this post was submitted on 27 Sep 2025
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Fuck AI

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[–] brucethemoose@lemmy.world 80 points 6 days ago* (last edited 6 days ago) (3 children)

Well Nvidia's the one laughing to the bank here; they've offloaded their GPUs for cash and stakes, and Microsoft/OpenAI/'AI' providers are the ones holding the bag (and GPUs).

Picks and shovels. The profiteers of the gold rush were the suppliers... I mean, Nvidia wants the grift to keep going, of course, but still.

[–] bigfondue@lemmy.world 43 points 6 days ago* (last edited 6 days ago) (1 children)

They'll be hit hard also. Apparently about 50% of their sales revenue comes from 3 customers, almost certainly members of the Magnificent 7 buying GPUs for data centers. In the modern economy, a quarter without revenue growth is failure, but imagine double digit decline.

[–] DreamlandLividity@lemmy.world 22 points 6 days ago (1 children)

I mean, their stock price will take a hit. But realistically, that is not necessarily bad for Nvidia as a company, as long as they are ready for the burst and don't over extend.

[–] brucethemoose@lemmy.world 23 points 6 days ago* (last edited 6 days ago)

Yeah, exactly.

Their stock will tank, but financially? They will be fine. They'll go back to a more sane baseline market with an absolute mountain of cash and disturbing market share to show for it.

[–] artyom@piefed.social 16 points 6 days ago (2 children)

Seriously. NVDA and AMD are the only ones who are going to profit from this. And the CEOs, of course.

[–] Knock_Knock_Lemmy_In@lemmy.world 14 points 6 days ago (1 children)

FYI

Nvidia's CEO, Jensen Huang, and AMD's CEO, Lisa Su, are first cousins once removed.

[–] rafoix@lemmy.zip 15 points 6 days ago

Their golden parachutes are locked and ready.

[–] IronBird@lemmy.world 3 points 6 days ago (1 children)

most of those sales on credit actually

[–] dylanmorgan@slrpnk.net 1 points 6 days ago

So if the buyers default, nvidia is holding the bag.