• Bytemeister@lemmy.world
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    17 hours ago

    Yeah. I think Nvidia will be fine. The way I see it, AI either keeps scaling, and Nvidia makes money, or AI collapses, and Nvidia gets to sell a buttload of GPUs to a market segment that has been priced out of upgrading their hardware for the past few years and are desperate for affordable upgrades, and on top of that Nvidia I’m sure has negotiated some kind of payout if their AI customers don’t take delivery of the hardware they are contracted for, so Nvidia gets to double-dip on the equipment they’ve produced. Kind of a win-win for them.

    • kesslerpartyatmyplace@anarchist.nexus
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      4 hours ago

      They might survive. I don’t think they’ll be fine in any situation where they’re forced to return to the consumer market.

      There’s a lot of ridiculously circular financing* here, and if there’s any insistence that money isn’t just completely nonsense bullshit here, some heads are gonna need to roll.

      *okay so Alice takes out a hundred dollar lease from Bob. Bob goes to a bank and uses that as collateral to get a two hundred dollar lease from Carol. Carol takes that to the bank and uses it as collateral to get a loan for a thousand dollar lease from Alice who uses that as collateral to get a 5000 dollar loan from Bob, who… Tl:;Dr: nvidia’s standing on a financial house of cards and betting on a bailout that makes the whole of 08 look like nothing.