this post was submitted on 23 Jan 2026
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[–] IronBird@lemmy.world 4 points 1 day ago (1 children)

nvidia is the one selling shovels

[–] WalleyeWarrior@midwest.social 2 points 19 hours ago (1 children)

And their entire value is based on them having committed all their future shovels for the next 8 years. So what happens when all those contracts are cancelled because the buyers are bankrupt?

[–] IronBird@lemmy.world 2 points 19 hours ago

not saying the stock price won't plummit, just that nvidia won't be the one holding bags when the dust settles