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Nvidia market cap continues to grow, fuelled by AI boom
(www.trendlinehq.com)
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this post was submitted on 23 May 2024
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It's fucking absurd, their last earnings was a 12 billion profit at a 50% profit margin...
For comparison, other monopolies like Microsoft, Meta, Google, and Apple are only about 25-30%
All these GPUs for shitty genAI crap that does almost nothing but make people unemployed and homeless