Nvidia's dominance drives mining demand

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What to expect (June 19)

• 🤠 There’s a new sheriff in town and it needs mining

• ✅ Monster Pick - Silver is bound to breakout, and this BC based company has tons of it.

As of today, Nvidia is the most valuable company in the world.

If you don’t know, Nvidia started in the early 90’s making graphics processing units (GPUs) for video games.

Fast forward to today, and the company’s GPUs are the backbone of AI and machine learning.

Virtually every company researching in the AI space relies on their GPUs for processing, OpenAI’s ChatGPT is included on that list.

With all the buzz around AI right now, you can imagine Nvidia is raking in the dough.

And you’d be right, but not only that, they’ve reached Rockstar status.

At the heart of Nvidia's products are semiconductor chips, which are key to the performance of their GPUs. These chips rely on minerals including Silicon, Rare Earth Elements, Gallium and Indium.

Given the relative small size of these chips, it’s not likely that the demand will cause supply issues.

But one thing on everyone’s mind in the AI space is power.

We need a stable, renewable source of power for these AI supercomputers, how do we get it?

The general conclusion is that this will be done with solar power.

Thoughts of a future with fields of solar panels powering our autonomous robots and AI feel close to reality.

We may not get there, but one thing is certain - solar power is growing at a rapid rate partly due to AI.

And solar panels require materials.

They typical solar panel is made of 76% glass, 10% plastic polymer, 8% aluminum, 5% silicon and1% copper.

It’s estimated that to produce a 1kW solar panel, you’d need 40kg of silicon.

As AI grows, so will solar. But that’s not everything.

Data centers will need to be set up, requiring copper for wiring and energy infrastructure, and REEs for computers and processing units.

Nvidia's DRIVE platform is developing AI for autonomous vehicles.

EVs and autonomous vehicles use lithium (for batteries), cobalt, nickel, and rare earth elements (for electric motors and electronic components).

The list goes on: robotics, cryogenic systems, energy storage, batteries & more.

All of these factors and associated industries are driving AI demand, and mining demand.

As Nvidia becomes a household name, exploration & mining companies feeding this movement will inevitably grow alongside.

👋 Colton, Stock Monster.

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