Most Popular
1. THE INFLATION MONSTER is Forecasting RECESSION - Nadeem_Walayat
2.Why APPLE Could CRASH the Stock Market! - Nadeem_Walayat
3.The Stocks Stealth BEAR Market - Nadeem_Walayat
4.Inflation, Commodities and Interest Rates : Paradigm Shifts in Macrotrends - Rambus_Chartology
5.Stock Market in the Eye of the Storm, Visualising AI Tech Stocks Buying Levels - Nadeem_Walayat
6.AI Tech Stocks Earnings BloodBath Buying Opportunity - Nadeem_Walayat
7.PPT HALTS STOCK MARKET CRASH ahead of Fed May Interest Rate Hike Meeting - Nadeem_Walayat
8.50 Small Cap Growth Stocks Analysis to CAPITALISE on the Stock Market Inflation -Nadeem_Walayat
9.WE HAVE NO CHOICE BUT TO INVEST IN STOCKS AND HOUSING MARKET - Nadeem_Walayat
10.Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - Nadeem_Walayat
Last 7 days
Why PEAK INFLATION is a RED HERRING! Prepare for a Decade Long Cost of Living Crisis - 9th Aug 22
FREETRADE Want to LEND My Shares to Short Sellers! - 8th Aug 22
Stock Market Unclosed Gap - 8th Aug 22
The End Game for Silver Shenanigans... - 8th Aug 22er
WARNING Corsair MP600 NVME2 M2 SSD Are Prone to Failure Can Prevent Systems From Booting - 8th Aug 22
Elliott Waves: Your "Rhyme & Reason" to Mainstream Stock Market Opinions - 6th Aug 22
COST OF LIVING CRISIS NIGHTMARE - Expect High INFLATION for whole of this DECADE! - 6th Aug 22
WHY PEAK INFLATION RED HERRING - 5th Aug 22
Recession Is Good for Gold, but a Crisis Would Be Even Better - 5th Aug 22
Stock Market Rallying On Slowly Thinning Air - 5th Aug 22
SILVER’S BAD BREAK - 5th Aug 22
Stock Market Trend Pattren 2022 Forecast Current State - 4th Aug 22
Should We Be Prepared For An Aggressive U.S. Fed In The Future? - 4th Aug 22
Will the S&P 500 Stock Market Index Go the Way of Meme Stocks? - 4th Aug 22
Stock Market Another Upswing Attempt - 4th Aug 22
What is our Real Economic and Financial Prognosis? - 4th Aug 22
The REAL Stocks Bear Market of 2022 - 3rd Aug 22
The ‘Wishful Thinking’ Fed Is Anything But ‘Neutral’ - 3rd Aug 22
Don’t Be Misled by Gold’s Recent Upswing - 3rd Aug 22
Aluminum, Copper, Zinc: The 3 Horsemen of the Upcoming "Econocalypse" - 31st July 22
Gold Stocks’ Rally Autumn 2022 - 31st July 22
US Fed Is Battling Excess Global Capital – Which Is Creating Inflation - 31st July 22
What it's like at a Stocks Bear Market Bottom - 29th July 22
How to lock in a Guaranteed 9.6% return from Uncle Sam With I Bonds - 29th July 22
All You Need to Know About the Increase in Building Insurance Premiums for Flats - 29th July 22
The Challenges on the Horizon for UK Landlords - 29th July 22
The Psychology of Investing in a Stocks Bear Market - 26th July 22
Claiming and Calculating The Research and Development Tax Credit - 26th July 22
Stock Market Bearish Test - 26th July 22
Social Media Tips and Writing an Effective Call to Action - 26th July 22
Has Rishi Sunak Succeeded in Buying His Way Into No 10 - Fake Tory Leadership Contest - 26th July 22
The Psychology of Investing in a Stocks Bear Market - 26th July 22
Claiming and Calculating The Research and Development Tax Credit - 26th July 22
Stock Market Bearish Test - 26th July 22
Social Media Tips and Writing an Effective Call to Action - 26th July 22
Has Rishi Sunak Succeeded in Buying His Way Into No 10 - Fake Tory Leadership Contest - 26th July 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years!

Companies / Tech Stocks Sep 03, 2020 - 06:40 PM GMT

By: Nadeem_Walayat

Companies

Nvidia has just released information on their next gen RTX 3000 GPU's , and if what NVIDIA announced is true then they have just blown away the rest of the competition for a good 2 years! Just on the basis of today's release! This is what a good AI tech stock looks like!


For instance I was expecting a 30% increase in performance over the RTX 2000 series GPU's for the same $ price, instead NVIDIA is announced a 100% Increase in performance! Which means AMD and the rest of the market are NOT going to be able to get anywhere near NVIIDIA's GPU's in terms of price per performance, not even close for at least the next 2 YEARS by which time NVIDIA will be announcing it's RTX 4000 series GPU's!

The 3000 series is based on Nvidia Ampere architecture, where the following image illustrates the magnitude of their achievement as Nvidia have delivered far MORE than the market was expecting it to deliver, especially given that their previous Turing architecture was not that much of a leap from that which preceded it (Pascal).

If NVIDIA's slides turn out to be anywhere near true then I am sure many including myself will soon be buying an NVIDIA 3000 GPU given the huge jump in performance even if real world bench marks come in at say at 80% improvement instead of the 100% stated. For instance implies will now be able to train the same neural network in near half the time for the same $ price GPU. Though given the amount of demand it's likely the actual prices from third parties will be a lot higher than NVIDIA's MSRP's i.e. I think it will be quite some time before we can actually buy an RTX 3080 for anywhere near $699 / £649 from Nvidia direct or from the likes of Amazon.

And the stock price says it all! $552!!! Up from $175 just 6 months ago!

The rise in Nvidia's stock price may seem insane but its NOT because NVIDIA has effectively cornered the GPU market for the next 2 years! It literally has NO competition! Nvidia can literally sell as many GPU's as it can produce, simple as that!

And let's hope AMD also gives the markets a pleasant surprise when it announces it's Zen 3 Ryzen processors later this month, for which I am expecting a more modest IPC increase of between 18% to 22%.

This article is excepted from extensive analysis whose primary focus ia a Gold Price trend forecast which has first been made available to Patrons who support my work - Gold Price Trend Forecast into Mid 2021, Is Intel Dying?, Can Trump Win 2020?

  • QE4EVER
  • Inflation Mega-trend going Hyper!
  • The End of Capitalism?
  • Gold Price Analysis and Trend Forecast
  • Silver New All time High Coming?
  • Is Intel a dying mega corp?
  • Nvidia Ampere Blast off!
  • TSMC
  • AI stocks current state
  • Can Trump win 2020?

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And access exclusive to Patrons only content:

How to Get Rich Investing in Stocks by Riding the Electron Wave.

Not to mention trend forecasts such as - Machine Intelligence Quantum AI Stocks Mega-Trend Forecast 2020 to 2035!.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in