Thread regarding Intel Corp. layoffs

Nvidia getting huge chunk of the metaverse, AMD getting a piece too

Intel got absolutely nothing, even after supposedly being FB's 'partner of choice'.

https://finance.yahoo.com/news/chipmaker-amd-just-scored-a-big-deal-with-meta-160059677.html

https://finance.yahoo.com/news/1-amd-lands-meta-customer-163342871.html

Huge announcement from Jensen tomorrow at GTC's keynote.

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| 1463 views | | 2 replies (last November 10, 2021) | Reply
Post ID: @OP+1dIzdCas

2 replies (most recent on top)

@lrp - You should read more.

https://finance.yahoo.com/news/nvidia-market-value-tops-800-153350909.html

"The day’s initial advance resulted in the valuation briefly moving above $800 billion, though it ended with a market capitalization of about $766 billion. Nvidia is the seventh-largest member of the S&P 500, behind Meta Platforms Inc., the company formerly known as Facebook, which has a market valuation of $932.9 billion.

Some of Nvidia’s recent rally can be attributed to Meta, which last month announced a new corporate focus on the metaverse, a digital environment accessed with virtual reality tools that rely on high-powered processors. Meta is investing billions into this initiative and Nvidia is expected to be a key beneficiary.

The new focus is “right in Nvidia’s wheelhouse, and for Facebook to put its weight behind this theme is helping Nvidia a lot,” said Deepon Nag, senior research analyst for technology hardware at ClearBridge Investments."

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Post ID: @2drc+1dIzdCas

Nvidia isnt getting anything. Now just AMD. are you on dr-gs?

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Post ID: @lrp+1dIzdCas

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