Re:Where's the shovelware? Why AI coding claims don't add up
by toomuchtodo on Wednesday September 03, 2025 @10:04PM
(#45122681)
VXUS
Not investing advice; the bottom 490 companies in the S&P500 are nominally flat since 2022 and down against inflation, GPUs and AI hype are holding everything together at the moment.
> In simpler terms, 35% of the US stock market is held up by five or six companies buying GPUs. If NVIDIA's growth story stumbles, it will reverberate through the rest of the Magnificent 7, making them rely on their own AI trade stories.
> Capex spending for AI contributed more to growth in the U.S. economy in the past two quarters than all of consumer spending, says Neil Dutta, head of economic research at Renaissance Macro Research, citing data from the Bureau of Economic Analysis.
> Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmaker’s clientele.
Not investing advice; the bottom 490 companies in the S&P500 are nominally flat since 2022 and down against inflation, GPUs and AI hype are holding everything together at the moment.
> In simpler terms, 35% of the US stock market is held up by five or six companies buying GPUs. If NVIDIA's growth story stumbles, it will reverberate through the rest of the Magnificent 7, making them rely on their own AI trade stories.
https://www.wheresyoured.at/the-haters-gui/
> Capex spending for AI contributed more to growth in the U.S. economy in the past two quarters than all of consumer spending, says Neil Dutta, head of economic research at Renaissance Macro Research, citing data from the Bureau of Economic Analysis.
https://www.bloodinthemachine.com/p/the-ai-bubble-is-so-big-...
> Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmaker’s clientele.
https://www.cnbc.com/2025/08/28/nvidias-top-two-mystery-cust...