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by hootz 26 days ago
So Nvidia is basically farming everyone else?
5 comments

Other hardware manufacturers also wastly more profitable - RAM, SSD, HDD and literally everyone in datacenter supply chain.
It goes back to the whole, you don't make money mining gold, you make money selling shovels. Nvidia has been playing every tech hype cycle recently. Question is, what will be next.
Not bad wealth redistribution, Big Tech had tons to spend! Red bar go brrrrr.
It's historically called: selling buckets and shovels during a gold rush.

The only way to get consistently rich in any bubble economy.

Yes and shovelling the money around in yet another circle: https://www.youtube.com/watch?v=xUbJDrL6ZfM,
Them and Broadcom
It's the parable about how in a gold rush you want to be the guy selling shovels.