUs backed in turn by IOUs
oxysis@lemmy.blahaj.zone 3 weeks ago
IOUs backed in IOUs that are from Nvidia, just a circle where no money actually changes hands
Lucelu2@lemmy.zip 2 weeks ago
Oh, the guy who intimated that the US gov will have to bail their asses out because their futures were TBTF. I will be happy to see that guy in prison for his pyramid schemes.
kn0wmad1c@programming.dev 3 weeks ago
Jensen doesn’t seem to realize that the only company profiting from AI is nvidia, and they’re profiting from companies that are losing money on AI. It’s a very fragile ecosystem being over-inflated. A bubble, if you will.
DragonTypeWyvern@midwest.social 3 weeks ago
Which is fine and dandy when you’re paying fat dividends and not treating the inflated stock as the end goal itself.
Nvidia’s annual dividend was .022%
To put that into perspective, Shell’s is 3.83% and McDonald’s is 2.41%.
Nvidia is showing all the signs of a business that has lost the plot.
DegenerateSupreme@lemmy.zip 3 weeks ago
CEO complains that his blatant circular investment infinite money glitch isn’t convincing people that these perpetually unprofitable businesses aren’t actually worth investing in.
SirEDCaLot@lemmy.today 3 weeks ago
The stock is down because the Overton window has shifted. Two or three months ago, AI was the future and question that was lunacy. Now it is a mainstream point of discussion that AI is a giant bubble, that it is entirely likely to pop at some point, and that the efforts pushing it so hard are bordering on irrational given the actual capability of the product.
If AI bubble pops, Nvidia loses. No more big tech companies with blank checks and open orders for AI chips that basically amount to ‘please send us as many AI chips as you can manufacture whatever it costs we will pay’.
And, if anything there may be a surplus of AI chips and hardware in the market as companies that have built entire data centers for AI suddenly realize that paying millions for electricity so online idiots can generate videos of cats racing Roombas down F1 tracks is not a trillion-dollar business model.
Truscape@lemmy.blahaj.zone 3 weeks ago
I’ll just be happy when gamers are able to get used GPUs at prices similar to “crypto crash” era or maybe even cheaper. That’s one of the reasons I’m rooting for this bubble to pop.
SirEDCaLot@lemmy.today 3 weeks ago
Sadly I think you may be disappointed. The GPUs used for AI are not typical graphics GPUs, they aren’t on PCIe cards with video ports. They are set up in configurations designed to cram as many chips as possible into as small a space as possible while still providing power and cooling for 100% output on all of them.
Lfrith@lemmy.ca 3 weeks ago
Yeah, our memory prices have been affected too by the stupid AI shit.
Lucelu2@lemmy.zip 2 weeks ago
woo hoo! I am thinking about the tower of my son’s gaming computer who’s nvidia card died… and they were total dicks about replacing it. I can’t wait to buy a better one at a major loss to them off ebay.
verdi@feddit.org 3 weeks ago
Rich man complains investors saw through his circular financing scam to artificially inflate his
criminal gang’senterprise’s stock price.RizzRustbolt@lemmy.world 3 weeks ago
The entire market saw the US government shovelling money in to your loading dock, Jennie. The market may be ignorant, but they’re not stupid.
kami@lemmy.dbzer0.com 3 weeks ago
What a crybaby…
thesohoriots@lemmy.world 3 weeks ago
The market doesn’t give a shit about you or your company. The people who bet lots of money on your company’s success or failure give a shit about whether your company is a pile of rubble in x amount of time when they can cash out.
paraphrand@lemmy.world 3 weeks ago
He’s had an ego like this for a long time. I’m glad more people see it now.
khepri@lemmy.world 3 weeks ago
Passing the same $300 billion dollars back and forth between 5 companies does not make a great quarter ya nob, everyone sees how close the game is to falling apart.
TankovayaDiviziya@lemmy.world 2 weeks ago
Yup. Sounds like a Ponzi scheme.
Tollana1234567@lemmy.today 2 weeks ago
its like latchcomb, they keep passing it to whoever so the spike trap doesnt activate.
Jhex@lemmy.world 3 weeks ago
“If we delivered a bad quarter, it is evidence there’s an AI bubble. If we delivered a great quarter, we are fueling the AI bubble.”
The proper way to read this is:
“We absolutely, 100% are in an already over inflated bubble, therefore if we deliver a bad quarter it could be a sign of the bubble popping. If we deliver a good quarter, we are fueling the bubble further”
I wonder how the quarters are going to look next year when OpenAI cannot pay Oracle 6 times their current revenue in contracts, and therefore Oracle won’t deliver the contracted Data Center capacity requiring 2 non-existen Hoover Dams worth of power to run them and therefore NVidia will be left holding the bag on millions of commissioned but not sold GPUs
Lucelu2@lemmy.zip 2 weeks ago
what pisses me off about this whole AI bullshit bubble are the higher energy prices I am being charged for their data centers. It moved me to purchase shares in National grid to hedge this shit.
Lucelu2@lemmy.zip 2 weeks ago
I sold off my Nvidia stock about 3-4 weeks ago in the effort of divesting myself of all the AI futures. I also had sold off Amazon, MS, Intel, etc. (I never owned Tesla). With the money I bought Berkshire Hathaway, med tech/pharm stocks and stock of my local energy supplier since they hiked my rates those MFers, as well as a chip corp opening a fab here. Also can’t go wrong with MC. I keep away from crypto and consider AI a poison pill… worse than the real estate bubble in the early 2000s.
piecat@lemmy.world 2 weeks ago
I made good money off nvidia. Not going to be a bag holder.
Tollana1234567@lemmy.today 2 weeks ago
nvidia/AI tech is hoping another industry will be the bag holder, thats why they are peddling to retail/service industries.
BeatTakeshi@lemmy.world 3 weeks ago
No one will appreciate when you crash the entire economy either you greedy cow
themurphy@lemmy.ml 3 weeks ago
Should be illegal for a company to comment on the stock market. It’s basically manipulation.
the_q@lemmy.zip 3 weeks ago
This guy is certifiably evil.
wewbull@feddit.uk 3 weeks ago
“We’re basically holding the planet together — and it’s not untrue.”
So he admits that it’s a bubble set to burst.
captain_aggravated@sh.itjust.works 3 weeks ago
aww, Jacket man fall down go boom?
tal@lemmy.today 3 weeks ago
I mean, they did make a lot of money, but they also had an extremely high valuation.
www.macrotrends.net/stocks/charts/…/pe-ratio
NVIDIA PE ratio as of November 20, 2025 is 48.45.
Something like 20 is typical for a mature company. Tech companies have, in the past, often had higher ratios, but that’s based on their expectation to grow, and expecting NVidia to dramatically grow from their current — already very high — valuation is asking a lot.
If NVidia were a small tech company that was doing well and clearly had a lot of market to expand into rapidly, that would be one thing.
Flagstaff@programming.dev 3 weeks ago
Ha, you think that’s high? Don’t look at PLTR’s P/E, then.
TheTimeKnife@lemmy.world 3 weeks ago
Yeah because more information has come out about Nvidias fraudulent investing and valuation.
kkj@lemmy.dbzer0.com 3 weeks ago
A halfway decent SEC would be torching them right now, but I’m sure Trump has appointed people who are for sale for very cheap.
Lucelu2@lemmy.zip 2 weeks ago
When Trump is gone, we need to Nuremburg and aggressively FTC those assholes. And raise their taxes to 90%. GTFO of here.
FahrenheitGhost@lemmy.world 2 weeks ago
Meanwhile on the Titanic:
“People are getting so upset about a little water in the hull. They clearly don’t appreciate how great the trip has been so far!”
Cyberflunk@lemmy.world 2 weeks ago
now they are interested in linux
coward bitches
prole@lemmy.blahaj.zone 3 weeks ago
The market didn’t appreciate that you had a good quarter?
The fuck kind of bullshit logic is that?
CovfefeKills@lemmy.world 3 weeks ago
People just cashing out into other ventures it is easier to double your money elsewhere than Nvidia reach 10 trillion.
MonkderVierte@lemmy.zip 3 weeks ago
“We’re basically holding the planet together — and it’s not untrue.”
Maybe you should change that. Make it two or three at least.
phil@lymme.dynv6.net 3 weeks ago
Those figures are just as virtual as the “success” of these fools. Sadly the damage done by this gigantic bubble is already very concrete, but its explosion might have terrible consequences for a lot of honest people.
Assassassin@lemmy.dbzer0.com 3 weeks ago
Let me fix that phrasing: “One of the richest men in the world complains that others did not give him more money after his business made so much money.”
What a sad existence. Find some other form of validation, dude.
ceenote@lemmy.world 3 weeks ago
Pretended to make a bunch of money. Stock buybacks and investing in AI companies so they’ll buy your hardware doesn’t count.
Saledovil@sh.itjust.works 3 weeks ago
In a gold rush, the real money is in selling shovels. But you have to take cash upfront.
Assassassin@lemmy.dbzer0.com 3 weeks ago
Yeah, they did some shifty stuff to pad their numbers. They still made an absurd amount of money.
NRay7882@lemmy.world 2 weeks ago
He pulled the same BS during covid, record profits and sales of the 30-series cards and he tells investors on a call “don’t worry, we’re going to get through this” as people started going back to work.