Nvidia is most valuable company

why has no one created an asic for matrix multiplication that is cheaper and can easily outperform a gpu that is general purpose. gpu demand shouldn't be as big as it is.

Don’t own any shares. Might finally go buy a few shares of Nvidia now. I know it will dip the moment I buy.Might even trigger a recession.

What would hurt more: if Nvidia ceased to exist, or if ASML or TSMC ceased to exist?

It's either a bubble or we're all getting UBI :)

Basically a meme stock at this point