New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop
He’s basically spent the last few years bullying other companies in to buying up stock, even when they aren’t in a position to use it, otherwise they won’t get access to the next generation of cards. Abuse of market dominance writ large.
He’s basically spent the last few years bullying other companies in to buying up stock, even when they aren’t in a position to use it, otherwise they won’t get access to the next generation of cards. Abuse of market dominance writ large.