83
NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline (wccftech.com)
submitted 6 days ago by to c/pcmasterrace@lemmy.world
9 comments fedilink hide all child comments

all 9 comments

sorted by: hot top controversial new old
[–] 43 points 6 days ago (1 child)

Can… regular people just get some GPUs instead pls

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
    • [–] 26 points 6 days ago (1 child)

    Half of FAANG is built on this circular financial lie. So many people banking on index funds will lose their retirement.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
  • [–] 17 points 5 days ago (2 children)

    if index funds collapse the whole fucking economy goes with it

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 9 points 5 days ago

    This is my exact thought. If my IRA tanks because of total market index funds… not having a retirement will be the least of my worries. The entire country will collapse long before I make it to 67.

  • permalink
  • fedilink
  • source
  • parent
    • [–] 8 points 5 days ago

    On a strategic level, however, by earmarking just around $7 billion for Poolside, NVIDIA is gaining a significant hedge against a possible collapse in demand for its GPUs,

    NVIDIA claims it will get $600 bin in revenue next year. This isn't even a wee in a tsunami .

  • permalink
  • fedilink
  • source
    •