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Comment by ein0p | Hacker News Reader

How can it be "slipping" if they sell out of all their stuff years in advance? I still can't find any sanely priced 5090s. And before you point out that 5090s are not their main revenue driver, they're sold out of H100s and so on years in advance, too.

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Same way they lost the crypo mining market.

They are losing their biggest customers to custom in-house silicon, and smaller orders are going to compete with a market being flooded by superfluous hardware from companies which either went bust due the the AI bubble shrinking, or went bust because they weren't able to compete with the big fish.

The AI market will be drastically larger in 10-15 years, not smaller. The bubble aspects of the present will be trivial compared to the long-term result, as with the dotcom bubble. Google all by itself is worth more today than all the combined dotcoms in existence in 1999.

Now scale it by M2 money supply (or gold price if you will). Will paint completely different picture.

I don't think they even wanted to be in the crypto mining market. They artificially hobbled their GPUs specifically so that they wouldn't perform well there.

And how many 5090 were actually produced? It is easy to sell out with low volume production.

Consumer hardware is nothing for Nvidia. Gamers need to realize that, lol.

The article is about HPC/AI where they are quickly becoming less competitive.

Gaming is only 7% of Nvidia's revenue.

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