AI Chip Startup Etched Aims to Take On Nvidia
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Published 2024-06-25
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All Comments (21)
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Intel and AMD will definitely have their share of the market. TSMC is at max capacity and investing in other semiconductor companies will be an absolute power move, I keep increasing my shares manageably. Different chips are good at different things and Nvidia has been very specialised, which leaves other aspects of Al open.
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I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it
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It took me only 20 minutes of research: - Company is 1 year & 8 months old. - No product available yet, not even a demo. - Founders have no AI hardware experience, and also under 30. - They use catchy terms like "ASICs". - Nvidia invests billions per year and have a product, they just have a render and say: "we're 20x better, trust". Even a 12 year old would do better due diligence than those investors, it's so pathetic really.
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Bloomberg: We have a 7-minute slot to fill Gavin: Hi :hand-pink-waving:
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Homey is an AI NVIDIA will probably have more capacity and will outpace them significantly.
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TSMC's 2023 revenue was 70.6B. Even if 100% of this company's 120M went to TSMC it would amount to just 0.17% of TSMC's revenue. Why would they prioritize this guy's job over their existing customers who also need their limited capacity?
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I remember them from like 6 months ago, nice to know that they're on track to fullfil their vision
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Did you all see the new release of NVIDIA's stock earnings? The results are incredible, and their stock is surging.
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Obviously AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.
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I sold all my Nvidia shares and bought TSMC. Etched and Nvidia rely on them. They are currently building two factories in Arizona.
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Young people don't really know the enormous amount of work for an end-to-end full stack solution to be able to even have a slight chance to compete with Nvidia. This is the nth (n > hundreds) startup led by young enthusiastic founder who is going to waste investors' money.
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10 years later, the guy is still looking for funding....10 years later, nvdia is a 10 trillion company
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their PR team is fkn amazing - i see them everywhere now :) wishing them the best of luck!!
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The reason tech bubbles hardly cause any real world problems is that only rich people lose their money… when these start ups fail
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How is this different then Gorq?
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Looking Forward to Etched Success!
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This interview to me is addictive of why broadcast television is dead. It’s like eating a Twinkie for dinner. Where is the beef? This guy should’ve been interviewed for at least an hour and they should’ve gotten into the details.
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I guess $120M will buy you a single working prototype, but you're got to start somewhere. Im looking forward to cheaper npu's availability.
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Groq ai vs etched nothing on that update ?
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Great talk thank you
