Nvidia’s Monopoly: Profiting 820% on GPUs and Control Over Market – A Call for Regulation

Nvidia is a hugely profit-hungry company, like most companies. To the extent that in my opinion you can/could speak of a monopoly. That is very clear: AMD is not yet at the level where they are really competitive. That’s coming – chip by chip they are doing quite well with their MI series. But software (rocm v CUDA) and multi-node multi-GPU scaling are not yet at Nvidia’s level. And Nvidia knows that, especially in the middle of last year. Then they sold their gold at 820+% PROFIT. That in itself should be a sign of market dominance. https://www.tomshardware….rofit-on-h100-gpus-report

As an ultra-capitalist you can praise that and shout “yes, but supply and demand”, but just like with their extortionate prices for gaming GPUs, this also affects groups with smaller budgets. I have had conversations with resellers in BE/NL as well as sales officers from Nvidia directly in the US and they simply say: with an order for 100 GPUs you are really not on our priority list; but if you really want you can buy these other GPUs (which are also at 800%+ market price but are significantly worse than top-tier). They choose what you can/may buy.

They have (had) complete market control and instead of praising them for their profit maximization (yuck, what a word), it would be better to talk about their monopoly that brings them to this 2B.

Call me a communist all you want (I’m not, by the way), but I am a strong advocate of limiting profit margins to protect the buyer. They can include their R&D in that, but you really don’t need 820% and it only ends up in the portfolio of a few.

2024-02-23 16:13:22
#Nvidia #reaches #market #trillion #dollars