Locator: 51892AI.
Watching CNBC these days, one can be misled to thinking that all this talk about the risks of AI is something new. Hardly:
For a full discussion, link here. Link: https://share.google/aimode/J8aPjMif04LjQzMbg.
Update, link here. Link: https://share.google/aimode/bFrCyAuOzEzgk0sr6.
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Nvidia Vs AMD: Flashback
From Stephen Witt's biography of Jensen Huang, c. 2025, chapter 14: "The Good Year," page 156:
"In 2016, Nvidia's stock price appreciated 224 percent, restoring Jensen Huang to glory and making a billionaire once again. Yet Nvidia was not the best-performing stock in the S&P that year. The title went to Nvidia's longtime rival AMD, which went up 309 percent. Huang didn't like coming in second. He redirected himself to victory and found it the next year. Revenues doubled, profits tripled, and the company launched new products at dizzying speed. Few companies anywhere, ever, could hope to have a year as successful as Nvidia had in 2017."
Lisa Su is CEO of AMD. She joined the company in 2012 and became president and CEO in 2014. AMD was founded in 1969 and went public in 1972.
Jensen Huang co-founded Nvidia in 1993.
