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Comment on Nvidia projects $673B in sales as AI demand widensparent

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Yeah but remember 1) stuff gets more expensive the more it's "processed"/further up the chain. It's hard to think of something further up the value chain than a modern gpu server. Just look at one input, asml machines. 2) a lot of dram, labor etc is also baked into the gpus.

Sure. Obviously GPUs are expensive. My computer is more expensive and more processed than a 2x4, but that doesn't mean that my computer is a significant percentage of the value of my house.

And it's pretty unclear what is included in the "capital expenditure" numbers. E.g. does it include training costs? does it include research costs? etc.

I'm not sure. I think they count training as R&D? Hopefully we learn just they're doing their accounting with anthropic ipo

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