Jensen Huang made mistakes that gave opportunities to his enemies. But the bigger mistake was his incredible greed, he should have been a happy supplier of an extremely valuable product, and accept competition and that his quasi-monopoly was only transient. But he wanted the entire cake for himself.

Greed and hubris. I think the turbulences will be painful to some, especially those who counted on Nvidia stock to finance their retirement.

But, big picture, this is good news.

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TuxedoBuddy a minute ago | parent | next [-]

I’m not being sarcastic, but isn’t that the exact mandate of a CEO?

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martinald 44 minutes ago | parent | prev | next [-]

But they don't have a monopoly. Their marketshare is sinking, down to perhaps 45% of estimated TSMC CoWoS supply next year (down from close to 70% last year).

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stephc_int13 41 minutes ago | parent [-]

75% gross margin. For a market this big. This not healthy free-market competition working as expected.

	▲	10 minutes ago \| parent \| next [-]
		[deleted]
	▲	detourdog 31 minutes ago \| parent \| prev \| next [-]
		I wonder if the large margin is due to off book sales.
	▲	lucaspm98 32 minutes ago \| parent \| prev [-]
		Chip company profitability is notoriously fleeting and cyclical.

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breakyerself an hour ago | parent | prev | next [-]

Not a monopoly. 3dfx is going to drop the voodoo 6 soon

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34 minutes ago | parent | prev | next [-]

[deleted]

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jokoon 19 minutes ago | parent | prev [-]

> especially those who counted on Nvidia stock to finance their retirement

well it's no secret that this sort of stock was not that good, I don't think that many people counted on nvidia for their retirement