Comments by "Maxwell Benz" (@Tential1) on "What to do with Nvidia now?" video.

  1. 7:25 Broadcom is baby Nvidia lol. Slightly lower growth. So the lower PE doesn't make it cheaper, it just makes it justified.
    2
  2. It'll be above 5000 in 10 years. Not an ai bubble, just Nvidia things. Stock has been had insane years. When the gtx 970 came out, and I saw the stock have an insane year, I said never again, will I purchase Nvidia produces. Only Nvidia stock. No longer will I pay Nvidia tax, I shall benefit. It's been good. No longer paying 30% more for products every year. I remember when their midrange product was $300 and in one generation they said "nah fam, 550". Lol. What? No, I'm not doing that. I'll do that to people. But me? Not gonna be me. Never again.
    1
  3. Just to add, it's what I love about America. A company screws you? No problem buy the stock. You win now. Jp Morgan "cheats" everyone says? OK. Just buy the stock lol.
    1
  4. ​ @Jeff-uo8ro I remember when tesla was a 20B market cap, people said it was overvalued and you'd get it cheaper... Right before it went up 20x.... Lol. People are weird. They think because a chart went up vertically, it's overpriced. Maybe, it was undepriced.... Lol. They never consider that. Ever. Just "remember cisco!" ok... Remember Amazon, Google, Facebook, Tesla, etc. Not everything is a bubble. But to be fair, Tesla when it was a billion dollar company, I told my sister it was a bubble. She 5xd her money... Too bad she sold. I wish I hadn't said anything. But, I was the typical finance bro "look at the pe, you can't beat traditional auto!" I never looked at the product or growth. Just like these people. Difference is, I learned from my mistake.
    1
  5. is it really thugging it out betting on Nvidia? ESpecially if you're a gamer lol. You know Nvidia never loses. Why bet against them? The people betting against NVidia, are people who just heard of AI lol. They haven't been a customer of NVidia. They haven't been abused for years by price hikes that outpace inflation by 3x or more lol. They haven't seen a flagship product go from 650 to 1000 in one generation. They just aren't built to understand this kind of revenue growth. We are. We fueled it for a long time 😂😂😂
    1
  6. Except tesla was selling cars.... People don't have to upgrade their cars.... You have to upgrade your Nvidia product lol. In fact, I just did and am going to again. I got a new laptop for ai and video editing. I'll get a new pc for it. And, I have to upgrade my brother's pc, so he can edit video more efficiently. It's very common Nvidia gets you to upgrade every 4 years, and raise rhe cost 40%+ to do so... My brother's current Nvidia card cost 1000. For me to get the same level of card, cost 1800 now. Lol. I'll pay 80% more. Nvidia has been this to us for 20+ years.... Look at their growth before 2018. It was still insane. They just have richer customers to abuse now lol.
    1
  7. ​ @wutangyang6611 Google pausing it's AI program, doesn't mean they can pause their hardware spend. Lol, why is this hard to understand? All AI is Nvidia. I get it, you're used to competition. You've never been a computer nerd before. But Nvidia dominates their fields. Just like Apple does. Why don't you doubt Apple ownership of the cellphone market? You don't say a random competitor will dethrone apple overnight? Nvidia is the Apple of AI, except with a larger switching cost. Also, for Google to fix its AI Program, it has to retrain the model, which requires using the Nvidia server Gpus it purchased lol. So that just means MORE usage of Nvidia products, not less. Then, Nvidia has a new product coming out in November(We're tech nerds, you can follow our rumors if you want, it's how I started making money off my hobby). This is a ~30% performance increaes. We know this, because we confirm it from TSMC reports, which if you understand the tech jargon, you know that when they say "This is a high performance node" they actually mean, "This is a manufacturing process we did for Nvidia". So, if Google doesn't upgrade, they can't train models as fast. Which means everyone upgrades, and Nvidia knows this, so they charge 30% extra. This has been happening for the last 5-8 years. You didn't notice Facebook Capex Spend go CRAZY? What do you think they were spending the money on? Their "VR" spend was half Nvidia Gpus to train their models. Tesla uses them. Everyone uses them, and everyone upgrades the second they can, to keep their models on the cutting edge. Welcome to being a customer of Nvidia, it sucks. No matter what, you give up, and just pay because you need their product to work efffiecently. I want to edit videos for youtube? Well, better have an Nvidia GPU.
    1
  8. I mean training Nvidia as "Every other company" when Nvidia is supplying the hardware to all AI companies, is weird.... Wierd weird......
    1
  9. ​ @muratuzer6772 yes, because the voices of the doubters that don't know anything about Nvidia and think this is a short term bubble overshadowed the people who have followed Nvidia for 20 years and know, it is not uncommon for nvidia to do insane growth numbers, because Nvidia has insane pricing power. They released a high-end product at 1500 and then raise the price to $2,000. When has apple done that lol? I could write a full book on Nvidia, and still not have enough. I bought shares both red days just before earnings, just to prove a point as people cried overvalued. I'm happy I got betting against Nvidia out of my system during my childhood. These people are new to this they think it's just ai. Lol, no, this is just Nvidia.
    1
  10. ​ @zj7396 why didn't you say that 10 years ago? These growth numbers aren't new for nvidia. You just didn't pay attention. Nvidia has always traded at a forward pe of 30 - 35. It has outperformed the market for 20 years now. Where were you? Or did you only notice when the media makes it a news story? So you don't see visa, fair Isaac, Costco, etc? Lol. It's so obvious who doesn't use their Bloomberg terminal, or pay for another terminal service lol.
    1
  11. ​@@micro-organism-pv5gdand you should have been purchasing the whole time, because that was when the people that don't understand the stock were selling. That was when revenues were flat, go look it up in your Bloomberg terminal on a graph. However, revenues were flat because of their deal with tsmc. Lol. People don't understand the stock. To predict revenues of nvidia, you have to look at tsmc's investor report, and then they tell you the upcoming production, and if you understand the tech jargon, you know they're not talking random, they're speaking specifically about Nvidia lol. But normal people don't know that stuff. The stock will go sideways or down again when there is a change over of manufacturing lines at tsmc, and people see sales go down while Nvidia waits lol. Then, it will go back up. You have to remember, the average person does not understand anything about how to manufacture this product, or the manufacturing lead times are really anything about this. It's a goldmine for those of us who actually know how it works. All that time I spent as a kid learning how my graphics card worked, rather than actually using it to play games, finally paid off.
    1
  12. ​@@micro-organism-pv5gdLet's explain this another way. Nvidia had a forward PE of 30-35 for 20 years, while selling to video game players. During this time period, they sustained 20% Revenue growth, 25% net income growth, had margins that started at 40% and now are at 70%. Now, the primary customer is no longer a video game player. It's data centers. Nvidia has never had data center as a customer, they have had business customers, but NEVER data centers at this scale. So now, their customer is Microsoft, Google, Facebook, and Amazon, and you believe, they can't sustain the 20% growth? I get it, 20% seems like a lot, especially for 20 years, but well, go find a 30-40 year old video game nerd, and ask if they kept paying Nvidia prices? They did, clearly, Nvidia owns 70% of that market. Nvidia will make Microsoft, etc. pay, and they wont have a problem. I believe Facebook spent 7B alone in one year. You've clearly NEVER dealt with Nvidia, if you think you just pay them for a product, and you're done. No, you HAVE to upgrade. It's just, only video game players, engineers, architects, animators, etc. had to deal with this before, and they HATED it. Now, Nvidia will get to abuse big tech, and from experience, it will be easy lol.
    1
  13. Broadcom has similar returns to Nvidia.
    1
  14. ​ @aeromotive2 Broadcom is the only company you can own instead of Nvidia, and get "Good enough" returns. It's popped off this whole time, just not as hard as Nvidia, because Broadcom has lower growth rates. Broadcom is the only semiconductor company who I don't really know their chips. They are not as interesting chips. Wifi, Bluetooth, cable foxes, just random little things, but they're in so many different things, and they are critical to how they work. But I prefer Nvidia since I'm intimately familiar with them, and I know you HAVE to upgrade, because I'm a customer. I know I have to upgrade this November(Nvidia is also a gaming company, we gamers all play together, people talk about work, rumors easily spread, Nvidia always leaks performance a year in advance) and pay another 30% more. So, since I'm a victim of the 20% annual revenue increase, why not profit from what I know is going to happen.....
    1