I think the whole honeypot thing is bullshit. Nvidia was selling GPUs to China via intermediaries. They all knew and now this is the story that’s an attempt to cover up the fact they did it on purpose for extra profit.
yup seems like a distraciton from all the AI stuff too.
Wow. Plunge 4 whole percent.
On other days this would be considered a “modest market correction”, but today it is “plunge”.
Relative to their peers is somewhat more telling. But generally agree.
Plunge 4 whole percent.
On a $4.3T market cap
What does that mean?
The company is “worth” $4.3 Trillion dollars. Losing 4% of $4.3 trillion = losing $172 billion in one day.
Also, based on how everyone else did today, they probably would have made $172 billion if this story hadn’t come out today, therefore it’s like they lost $344 billion dollars in one day.
His buddies on the board (who own most of the company and therefore ate most of that loss) are probably pretty pissed at him right now, and also salivating at an opportunity to take some of his shares as punishment.
Trump called him an honorable man, after this was disclosed.
Crazy times we live in.
Conservatives don’t judge people by their actions, they judge actions by their people.
Holy shit, I’m stealing this
“I thought she was just a regular old gold digger.” -this guy, hypothetically
They dropped a few percent.
Wall Street has no morals, it only dropped on the fear that this MIGHT affect them making money. It will recover shortly and people will move on.
No, no. It says PLUNGED!
“A few percent” is as biased a description for -5% as “plunged”. I mean you can all it both but really both is making it sound smaller or bigger than it is.
5% is barely more than a normal daily 2-3% swing on any stock that nobody would really even write an article about. Thursday it dropped 9%, a lot more significant than this 5% drop in the middle of an already negative trend for this month.
Those are really big drops for stocks. Like the general goal for a year is beating the ~10% growth that the S&P average per year.
Swinging 2-3% is very volatile.
It is double that. Anyhow 9% is a pretty substantial short term loss. Markets are nervous but still don’t want to call the bubble for real it seems. Let’s see if they find another excuse in short succession to correct the stock.
If their spying iw any good, the real question is, seeing as AI has eaten all the nVidia and AMD video cards:
When cheap Chinese video cards?
The Chinese are already producing cheap video cards!
The Moore Threads MTT S5000 came out this or last year and is apparently competitive enough with nvidia offerings for AI training and inference. I suspect the spy was from some other Chinese company, but it could also have been Moore Threads looking to catch up faster.
There’s also the MTT S80 which has been out for like 3 years, is cheap and has 16 GB GDDR6 (hey 3 years ago that was pretty decent still). Unfortunately the drivers suck so it’s not great for gaming, or doing anything else graphical.
Gaming is unfortunately kind of irrelevant to them, it seems. It doesn’t really bring in money.
I’ll be OK. I’m sure I’ve got a 3dfx voodoo graphics card around here somewhere…
If there are Chinese gaming video cards,imagine building RISC-V gaming pcs with them running all Libre software,standards and video games. (joke,maybe?)
Steam’s Frame has an ARM CPU. It runs x64 Windows games. I don’t expect translation to another RISC architecture to be impossible.
And gaming on an almost all-libre software stack is what I already do on my Gentoo with GPU drivers in the mainline kernel (got a 9070 XT).
China already caught up in the memory spec performance, they’ve been slowly gaining in the processor performance for a while now.
Well, on the positive side - at least it appears there is someone in Trump’s orbit who isn’t a pedophile.
talk about looking on the bright side, holy fuck
We don’t have enough evidence to make that statement. We know the others also fucked people of age in addition to raping kids, so this is not inconsistent with that lot.
Now hold on, how old is she?
Does she look really realllllly young?Sorry, I’m just not ready to accept that even one of them isn’t a paedo!!!
She’s in her 40s, and she looks like she’s in her 40s.
She looks good for 40s, but yes. A 40 year old that takes care of herself.
fair warning to everyone. Do not go on duckduckgo and search “Jensen Huang spy mistress” and click on images to see if you can see what she looks like unless you have safe search turned on. Idk what the fuck is wrong with DDG but the results are just a bunch of actual porn for some reason.
If I become a porn star, my stage name would be “Jensen Hung.”
You will need a leather jacket. You’ll make it work.
ddg uses bing, and while they can filter text things to be surprisingly usable, they can’t do anything about the garbage image search.
How old was she?
Don’t be so sure, how old was the model?
Lol. Lmao, even.
Naw bro. Jensen needs a full fucking airlift
SWOI SWOI SWOI SWOI SWOI SWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOISWOI
This only further confirms what we all knew already, that all billionaire are cheating scum with very low morals, no exceptions.
That leather jacket brings all the spies to the yard, huh?
lol what if she bought it for him and said he looked good in it hahaha
My black leather brings all the spies to the yard, my illegally delivered computer chips are better than yours!
I can teach you, but I have to charge
4% counts as “plunge” nowadays…
Everything else in the tech sector went up 4-10%.
Nvidia not only didn’t do that but went down an additional 4%.
of all things, this is what pops the ai bubble?
Curious where this goes.
It’s not just pillow talk about state secrets, in this situation she has leverage to ruin his family and cause billions of stock market losses to Nvidia, which he has a duty to protect.
This was a highly exploitable situation.
Dude was so high on his own supply he thought a lady would actually be into a weird, dumpy, married guy.
I mean a certain type of lady could absolutely be into a weird, dumpy, married billionaire.
Or a certain type of guy, it’s not a gender thing.
If any lady comes up to me, a weird, dumpy guy, I am immediately suspicious. And I’m not even close to a billionaire.
Women don’t show interest unless it’s a scam. Especially if you’re dumpy.
This is assuming you notice she’s showing interest at all.
Some people are attracted to wealth and power.
Then it makes sense why they’re not attracted to me
Not all is lost, some people are attracted to humor lol
I wouldn’t disqualify him for his looks, some really ugly people end up with very conventionally attractive partners.
Of all those three things he’s mostly weird and dumpy tho.
He’s still married.
For now.
