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this post was submitted on 07 Oct 2024
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Yup. I wager the vast majority of that is AI hype. Nvidia is the king there and in datacenter GPU compute in general, and investors are betting that Nvidia will continue to dominate and that market will continue to be relevant and grow.
I have my doubts, but as a famous economist once said:
So I'm not putting my money where my mouth is just yet.
That is an excelent quote.