this post was submitted on 13 Nov 2026
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Instead Of Lowering GPU Prices, Former NVIDIA CEO Jensen Huang Reportedly Financed AI Startups To Absorb Excess Silicon, Shattering The Shortage Perception (wccftech.com)
submitted 1 day ago by chokednatchfield@lemmy.vg to c/technology@lemmy.world
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[–] BananaTrifleViolin@piefed.world 138 points 1 day ago (4 children)

Crazy final paragraph. The whole article is about Nvidia has artificially created scarcity for its products by funding AI start ups to buy it's products.

It is effectively buying back its own products. This alongside the circular payment systems between AI companies and Nvidia is destined to end very very badly. It can only work while the market grows and share prices go up. It is destined to be one catastrophic collapse when things go the other way.

[–] JcbAzPx@lemmy.world 1 points 4 hours ago

It's also illegal pretty much everywhere.

[–] Damage@feddit.it 80 points 1 day ago

This is only possible because the stock market is a fucking Ponzi scheme

[–] RampantParanoia2365@lemmy.world 5 points 22 hours ago (1 children)

Interesting best interests. I guess Nvidia investors could all have a deep seeded masochistic and self-destruction fetish, but it sounds unlikely.

[–] tankfox@bookwyr.me 5 points 19 hours ago* (last edited 19 hours ago) (1 children)

I have a deep seeded desire to have a 401k but little direct control over how much Nvidia they bought for me. Many 401k packages do not allow particularly granular investments even if I would prefer to shield myself from this obvious financial ant mill.

[–] fosho@lemmy.ca 1 points 10 hours ago* (last edited 10 hours ago) (1 children)

I have a deep seeded desire to correct this to deep seated

[–] tankfox@bookwyr.me -1 points 7 hours ago

you may be right but I think deep seeded makes more actual sense. How about I call it deeply rooted and then we're both a little right.

[–] arules@retrofed.com 0 points 14 hours ago

artificially created scarcity[…]
circular payment systems

gamers relearning capitalism in real time😯