What happened to sweater weather?
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 20 November 2024
⏱️ 26 minutes
🧾️ Download transcript
Summary
Clothing retailers were foiled by unpredictable weather this fall: October was the second warmest on record, and now stores are sitting on a lot of extra cold-weather inventory. What will they do about it? Plus: Comcast spins off most of its cable network channels, a violin maker talks tariffs, and an author tells us about “The Nvidia Way,” the chip designer’s unique workplace culture.
Transcript
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| 0:22.6 | Computer chips, gang, AI computer chips in particular. |
| 0:27.6 | That is where the money is. |
| 0:30.7 | From American public media, this is Marketplace. |
| 0:49.4 | Thank you. is Marketplace. In Los Angeles, I'm Kyle. It is Wednesday, today, the 20th of November. It is always to have you along, everybody. We begin today with a question that is going to sound ridiculous on its face, but we |
| 0:58.0 | here go where the news takes us. |
| 1:00.8 | When the question goes, is $35 billion worth of revenue in three very short months, not good |
| 1:09.8 | enough? |
| 1:11.5 | For most companies, the answer to that question would be never. |
| 1:15.2 | It is never not good enough to bring in $35 billion in a quarter. |
| 1:19.4 | But when you're in Vidia, the stratospheric chip design company, the 35 bill in revenue you announced after the close today, |
| 1:26.9 | well, I'm sorry. |
| 1:27.5 | It's just not going to cut it. |
| 1:28.6 | NVIDIA, of course, the market leader in designing AI chips, all under the very watchful |
| 1:34.4 | eye of co-founder and CEO Jensen Huang. |
| 1:37.4 | Huang and his company are the subjects of an upcoming, and it must be said, very timely new book by Take Him. |
| 1:44.0 | It's called the Invidio Way, Jensen |
| 1:45.8 | Huang, and the making of a tech giant. Tate, it's good to have you on. Good to be here, Kai. |
| 1:51.1 | For those who haven't been paying attention, it does sort of seem like Nvidia just like kind of |
| 1:55.6 | came out of nowhere when AI started getting big. Where did this company come from? It started about 30 years ago. |
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