this post was submitted on 12 May 2025
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[–] [email protected] 25 points 3 days ago (2 children)

Sometimes it seems to me that just maybe it could be possible that the same two or three companies controlling the entire supply of a crucial component for decades at a time is not really enough to enable the magic hand of capitalism to provide a healthy competitive market.

[–] [email protected] 7 points 2 days ago

Well once upon a time there was this thing called the CHIPS Act ... and while that wouldn't have changed up corporate ownership, it would have at least got some domestic US chip fab going...

But uh Trump shit all over that, took credit for inventing it after he basically cancelled it, and then started a trade war.

Art of the Deal, you see.

[–] [email protected] 2 points 2 days ago (1 children)

In case of Nvidia and AMD, the same family even.

[–] [email protected] 1 points 2 days ago (1 children)

what's the history with that... i never heard of nepotism accusation but this seems sus AF haha

[–] [email protected] 1 points 1 day ago

So I haven’t looked into the details of their respective rise to their position, but Jensen Huang (Nvidia’s CEO) and Lisa Su (AMD) are cousins, make of that what you will.