• gravitas_deficiency@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    70
    ·
    3 days ago

    I’m almost completely certain that Huang doesn’t give a fuck, considering their datacenter-oriented sales are just printing money at this point.

      • Venat0r@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        edit-2
        10 hours ago

        It works because it somehow convinces some investors, and then others are just speculating on how long the equity spin cycle will keep going.

        It’s like a game of hot potato but the potatoe gets hotter with each pass.

      • gravitas_deficiency@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        9
        ·
        edit-2
        1 day ago

        I know - the blatant round-tripping is utterly fucking insane, considering how much that tactic contributed to the .com bubble as well as 2008.

        Also, fantastic visual representation of the situation lmao

        • Jhex@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 day ago

          yes, it’s incredible because not only it’s a round trip of the same money, it requires each participant in the chain to pull 3 miracles in perfect order…