Many people may see this and assume its just them drinking their own koolaid essentially but there is a bit of a twisted logic to it. They're basically just buying so many of these to keep the foundries happy to make them. They do have this delusion that they'll need more of them, but its more that they want production to increase so they are creating demand. Which is actually WORSE for the economy, because once their bet fails not only are these GPUs worthless but the foundries have built out production capacity that is now worth way less.