this post was submitted on 27 Aug 2026
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[–] Pistcow@lemmy.world 32 points 13 hours ago (3 children)

They going to buy it with an IOU?

[–] artyom@piefed.social 23 points 12 hours ago (3 children)

Nvidia is the only dog in this race that's actually turning profits hand-over-fist

[–] TehWorld@lemmy.world 23 points 12 hours ago (1 children)

Only if the line keeps going up. Ai companies have been “selling” chunks of themselves to NVIDIA for “cash” then these companies turn around and buy hardware from NVIDIA. When the crash eventually comes, NVIDIA will have some percentage of zero (or close enough to count) value company. Basically acting like a bank, just cutting the banks out of the process. NVIDIA shows revenue and the AI company churns their super-inflated value to be even more inflation.

[–] IronBird@lemmy.world 9 points 10 hours ago* (last edited 10 hours ago)

nah, they're basically the best shovel sellers around. practically all their deals take payment up front for the hardware (+lease obligation) on top of some form of constant monetization for the compute used a/o various types of financing schemes (that involve getting outside parties to foot the bill).

jensen knows this game very well and is playing everyone else superbly.

it's obviously a bubble and they will correct along with everything else eventually but compared to the rest NVDA will likely come out far far ahead of everyone else because they bring in actual revenue.

[–] Rothe@piefed.social 2 points 9 hours ago

Most of that money is their own money though, just being paid back to them by the companies they "invested" in. This makes the line go up and adds to Jensen Huangs personal fortune, but it is not actually a profit for the company.

Their main manufacturing business is now making components for datacenters, and those are also starting to lose ground.

Jensen Huang is personally adding to his fortune though, no doubt about that. But so are all the other tech oligarchs, even if their companies are huge bubbles on the verge of explosion.

[–] Tollana1234567@lemmy.today 2 points 10 hours ago

nvidia found suckers for thier chips.

[–] Imgonnatrythis@sh.itjust.works 1 points 11 hours ago

Is that like an NFT?