The company's shares soared by nearly 470% in its market debut, as the AI boom drives chip demand.
    • Vik@lemmy.worldEnglish
      2·
      5 hours ago

      I’d love for that to be the case but they’ve no incentive to significantly undercut the big three

      • Pika@sh.itjust.worksEnglish
        4·
        4 hours ago

        even a minor undercut would increase market presence which would be a pretty good incentive for them though. I expect you are right though that I wouldn’t expect massive sweeping changes, but I do think it will cause some conflict and competition which may lower prices across the board. The issue is… supply needs to go over demand, and there is currently a lot of demand.

        • eldavi@lemmy.mlEnglish
          1·
          19 minutes ago

          i bet they get tariff-ed or sanctioned out of existence for daring. lol