As I am writing this NVIDIA Corp’s market cap on the futures market is up 215 billion dollars. This is enough to buy a case of beer for each person in the world. 715/7.88 = $27.28. If the cans were stacked end to end… Enough!<p>I see this as a little bubbly, but par for the course. How about yourself? How much free beer would scare you? And you know where I am going here. What needs to happen in your mind to convince you to say: “Oh Shit! Something is happening here.”?
According to this, the U.S. beer market is $115 billion a year<p><a href="https://www.brewersassociation.org/statistics-and-data/national-beer-stats/" rel="nofollow">https://www.brewersassociation.org/statistics-and-data/natio...</a><p>and this claims that global sales of beer are $610 billion<p><a href="https://www.statista.com/outlook/cmo/alcoholic-drinks/beer/worldwide" rel="nofollow">https://www.statista.com/outlook/cmo/alcoholic-drinks/beer/w...</a>
It would be interesting to me if I saw used GPU prices jump back to 3x list purely from people wanting to run some new non-crypto libraries in the course of a few months. I think a 10x list jump would be scary to see at first, but normal looking back on. This is a hard question to ask because any real answer looks preposterous at first.
> What needs to happen in your mind to convince you to say: “Oh Shit! Something is happening here.”?<p>A time machine. Nvidia has been a strong buy since Pascal, anyone who's investing <i>now</i> is only reaping their diminishing returns.