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points by strobe 1 day ago | 0 comments
I think it exactly what I'm trying to say. Current state is that GPUs that Nvidia produced are not really in use, they mostly stored in warehouses as is not enough power for them so while they has 'potential future value' it's not proven to be created as lot could happen, unlikely natural disaster or they just could loose in value as demand drops or competitor will came with cheaper option.
[–] skew-aberration 1 day ago
Yes, values are inherently speculative - the S&P is just measuring current market values though - something like the market consensus of the net present value (profits further in the future are treated as less valuable than profits today). As this consensus changes, the S&P goes up and down.
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