schizoidman@lemm.ee to Technology@lemmy.worldEnglish · 1 month agoNvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-offwww.cnbc.comexternal-linkmessage-square155fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkNvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-offwww.cnbc.comschizoidman@lemm.ee to Technology@lemmy.worldEnglish · 1 month agomessage-square155fedilinkfile-text
minus-squareBlackmist@feddit.uklinkfedilinkEnglisharrow-up0·1 month agoGood. That shit is way overvalued. There is no way that Nvidia are worth 3 times as much as TSMC, the company that makes all their shit and more besides. I’m sure some of my market tracker funds will lose value, and they should, because they should never have been worth this much to start with.
minus-squaresunzu2@thebrainbin.orglinkfedilinkarrow-up0·1 month agoBut TSMC is “encumbered” by all of these plant and equipment mate 🤡
minus-squareTheMachineStops@discuss.tchncs.delinkfedilinkEnglisharrow-up0·1 month agoYeah lot of companies are way overvalued look at Carvana, how is this company worth 50 billion?
Good. That shit is way overvalued.
There is no way that Nvidia are worth 3 times as much as TSMC, the company that makes all their shit and more besides.
I’m sure some of my market tracker funds will lose value, and they should, because they should never have been worth this much to start with.
But TSMC is “encumbered” by all of these plant and equipment mate 🤡
Yeah lot of companies are way overvalued look at Carvana, how is this company worth 50 billion?