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
Discovering that their hardware suppliers have only ever used them for their money has seriously hurt their egos and broken their brains.
I get what you’re trying to say here, but this part is literally just how retail works. I pay you money, you give me the goods I want, and the money I pay you enables you to stay in business producing whatever it is for when I need another one.
I think basically the entirety of Nvidia’s leadership could be pushed into a volcano and the average value of humanity would slightly increase. But expecting their operation to be some kind of charity is a bit silly.
The major thing that us capital-G gamers have been pissed about, and rightfully so, is not only Nvidia’s rather well documented abuse of its consumer side customer base for a very long time but also the fact that they’re functionally the only game in town for a lot of purposes. Now it turns out that this is for completely artificial reasons, i.e. Jensen Huang formerly of Nvidia and Lisa Su of AMD are literally blood related to each other and privately agreed not to compete with each other in the high end consumer GPU market. So by design there isn’t even any competition. AMD “wins” in processors and Nvidia “wins” in video cards and both of them can therefore just charge whatever the fuck they want. That is indeed some bullshit.
I get what you’re trying to say here, but this part is literally just how retail works. I pay you money, you give me the goods I want, and the money I pay you enables you to stay in business producing whatever it is for when I need another one.
I think basically the entirety of Nvidia’s leadership could be pushed into a volcano and the average value of humanity would slightly increase. But expecting their operation to be some kind of charity is a bit silly.
The major thing that us capital-G gamers have been pissed about, and rightfully so, is not only Nvidia’s rather well documented abuse of its consumer side customer base for a very long time but also the fact that they’re functionally the only game in town for a lot of purposes. Now it turns out that this is for completely artificial reasons, i.e. Jensen Huang formerly of Nvidia and Lisa Su of AMD are literally blood related to each other and privately agreed not to compete with each other in the high end consumer GPU market. So by design there isn’t even any competition. AMD “wins” in processors and Nvidia “wins” in video cards and both of them can therefore just charge whatever the fuck they want. That is indeed some bullshit.
It’s not artificial reasons. This is just how markets operate. Once they’re pared down to a handful of players, they split territory like gangs.
This is the late-stage capitalism people keep talking about. This is what it looks like. It’s the normal, natural progression of the system.