Nvidia Investors Must Remember — Hardware Is Hard
The snag with the new Blackwell chip is a temporary blip, and the true potential threats are billions of dollars in revenue away.
Sky-high demand for whatever chips Nvidia produces will continue for many months.
Photographer: STRSTRSTR/AFP/Getty Images
There’s an adage in Silicon Valley: Hardware is hard. And expensive. And time-consuming. That’s the case even when you’re a company that’s really good at it — like Nvidia Corp., whose market value has grown to $3 trillion thanks to its extraordinary prowess in the trickiest hardware challenge today: building cutting-edge chips for artificial intelligence.
As far as I’m aware, Wall Street doesn’t have that adage. Or any adages, really, when it comes to changing the world with technology, other than maybe: Growth is good, and those boffins out West better find ways to keep the good times coming, and coming fast.