Quite the contrary! They effectively sell their cards at a ~20% discount to a bunch of AI companies by “investing” in the companies for a promise to use that money to buy their cards.
It’s as dumb as it sounds and textbook unsustainable economic bubble behavior, but NVidia don’t care because more sales = more stonks = more money to “invest” = more sales = more stonks = more yachts for Jensen. So what if it makes 1929 look like a walk in the park, it’s not their problem.
You don’t get to be worth 5 trillion dollars by giving out discounts…
Yeah sadly. Then sell out to big corpos doing AI and neglect the original audience for your products.
Quite the contrary! They effectively sell their cards at a ~20% discount to a bunch of AI companies by “investing” in the companies for a promise to use that money to buy their cards.
It’s as dumb as it sounds and textbook unsustainable economic bubble behavior, but NVidia don’t care because more sales = more stonks = more money to “invest” = more sales = more stonks = more yachts for Jensen. So what if it makes 1929 look like a walk in the park, it’s not their problem.