This Week in Startups

NEWS: Nvidia’s insane earnings beat, Arm’s IPO filing, and more! | E1797

5 snips
Aug 24, 2023
Dive into Nvidia's explosive quarterly earnings and how they’ve reshaped the tech landscape. Discover Arm's significant IPO filing and its implications for the industry. There's valuable insight on navigating accelerators for founders, and the discussion also highlights GPU investment trends and startup product velocity. The conversation wraps up with the intricacies of Arm's business model amidst competition and the evolving dynamics of the tech world. Don't miss the ethical critiques surrounding startup funding and accelerator practices!
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INSIGHT

Nvidia's Unexpected AI Dominance

  • Nvidia's success stems from their GPUs unexpectedly becoming essential for AI.
  • This shift was driven by the realization that GPUs excel at AI tasks, unlike their original gaming purpose.
ANECDOTE

Cautionary Advice on Nvidia

  • Jason Calacanis appeared on Fox Business and advised against buying Nvidia stock without a long-term perspective.
  • He predicts emerging competition and emphasizes the temporary nature of hype-driven growth.
INSIGHT

Nvidia's Induced Demand and Potential Glut

  • Induced demand, like increased highway usage after expansion, applies to Nvidia's powerful chips.
  • This demand surge in crypto and now AI could lead to overcapacity and price drops, similar to the dot-com fiber glut.
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