Please let it collapse.

Also, please let him get punished in Singapore the way they punish drug smugglers. Public floggings and whatnot.

At a Berlin conference, the former CEO told major clients a story about a busy Japanese soup vendor who refused to give him a second serving after he had waited in a long line, saying the vendor had too many customers and not enough soup. Huang used the story to highlight the value of maintaining a diverse customer base and keeping prices high, suggesting that Nvidia's circular financing strategy inflated GPU prices by creating the perception of high demand.

I hear that story and feel like the reason each consumer could.only buy one, was if one person bought them all, he couldn't maintain a consumer base and would be at the whim of his big buyers demands...

The lesson should have been to prioritize amount of customers over a few large contracts that could disappear overnight.

Gee, when I price fix a nation, I have to go to bed without supper.

guess i'm switching to AMD...until whatever bullshit skeletons in their closet come to light. then i guess i'll have to find a new pastime

Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all. - Maynard-Keynes

No shit. That's the entire bubble. None of it is real money.

So is this it? the bubble popping? Feels like the bill is due and we knew the fakery was happening but I wouldn't be surprised if this also gets swept under the rug

This kind of seems like a nothing burger IMO. The circular financing has been public info for some time, the only part of this that is news is that it was mentioned in the WSJ.

So what now, am I gonna be able to afford a couple of HDDs for my server, or was this all just empty fuss?

No shit.

They can't be the only market doing this? 🚗 🚗 🚗

Scapegoat in 3.2...

Boycott them. Really, do it and buy AMD GPUs instead. The only way they will bring their prices down.

Zitron been saying this forever

Nvidia will be required to reimburse customers for the inflated prices and Jensen and those who came up with this scheme will spend years in prison and loose all their wealth right?

Does this mean that we've now ALL officially been fucked by Jensen Huang?

This news makes me feel cheap, like some sort of cheap chinese spy.

Duh

When this is all done, we are gonna have a new term like 'Ponzi Scheme' but for all of the bullshit that Nvidia has been pulling.

How is this different than what the Daily Show lampooned about a year ago?

Ronny Chieng Investigates the Promises of AI, the Most Expensive Circle Jerk Ever

https://www.youtube.com/watch?v=RcPthlvzMY8

This isn't new news, We've known this for years now and it's why we know we've been in a financial bubble

https://thecradle.co/articles-id/41086

Is this news?

Wake me up when they are indicted and jury selection begins. Until then we are just watching them run the clock on statute of limitations because some people get to crime freely.

DUH!!!!

Open secret exposed!

This feels like a cover story meant to distract from the fact that they manufactured his ouster.

say whaaat

Yes, Nvidia wants you on the cloud. They want to rent compute to you not sell it, and they have the backing of fascists who want to use that cloud to monitor you, censor you, and make sure you aren’t creating competing products to disrupt them.

And by “ you” I mean individuals, I mean enterprises, I mean political parties and candidates, I mean engineers, I mean bankers.