A new report suggests that all three memory manufacturers — Samsung, SK Hynix, and Micron — have collectively sold through their 2027 memory manufacturing capacity to AI companies.
its nvidia and AI creating a bubble on the belief they’ll be able to get profit and get out before it pops.
But all it is… is imaginary money going around in circles. nvidia invests a trillion in AI, AI buys a trillion dollars of nvidia videocards from some nebulous point in the future where they arent made yet, nvidia invests that trillion back into AI, AI uses it to buy ridiculous amounts of ram that wont be made for years, RAM invests it back into AI, and on and on they go, generating imaginary money and value, by buying imaginary things.
under a sane government this would be investigated as raw stock manipulation and fraud
I really hope when this bubble pops nvidia is destroyed in the process along with the AI companies.
Sold out with pinky promises, not with actual money, no.
its nvidia and AI creating a bubble on the belief they’ll be able to get profit and get out before it pops.
But all it is… is imaginary money going around in circles. nvidia invests a trillion in AI, AI buys a trillion dollars of nvidia videocards from some nebulous point in the future where they arent made yet, nvidia invests that trillion back into AI, AI uses it to buy ridiculous amounts of ram that wont be made for years, RAM invests it back into AI, and on and on they go, generating imaginary money and value, by buying imaginary things.
under a sane government this would be investigated as raw stock manipulation and fraud
I really hope when this bubble pops nvidia is destroyed in the process along with the AI companies.
It’s the same accounting trick as enron, but intercompany instead of internal.