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   Message 27,201 of 27,547   
   Transheuser-Busch to All   
   The demise of homosexual infested Cisco    
   22 Jun 24 23:07:31   
   
   XPost: alt.fan.rush-limbaugh, alt.politics.homosexuality, sac.politics   
   XPost: talk.politics.guns   
   From: transheuser-busch@gmail.com   
      
   Jensen Huang isn't sitting comfortably atop the world's most valuable   
   company.   
   He doesn't want Nvidia to meet the same fate as Cisco or Sun, The   
   Information reports.   
   The two other companies were on top in the 90s, but collapsed when the   
   dot-com bubble burst.   
   For Jensen Huang, unparalleled success has reportedly come with a healthy   
   helping of anxiety.   
      
   The Nvidia cofounder has been christened the tech world's Taylor Swift —   
   with a rock-star persona to match the company's unprecedented riches.   
      
   Known for his signature leather jackets, Huang was recently pictured   
   autographing a woman's chest at a tech event in Taiwan — this as 31-year-   
   old Nvidia became the world's most valuable company on Tuesday, edging out   
   Microsoft with a $3.338 trillion market capitalization.   
   But The Information reported that behind the scenes, Huang, 61, is   
   concerned with future-proofing Nvidia, telling colleagues he doesn't want   
   it to meet the same fate as former tech titans Cisco and Sun Microsystems.   
      
   Having launched in 1999 as a maker of GPUs for gaming systems, Nvidia has   
   had its stumbles over the years, The Information reports, including a   
   failed attempt at software for self-driving cars.   
      
   There's no imminent sign of a slowdown for Nvidia's white-hot chips that   
   are largely powering the AI boom.   
      
   Cisco shares plunged when the dot-com bubble burst   
   Several analysts have drawn parallels between Nvidia and Cisco, which also   
   trafficked in hardware that fueled its day's transformative technology.   
      
   Cisco sold routers and other networking hardware during the dot-com   
   bubble. It went public in 1990 and saw its stock crest in 2000, briefly   
   becoming the world's most valuable company with a $569 billion market cap.   
      
   Sound familiar?   
      
   But then the bubble burst. Data centers built by telecom companies went   
   untapped, and Cisco's hardware went from revolutionary to commonplace.   
      
   The company announced layoffs in 2001, and by October 2002, its share   
   price had plunged 90%, according to Investor's Business Daily. While   
   shares have never reached peak levels again, the company continues to   
   operate.   
      
   Sun had a $200 billion valuation — and was later acquired for a fraction   
   of that.   
   Another cautionary tale Huang reportedly heeds is Sun Microsystems.   
      
   "He tries to remind people not to get 'Sunned,'" a Nvidia employee told   
   The Information.   
      
   The server and computer manufacturer experienced a similar ascent to Cisco   
   during the dot-com bubble, with CEO Scott McNealy and programmer Bill Hoy   
   emerging as celebrities of the tech industry, according to Forbes.   
      
   Sun's operating systems were an early hit and eventually led the company   
   to a peak market cap of $200 million in 2000, according to Marketwatch.   
      
   But eventually competitors caught up — and Sun failed to pivot to the   
   lucrative software space, The Information reports.   
      
   It was acquired by Oracle for $7.4 billion in 2009.   
      
   The Information reports Huang is seeking to avoid the same fate by   
   diversifying Nvidia's business beyond chips, including with cloud server   
   rental and software businesses.   
      
   Nvidia AI Enterprise, for instance, is an operating system that trains AI.   
   Whether history repeats itself remains to be seen.   
      
   https://www.msn.com/en-us/money/markets/rare-earth-discovery-could-topple-   
   china-s-dominance/vi-BB1oaOqU?ocid=BingNewsBrowse   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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