โฒ 485 โผ 2027 RAM Capacity Has Reportedly Been Sold out (www.ign.com) submitted 3 months ago by cantankerous_cashew@lemmy.world to c/technology@lemmy.world 159 comments fedilink hide all child comments ๐คฌ 3
[โ] napkin2020@sh.itjust.works 75 points 3 months ago (6 children) Sold out with pinky promises, not with actual money, no. permalink fedilink source hideshow 6 child comments replies: [โ] A_Random_Idiot@lemmy.world 46 points 3 months ago* (4 children) its nvidia and AI creating a bubble on the belief they'll be able to get profit and get out before it pops. But all it is.. is imaginary money going around in circles. nvidia invests a trillion in AI, AI buys a trillion dollars of nvidia videocards from some nebulous point in the future where they arent made yet, nvidia invests that trillion back into AI, AI uses it to buy ridiculous amounts of ram that wont be made for years, RAM invests it back into AI, and on and on they go, generating imaginary money and value, by buying imaginary things. under a sane government this would be investigated as raw stock manipulation and fraud I really hope when this bubble pops nvidia is destroyed in the process along with the AI companies. permalink fedilink source parent hideshow 4 child comments replies: [โ] Knock_Knock_Lemmy_In@lemmy.world 14 points 3 months ago It's the same accounting trick as enron, but intercompany instead of internal. permalink fedilink source parent [โ] boonhet@sopuli.xyz 9 points 3 months ago (2 children) Nvidia already made tons of profit off it. They're the ones selling shovels. permalink fedilink source parent hideshow 2 child comments replies: [โ] Magnum@infosec.pub 10 points 3 months ago nvidia is actually the only one that made profit permalink fedilink source parent [โ] cantstopthesignal@sh.itjust.works 5 points 3 months ago* (last edited 3 months ago) Then Nvida financed more shovels to the speculators in the hopes that enough of them will strike gold it will get paid back, but also created a shortage in the shovel market so the price of shovels is going through the roof. permalink fedilink source parent [โ] ExcessShiv@lemmy.dbzer0.com 5 points 3 months ago If by "pinky promises" you mean contractually binding letters of intent, then yes. This is standard procedure in any manufacturing industry when dealing with orders of massive quantities, because it normally also requires investment from the manufacturer in equipment which they don't make on non-binding "pinky promises). permalink fedilink source parent
[โ] A_Random_Idiot@lemmy.world 46 points 3 months ago* (4 children) its nvidia and AI creating a bubble on the belief they'll be able to get profit and get out before it pops. But all it is.. is imaginary money going around in circles. nvidia invests a trillion in AI, AI buys a trillion dollars of nvidia videocards from some nebulous point in the future where they arent made yet, nvidia invests that trillion back into AI, AI uses it to buy ridiculous amounts of ram that wont be made for years, RAM invests it back into AI, and on and on they go, generating imaginary money and value, by buying imaginary things. under a sane government this would be investigated as raw stock manipulation and fraud I really hope when this bubble pops nvidia is destroyed in the process along with the AI companies. permalink fedilink source parent hideshow 4 child comments replies: [โ] Knock_Knock_Lemmy_In@lemmy.world 14 points 3 months ago It's the same accounting trick as enron, but intercompany instead of internal. permalink fedilink source parent [โ] boonhet@sopuli.xyz 9 points 3 months ago (2 children) Nvidia already made tons of profit off it. They're the ones selling shovels. permalink fedilink source parent hideshow 2 child comments replies: [โ] Magnum@infosec.pub 10 points 3 months ago nvidia is actually the only one that made profit permalink fedilink source parent [โ] cantstopthesignal@sh.itjust.works 5 points 3 months ago* (last edited 3 months ago) Then Nvida financed more shovels to the speculators in the hopes that enough of them will strike gold it will get paid back, but also created a shortage in the shovel market so the price of shovels is going through the roof. permalink fedilink source parent
[โ] Knock_Knock_Lemmy_In@lemmy.world 14 points 3 months ago It's the same accounting trick as enron, but intercompany instead of internal. permalink fedilink source parent
[โ] boonhet@sopuli.xyz 9 points 3 months ago (2 children) Nvidia already made tons of profit off it. They're the ones selling shovels. permalink fedilink source parent hideshow 2 child comments replies: [โ] Magnum@infosec.pub 10 points 3 months ago nvidia is actually the only one that made profit permalink fedilink source parent [โ] cantstopthesignal@sh.itjust.works 5 points 3 months ago* (last edited 3 months ago) Then Nvida financed more shovels to the speculators in the hopes that enough of them will strike gold it will get paid back, but also created a shortage in the shovel market so the price of shovels is going through the roof. permalink fedilink source parent
[โ] Magnum@infosec.pub 10 points 3 months ago nvidia is actually the only one that made profit permalink fedilink source parent
[โ] cantstopthesignal@sh.itjust.works 5 points 3 months ago* (last edited 3 months ago) Then Nvida financed more shovels to the speculators in the hopes that enough of them will strike gold it will get paid back, but also created a shortage in the shovel market so the price of shovels is going through the roof. permalink fedilink source parent
[โ] ExcessShiv@lemmy.dbzer0.com 5 points 3 months ago If by "pinky promises" you mean contractually binding letters of intent, then yes. This is standard procedure in any manufacturing industry when dealing with orders of massive quantities, because it normally also requires investment from the manufacturer in equipment which they don't make on non-binding "pinky promises). permalink fedilink source parent