In a normal non-bubble world it would just be considered anti-competitive practices. Also typically it's not possible to do this, as it's like lighting a pile of money on fire and a single company can't afford to buy everything to starve their competition of infrastructure. A private business would vote that moron out, and a public one does the same with shareholder votes.

The problem was irrational exhuberance and everybody doing it everywhere. It self corrects eventually with the public likely eating the losses... but the hardware itself is marked down, discounted, and liquidated just the same so it'll restore the market for components that way.

At least we can bask in all the CEOs being fired for not having a better Quarter after it crashes and they need the consumers to save their asses again. We will never consume as much as fake AI data centres.

All this shit was going to be put in warehouses and likely won't ever even see a data centre. They know this isn't true demand for a product driving their costs. It's all completely fake. If it weren't, the likes of Musk's xAI wouldn't be selling their extra compute to their competitors. They've already covered all the current usage, and excess, so why do they need more data centres at all?

They bought the manufacturing capacity.