sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day agoAI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates itfortune.comexternal-linkmessage-square46fedilinkarrow-up1173
arrow-up1173external-linkAI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates itfortune.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day agomessage-square46fedilink
minus-squareobviouspornalt@fedinsfw.applinkfedilinkEnglisharrow-up12·1 day agoit’s going to Nvidia, Samsung, Micron, western Digital. companies that make hardware components. those are the pickaxes in this story.
minus-squareveroxii@aussie.zonelinkfedilinkEnglisharrow-up3·1 day agoAlso maybe construction companies etc who build the data centres… They don’t care if the centre is ultimately profitable… They’re getting paid now.
minus-squareLudicrous0251@piefed.ziplinkfedilinkEnglisharrow-up6·1 day agoConstruction companies run pretty tight margins because it’s an industry with a lot of competition. I’m sure they’re not hurting, but the niche component suppliers are robbing the economy blind.
it’s going to Nvidia, Samsung, Micron, western Digital. companies that make hardware components. those are the pickaxes in this story.
Also maybe construction companies etc who build the data centres… They don’t care if the centre is ultimately profitable… They’re getting paid now.
Construction companies run pretty tight margins because it’s an industry with a lot of competition. I’m sure they’re not hurting, but the niche component suppliers are robbing the economy blind.