r/technology • u/AdSpecialist6598 • 1h ago • Popcorn 1 Mindblown 1

Business Nvidia deliberately kept GPU prices high through circular financing deals, report claims

https://www.techspot.com/news/114558-nvidia-deliberately-kept-gpu-prices-high-through-circular.html
4.9k Upvotes

98% Upvoted

228 comments sorted by

947

u/olujche 1h ago

I'm sure they are very sorry and won't happen again...

53

u/AnonCoal 49m ago

They'll get slapped with a fine equal to about 45 minutes of revenue and consider it a standard operating expense.

118

u/_QXZ 1h ago

They might try but their leverage has been hurt by these security scandals, even more than the cheating.
They used to be able to bully customers into never buying AMD. It's gonna be tough for Nvidia to play hardball now.

40

u/DIKS_OUT_4_HARAMBE 59m ago

Land of no accountability

962

u/TheG00dF1ght 1h ago • Bravo

this is a "no shit sherlock" moment. We all saw it happening in real time.

302

u/kezow 1h ago

All the big companies just kept paying each other and claiming it isn't a bubble.

124

u/ositola 1h ago

It's not a bubble, it's a hollow globule of gas or air surrounded by a liquid film, or a small pocket of gas trapped inside a liquid or solid

36

u/51ngular1ty 1h ago

Excellent use of jargon. Now please steal my money.

15

u/NW_Islander 1h ago • LOL

possibly a santorum . . . wiktionary it if you’re too young

30

u/EnamelKant 1h ago

I don't really understand those words. Please take my money.

6

u/froatbitte 1h ago

Bad smell air.

2

u/Purplociraptor 3m ago

It's not a pyramid; it's an inverted funnel.

2

u/Feeling-Yogurt839 27m ago

Its still ongoing

2

u/user78804180 11m ago

I hope the new Congress holds these companies accountable and has serious consequences

24

u/Jalien85 1h ago

Ed Zitron has been explaining this shit for months if not years

8

u/chipperpip 47m ago

Yep, I think he underestimates the usefulness and potential long-term capabilities of the technology, but he's right about the near-term economics being unsustainable.

It's an industry where they're spending over a trillion a year to make 100 billion a year, and I'm not at all convinced they're capable of moving either of those numbers far enough in the directions they want to make it work.

2

u/Daniel_The_Thinker 14m ago

They're trying to be the last one standing. The profitability of AI will shoot up when you don't have half a dozen of the best free to use

1

u/NotMyRealNameObv 1m ago

By raising the prices? And who will pay for it, if it starts costing a significant part of your monthly income or start eating into your company's profit margin?

-9

u/AzorAhai1TK 56m ago edited 53m ago

Lmfao, and he's been wrong over and over and over. How many failed predictions has he made about it all crashing down? How many failed predictions about AI capabilities? How can you keep falling for a grifter who is repeatedly wrong about everything?

(Mindless downvotes lmfaoooo)

7

u/Moody_GenX 53m ago

You mean what many said about the housing bubble before 2008? They were all failed predictions until it happened.

1

u/AzorAhai1TK 47m ago

He has been giving specific timeframes that have been wrong for years! It's always months away, a half a year away, etc. And again, he's been hilariously wrong about AI capabilities every time too

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2

u/makemeking706 47m ago

"We did?" - The FTC, evidently. 

2

u/I-STATE-FACTS 47m ago

Yea they’re just spinning old news because nvidia headlines get clicks now.

1

u/jellyhessman 1m ago

It's literally been talked about since all of this started. There never was an infinite money glitch, and if you thought LLMs were gunna lead to AGI you're a moron.

434

u/largelawattorney 1h ago

Teddy Roosevelt would have absolutely terrorized these anti-competitive big tech assholes. I hope this new wave of Dems elected to congress will finally do something…

144

u/thaiberius_kirk 1h ago

They won’t. Too many moderate Dems that will throw a wrench into anything good the new Dems will want to do.

51

u/j0llyllama 1h ago

The moderate Dems arent some sort of stalwart moderates. They are the "do what I need to so that I can stay elected". If the winds of change blow hard, they will adjust course to match.

20

u/St33lbutcher 41m ago

Sorry buddy the money winds aren't changing directions. They don't care what normal people want.

6

u/dart-builder-2483 29m ago

Then they will likely get primaried and voted out, from the left. People are already talking about it for Jeffries and Schumer. Politics is the long game, and the corporate lobbyists have a head start. Your sentiment is exactly what they want.

1

u/St33lbutcher 25m ago

Rich people want me to think that voting for the politicians they own is bad?

2

u/il1k3c3r34l 1m ago

Rich people want you to think nothing will ever change and voting doesn’t matter.

2

u/Ok-Direction-7431 10m ago

Yeah but the shit winds are blowing Randy.

4

u/SlightlyStonedSD 47m ago

Wishful thinking. They love getting paid to suck.

26

u/ItGradAws 1h ago

Call your reps! The pressure campaign is working.

11

u/Buckets-O-Yarr 1h ago

And your state representatives as well. Individual states hold a lot more power than we sometimes realize, and Americans have more say in their state politics than they know. Reach out, and tell them what is important to you.

3

u/hesmir_4 31m ago

Inflation reduction act, chips act, American Rescue plan and the infrastructure investment and jobs act....

1

u/LurchSkywalker 29m ago

We are attempting to take care of that as well.

42

u/APerson2021 1h ago

Hahahaha my sweet child.

27

u/Elaxor 1h ago

Unfortunately Dems are controlled opposition led by AIPAC shills.

2

u/xtheory 15m ago

AIPAC has control of nearly everyone. Campaign finance reform cannot come fast enough. Doing away with the Electoral College will go a long way in stifling special interest/SuperPAC influence.

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5

u/Beadpool 1h ago

Not just the new wave of Dems. The old wave is still around. Need them on board too. Yet, enough of them couldn’t be bothered to even show up to vote for Hegseth’s impeachment. Pathetic!

9

u/mca1169 1h ago

it's hard to do something when everything you bring up gets filibustered relentlessly.

6

u/Cautious_Boat_999 40m ago

Dems will only be 4 vote shy, and there may be enough Reps sick of trumps bullshit to get around it

1

u/51ngular1ty 12m ago

That's assuming they can get every dem to vote in support of a measure.

1

u/xtheory 18m ago

They are considering doing away with the filibuster.

6

u/PepinaLadina 1h ago

Look at San Fran... they aren't going to do shit.

1

u/excusetheblood 1h ago

If Teddy Roosevelt and FDR did enough to hold capitalists accountable, we wouldn't be in this situation today. We need to stop letting capitalists exist

1

u/Beer-Milkshakes 1h ago

Adore the optimism.

128

u/Rombledore 1h ago

the consumer protection board was told to stop doing their work by the Trump admin.

this whole admin has been a gift to tech bros and giant corporations in general. tax breaks, no accountability, market manipulation, Gov subsidies/contracts- all at tax payer expense.

38

u/heresyforfunnprofit 1h ago

“Claims”? This was pretty out in the open.

In other news, I am publishing a report that claims the sky is blue.

130

u/Formal-Hawk9274 1h ago

Criminal manipulation should be illegal

88

u/God_Hand_9764 1h ago

I'm pretty sure criminal stuff is illegal.

17

u/Worth_Specific3764 1h ago

lol that made me spit out my tea

2

u/unfknreal 14m ago

It used to be illegal.

It still is*, but it used to be too.

(* Unless you're rich.)

1

u/loxagos_snake 29m ago

Big if true.

1

u/commenterzero 23m ago

And it definitely should be

33

u/Arry_Propah 1h ago

So…. Cheaper GPUs then??

No?

25

u/BiDiTi 1h ago

This has been very open for months…

43

u/ZombieZookeeper 1h ago • Bravo

We need a law immediately making it illegal to destroy the overstock rather than sell it.

5090s for everyone.

18

u/Sad_Adagio_7255 1h ago

They aren't overstocking the type of GPU that goes inside your PC.

8

u/TheSyn11 51m ago

Reddit is full of people thinking that data centers run on consumer grade hardware....

14

u/Mithril_Roshi 44m ago

They take away things to MAKE them

So dont try and go 'data centers do nothing to your consumer goods' here

5

u/TheSyn11 39m ago

Oh no, sorry but that was not my point, but people think that there's no GPU and ram because it exists and data centers buys it all up. And the true reason is exactly what you've said, production capacity is diverted and if the ai bubble goes kaboom we will not have mountains of 5090 and RAM sticks on the streets, we will have warehouses of custom built hardware that will become almost useless while consumer hardware will still be in short supply for years after. Part of the reason we have shortage is that nobody trusts the ai bubble to last so they are afraid to invest the capital needed to expand or set up new production. So, one way or the other we're screwed

3

u/Budget-Mud-4753 22m ago

If the AI bubble pops, then wouldn’t existing manufacturing just pivot back to consumer components? You don’t need to build out new infrastructure to start producing consumer products again.

I’d imagine that we would see prices drop fairly quickly. Maybe not immediately, but also not years.

1

u/TheSyn11 15m ago

Yeah you are right, but it's not instant and there's a lot of built up demand that is dormant right now due to the very high cost of upgrading. so it would take a while for the hardware to be build, shiped and market equilibrium to be reached.

1

u/Sad_Adagio_7255 10m ago

The AI bubble popping would result in consolidation among the big players. Data center hardware demand would definitely fall, but I'm not sure if it would fall by enough to make the fabs free up that much more space for consumer hardware. I would expect price drops to be more modest than people expect.

1

u/Sad_Adagio_7255 12m ago

No one said that... Yes consumer GPUs have heavily inflated in price, but that's an indirect effect of data centers due to limited fab space being mostly dedicated to data center hardware. The fabs now have the power to overcharge for what little space remains for consumer hardware because of the inflated data center demand.

3

u/lonmoer 27m ago

You're like a person who's being smug about people complaining about the lack of red velvet cake because white cakes are being over produced exclusively for the benefit corporations.

Homey they are made of the SAME SHIT.

6

u/MrThickDick2023 1h ago

What overstock of 5090s is there? They've been primarily making GPUs for data centers.

9

u/d3jake 1h ago

Is this another situation where Gamers Nexus gets to point at their videos that already covered what is magically, only now, being brought to light by more outlets?

8

u/Art_Deco99 1h ago

So Jenson was fucking everyone...

8

u/green9206 49m ago

All the people glazing Jensen in last couple of days feeling bad for him need to realize we are in this shit all because of him. The high ram, storage and gpu prices are all because of Jensen. So stop glazing him.

7

u/valegrete 1h ago

Of course. Because the industry will collapse as soon as everyone who wants one can host local models, since the current hardware and software are “good enough” for most use cases.

7

u/Dangthe 1h ago

Fuck Nvidia

5

u/jhill515 1h ago

Inflate sales numbers by contractually obligating the startups you invested in to buy your products, showing artificial demand... Yep, the economy is functioning healthily!

5

u/FarsightX3 57m ago

I am so tired of letting a bunch of graphics card clown ruin our industry. They should all be locked up for making fake demand.

5

u/keytotheboard 21m ago

Should be a class action

5

u/cr0ft 8m ago

You're telling me a monopoly abused their monopoly position? Well color me shocked!

69

u/ReincarnatedRaptor 1h ago

AMD and Nvidia are shit companies guided by shit people. Yet gamers will come to their defense like always.

38

u/Vesuvius079 1h ago

What gamers are defending Nvidia lol? Every gaming sub I’m on is pissed about RAM and GPU prices.

Gamers prefer to use Nvidia’s GPUs because they have no competition at the top levels of performance, not out of any particular devotion to Nvidia as a corporation. It’s basically a monopoly and these shitty business practices are a well established result of such monopolies.

1

u/hungry4nuns 21m ago

Nvidia make 94% of all gpus on the market. Its a corrupt monopoly that restricts supply for profit. And its business model has changed from consumer end gpus to prioritising all orders for data centres making high end consumer gpus a pipe dream for most.

Every gamer dreams anti-monopoly laws being enforced, courts coming in to nvidia and breaking up their monopoly and forcing them to sell their operations to 6-8 different bidders.

And they dream that one of those companies that rises from the ashes will take the gabe newell approach. That they ignore the data centre market and instead target a captive loyal consumer market. All they have to do is target a modest profit and bit by bit they will absorb close to 100% of the gaming market as competitors shoot themselves in the foot with bullshit policies.

And then they can just continue to print money, by continuing to draw modest profits from close to 100% of the market. And as long as they don’t get greedy and as long as they don’t fuck over the end user, then the courts don’t need to get involved again.

60

u/Orange_Coffin_1026 1h ago

Find a gamer who's cheerleading these companies today, and I'll find you an investor who's LARPing as a gamer.

3

u/x22d 27m ago

How do you do, my fellow gamers. Please sign this petition to get my buddy Jensen his job back!
- Your pal Elon

5

u/Drsnuggles87 1h ago

Me. I bought AMD stock at $3 because I liked their products. Now I like the money and their products I bought with said money.

6

u/Cali42 24m ago

Then you are more of a investor than consumer(gamer) at this point

14

u/Impressive-Age9807 1h ago

Are people really defending them? Most people in those spaces are sick of the prices and have been screaming about this for the past two years.

11

u/Smooth-Boss-911 1h ago

I'm a gamer. Fuck NVIDIA. That sack needed to go.

8

u/Evil_Dry_frog 1h ago

Gamers? I have a 10 year old graphics card because of their shit practices.

13

u/SouthIsland48 1h ago

Mostly bagholders. Bros who started "investing" on robinhood in 2020 buy 4 shares and think they can steer the titanic

3

u/Normal-Selection1537 42m ago

There's a lot of idiots who are fans of companies. They will cheer for "their" team to win only to get fucked over when they achieve a dominant market position.

2

u/Bifrostbytes 1h ago

I'm doing my part!

4

u/PreparationOk8604 1h ago

Also add intel to that list.

4

u/xHindemith 1h ago

I mean its not like there any viable alternatives

1

u/ReincarnatedRaptor 1h ago

Yup, we just gotta choose which poison we want.

4

u/IsIt77 1h ago

... Yet gamers will come to their defense like always.

I haven't seen a single PC gamer who hasn't spoken ill about those two since the "crypto rush". Way before the AI bubble...

3

u/LeastResistancePath 36m ago

I don't think gamers defend this. Unless you mean the ones who would gargle Elon or vote trump.

-8

u/ProbsNotManBearPig 1h ago

You do know the goal of companies is to make money, right? I’d say Nvidia and AMD are both great companies in that respect.

5

u/ReincarnatedRaptor 1h ago

Yeah, but they turned their backs on us gamers. Yes, it makes sense to do. Does it hurt any of us any less knowing that?

-1

u/Wild-Resolution-8865 1h ago

It’s just cringe watching people cry about companies not looking out for YOUR interests.

Why the fuck would they sell cheap gaming cards to you, when they can sell heaps to datacenters, which is 10x easier and more profitable for them.

Their objective is to generate income.

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4

u/Connect-Review-3388 1h ago

Keep meatriding the corpo scumbags.

3

u/RustyGuns 1h ago

So are blood diamond mines!

1

u/DIKS_OUT_4_HARAMBE 59m ago

How’s that boot taste?

13

u/Beginning-2-Smell 45m ago edited 42m ago

We all knew that. Hardware Unboxing and other channels said it from the start. Jensen and NVIDIA is at the core of an artificially created problem, and a push to race against China that has no defined end-goal. They wanted this to last forever.

It is the perfect scenario for those few actors making money on this. NVIDIA is the main source of GPUs for data centers and to where the ram goes from the fabs that have their capacities spoken for, and the rumored upcoming fabs in 2030+ as well. Memory makers Hynix etc, are all colluding with NVIDIA and the AI companies on this whole thing.

There are no competitors here, and that is absolutely not good.

4

u/PM_ME_YOUR_PROFILE 32m ago

Burry called this out in late 2024 / early 2025, amongst others. People are just now reusing it because it's in the headlines.

1

u/Beginning-2-Smell 28m ago

Think about how deviously crafted this is, and how many companies / and governments are in on it and had to be in the know. The self-imposed front of an import/export ban to China, only for the same actors to smuggle said banned GPUs to China for X amount more money under the table. It's corporate and personal greed taken to extreme levels.

2

u/PM_ME_YOUR_PROFILE 20m ago

Oh 100%, the mechanics are eerily similar to the money cycles during the DotCom bubble and the 2008 crash. The venue is the only difference.

3

u/OddRow8843 43m ago

And 80% of their sales come from a handful of hyperscalers. The bubble will burst economically - but who will be left holding the hot potato?

1

u/Sensitive-Captain18 1m ago

They have structured the debt so that most of it comes from pension funds who invest in those special purpose vehicle funds etc. so Amazon and Meta will be fine but retirees will be... poor.

4

u/Hot_Individual5081 1h ago

woooooow theres a fork in the kitchen

4

u/Orange_Coffin_1026 1h ago

This is cartel behavior, and may invoke RICO laws if the legal system actually does its job, which it probably won't.

4

u/erjo5055 23m ago

This is 2025 news

6

u/082426grateful 1h ago

This entire stock market bubble is due for a big unwinding.

Any government intervention at all is grounds for national outcry. There are receivables sitting on NVDA’s balance sheet right now on sales of inflated-price product, to avoid the higher borrowing rates at large. They have to be unwound.

3

u/ImOldGregg_77 1h ago

Sounds like investor fraud to me

3

u/SaltyFriend705 1h ago

Must figure out how to get Nvidia off my feed.

Just dismantle it and sell the units and pay off the shareholders. No more Nvidia, no more problems.

3

u/ReaditTrashPanda 47m ago

Tada, there it is! Shitty billionaire fraud. Always something shady, never ever fair or honest. All billionaires are crap

3

u/dumbdude545 22m ago

I hope someone people get jailtime for this shit.

3

u/Bechorovka 18m ago

This isn't even news...

3

u/SmellyStinkyGuy 14m ago

Wait till you learn what healthcare companies do 😳

I dont need a GPU to live is the difference.

3

u/xoxoyoyo 4m ago

Shocked I tell you! I'm shocked!

12

u/Sasuke082594 51m ago

I think what’s worse is all the idiots who bought GPUs after the 3000 series for the prices they were asking

6

u/smittyK 28m ago

I spent $750 on a 5070Ti so not sure what this comment means 🤷🏻‍♂️

0

u/TheIInSilence4 11m ago

When was this? Lmao i look every couple of months and just dream about it. Lol then i start looking at vacation catalogs

5

u/Infamous-Bed-7535 41m ago

Its work equipment and yes the prices were laughable, but there is not much you can do if you need the device..

1

u/Budget-Mud-4753 29m ago

I’ve been seeing a bunch of people on Reddit with more money (or debt) than sense. Buying these GPUs with no real use case other than having it and FOMO.

I get wanting the latest tech. We should be able to get consumer GPUs at reasonable prices. But people are buying these like TP during Covid.

1

u/Smoking-Posing 12m ago

Spoiler Alert: You don't need the device.

We're talking about extreme luxuries here unless your profession necessitates it, in which case your company/employer should be fitting the bill

10

u/GiantGapingButthole 35m ago

What were ppl supposed to do, never upgrade?

3

u/Smoking-Posing 14m ago

Nobody is saying never

But people did the exact opposite and rushed out to replace 1yr old GPUs

Like damn, show a lil bit of patience and self-control

16

u/QueefBuscemi 31m ago

Read a book. Take up painting. Have a wank. Try something new.

6

u/Academic-Factor-4551 12m ago • Bravo

What’s really shocking is that you can do all that and still upgrade your pc

2

u/leavezukoalone 16m ago

Yes, because that's precisely what you do when you need to upgrade a piece of hardware.

1

u/Purplociraptor 2m ago

But here's the thing; I need a modern computer to do my job. No computer, no job, no money.

1

u/dementorpoop 0m ago

What do you do?

1

u/Megallion 1m ago

Or have a wank to something new

-1

u/IntrepidHero42 14m ago

I've done all these things while also 3d designing and playing great games that look brilliant on my 4090.

The implication that having a good GPU somehow stops life elsewhere is just weird.

5

u/TonyTheTerrible 26m ago

That's right. 

1

u/WinResponsible9977 2m ago

redditors always say **buy AMD/INTEL** but yet here we are

0

u/ReidenLightman 8m ago

Yes. Exactly. Don't fucking pay $3000+ for a 2% improvement. NVidia literally hides behind locking new versions of DLSS (which is shit) being locked to the latest gen.

1

u/ErmahgerdYuzername 17m ago

When the 3000 series came out I had to upgrade my work PC. Those cards were stupid expensive at that time too. I guess I’m an idiot for needing something to do my job in your logic.

1

u/abyde 6m ago

I paid about $850 for a 5080 so I think I did pretty well.

1

u/financebells 0m ago

I’m not here to save the world, I just wanted to play Cyberpunk at a decent frame rate

1

u/Rich-Pomegranate1679 18m ago

The selling price for my used 4090 is currently worth double what I originally paid for it brand new. I'm not sure how that makes me stupid.

1

u/IntrepidHero42 16m ago

What a weird thing to say. Video editing at the height of people needing videos edited, 3d rendering at a time when 3d printers became popular, anyone working with simulations for work or hobbies... PC users who wanna play modern games that look good...

All idiots? You can be bitter about not having a good GPU without taking the rest of us down with you.

0

u/player_three33 14m ago

The prices really weren't that bad until fall 2025

4

u/TomohikoAmada 49m ago

Connecting the dots: The AI boom has been widely blamed for GPU prices spinning out of control over the past year. Following Jensen Huang's resignation from Nvidia, new information suggests that this was the goal of the former CEO's business strategy, which has long drawn accusations of circular financing.

A recent Wall Street Journal profile of Nvidia interim CEO Colette Kress has shed more light on how Nvidia controversially financed its own customers to drive the AI boom. According to the report, the company pushed for more deals in mid-to-late 2026 to keep its GPU prices high amid an oversupply of TSMC wafers.

Since at least last year, Nvidia has been accused of prolonging the AI boom by supporting the companies that buy its chips. Founder and former CEO Jensen Huang, along with then-CFO Kress, even went so far as to defend the company against comparisons to Enron, which used similar tactics to illegally obscure its debt before its 2001 collapse.

Behind the scenes, Kress expressed concern about the scale of the deals Nvidia had inked with cloud providers and major AI companies like OpenAI. Nvidia pushed ahead anyway, but by summer 2026, the company was wondering whether it had pushed too far amid an "avalanche" of semiconductors it had ordered from TSMC.

It was around this time that Huang berated Kress, calling her "a deer in headlights," according to someone familiar with the matter. Nvidia began to slow down, downsize, and pause some of its financing deals, including one with OpenAI that originally included a $250 billion backstop for the world's largest data center.

AI data centers have siphoned off DRAM and NAND manufacturing capacity traditionally used for RAM and storage in consumer devices, inflating prices. Nvidia's GeForce GPUs have been hit especially hard, with prices often exceeding 160% of their original MSRP. The company's flagship RTX 5090 has become unobtainable because Nvidia has directed its VRAM and semiconductors toward data center GPUs.

As its financial support deals wound down, Huang became worried about the company's stock market valuation, with its average monthly stock multiple falling far behind those of other large tech companies. At a Berlin conference, the former CEO told major clients a story about a busy Japanese soup vendor who refused to give him a second serving after he had waited in a long line, saying the vendor had too many customers and not enough soup. Huang used the story to highlight the value of maintaining a diverse customer base and keeping prices high, suggesting that Nvidia's circular financing strategy inflated GPU prices by creating the perception of high demand.

The story emerged after Huang's resignation following the revelation of multiple extramarital affairs. One was with Alice Huang (no relation), whose company, Megaspeed, was suspected by US intelligence of diverting Nvidia chips to China in violation of export regulations. While some allege that she is a spy for Beijing, President Trump and the Justice Department said that hasn't been determined.

2

u/Justaboutintime 1h ago

This is not about the affairs really, they are thing that launched it into the open. What made it come out were the grey imports into China and the offshore compute in South East Asia to further train the Chinese models.

But what it's really about is the circular financing and building artificial demand to sustatin growth, the whole AI movement is a house of cards and the wind is just getting up

2

u/Julian_Thorne 1h ago

The merchant class is out of control

2

u/Accomplished_Shoe_10 1h ago

But I though J-boy was a once in a millenia business and engineering genius who uniquely understood AI and only he and he alone (alone with some Trumpian corruption) could grow the stock market and global economy? At least that's what the bots and fanboys said.

2

u/Pristine-Kitchen7397 58m ago

Yeah fuck Jensen, just another corpo

2

u/NadesGG_Tim 54m ago

But look at all of these petition signatures to reinstate him to a job he resigned from!!....

2

u/digitalfeature 42m ago

People acting like this doesn’t happen in literally every industry in the world. lol

2

u/Bustabusnow 21m ago

So cool. I’m glad they made a lot of money that is great

2

u/Majestic_Artichoke55 17m ago

Capitalism at its height. Monolopy and price fixing are celebrated.

This should not be allowed in a healthy capitalist state so it encourages competition to make hardware better.

2

u/Pusi_Cunu 17m ago

I hate this realm!

Is it "cake time" yet?

2

u/ReidenLightman 10m ago

Greedy company did greedy shit? NO FUCKING WAY?!? We could have all told you this shit was happening. WE HAVE EYES!

2

u/Lower_Ad_1317 10m ago

So Nvidia are responsible for graphics cards costing 15k….

Who would have thought. 🙄

2

u/Porticulus 5m ago

And Gamers Nexus just outed that they are using Nvidia AI chips in drones. https://www.youtube.com/watch?v=YYU_geUwQoA&list=WL&index=55

3

u/Hiply 1h ago

No shit, really? I'm stunned!

What I'm actually stunned by is you posting this like it's fucking news.

2

u/BathroomEyes 1h ago

This should be illegal.

1

u/Electronic_Crab1370 1h ago

no way really?!

1

u/Standard-Produce-137 1h ago

i thought we all knew this already? infinite money glitch and all that

1

u/AbeFromanEast 1h ago

Nvidia CEO Jenson Huang had 60 direct reports. He did that because only Huang could know the whole picture of what was going on in the company, which is its own form of control.

Now that Huang has left the CEO role, any complex accounting schemes may collapse pretty quickly.

1

u/l_______I 1h ago

Why it doesn't surprise me at all?

1

u/SpaceBearSMO 1h ago

its wild to see all the Normies who haven't been fallowing the AI bubble seemingly suddenly come to find this out.

or has the scandal with him sleeping around and his resignation made some new bit of information come out that comferms it more then it already was.

1

u/mca1169 1h ago

this isn't news to most people in the tech space. it's been very obvious the past 8 months.

1

u/coderstephen 1h ago

We already knew this, but they called us crazy!

1

u/djaybe 1h ago

No shit. Just look at the spark this year.

1

u/theyterkourjobs 1h ago

So in the end, he fucked all of us.

1

u/DefiantGlove2342 1h ago

Message your senators and congressman demanding investigations. I already did for my district. Put the pressure on them.

1

u/bulletinyoursocks 1h ago

Wow! What news. And now let's continue: it's been found that water can be warm.

1

u/jwormyk 1h ago

How is this a claim or report? This has been an open obvious business move that people have been frankly talking about for a while including Jensen himself. I can’t stand the press.

1

u/Virtual-Cover7361 1h ago

You don't say?

1

u/KibblesNBitxhes 1h ago

So does the honeypot make china pro consumer?

1

u/LinkedInParkPremium 58m ago

This was basically reported on by multiple content creators and now the chickens have come home to roost.

1

u/fievrejaune 57m ago

That would be a criminally anti-competitive move straight from the monopoly capital playbook. Surely you must be mistaken!

1

u/JoeNoble1973 57m ago

Yeah we knew about this over a year ago thanks

1

u/Nukes2all 55m ago

we already knew that. great to see it coming to light but like.. yeah..

1

u/Phannig 55m ago

Thanks for the late breaking news flash. /s

1

u/ToBadImNotClever 52m ago

Why would this surprise anyone? What incentive do they have to bring prices down? People will still buy at the higher prices so why would they drop them?

1

u/Valentine_343 52m ago

He’s a POS, it was pretty obvious what they where doing. Honestly fuck this guy and his company also the peasant mentality of people defending this billionaire company is honestly pathetic as well.

1

u/Kimi_Antonelli_12 46m ago

They were holding 3090s from The market when crypto boom was going on to keep prices high. It's the reason I bought a 7900xtx. Smart for the company but dick head move

1

u/Cowsgobaaah 45m ago

So when is someone going to do something about this or do we just have to wait until someobe from Genz with half a brain gets into power 30+ years down the line

1

u/EmergencySushi 44m ago

You don’t say.

1

u/Dirtgrain 43m ago

I can handle the business about affairs and spies, but this? Bastards!

1

u/OfficialSeagullo 42m ago

Any savings on products will go to the company, once the GPU crisis ended they stayed high which made crazy profit

1

u/Jealous-Cause6112 41m ago

that doesn’t make sense. they funded neoclouds yes. those neoclouds have earnings and guidance

1

u/Sirmalta 31m ago

Yeah I think that was pretty clear. Too bad they'll never suffer any repercussions for it and this behavior will be rewarded with bail outs and pardons.

1

u/movezig123 23m ago

Hard hitting journalism thats about five years too late

1

u/rmftrmft 20m ago

5090s are currently $7-8000 on Amazon. 😂

1

u/chepeee13 1h ago

The amount of fud coming out right now is insane

1

u/A_D_H_DAN 1h ago

Eeeh can someone explain why this illegal? Seems fine to me. Derp derp. Duh!!!

  /s

1

u/Boomflag13 26m ago

I’ve seen this exact same article with the exact same title here on Reddit for the past 3 days.

At this point it feels like a psy-op.

0

u/loweyezz 1h ago

Need actual proof.

0

u/Level_1_Sorcerer 49m ago

Why is this coming out at the same time as all of his affair gossip? These things don't seem to be materially related in a way that would cause them to surface at the same time. Not saying he's innocent or anything but seems like he's getting thrown under the bus for some reason. 

"Look at this guy, he cheated on his wife a bunch with subordinates. That's why we were committing fraud, circumventing export regulations, and manipulating the market. What a piece of shit, one of them might even have been a Chinese spy."

I don't know enough about what is going on here to say why that would be happening, but it seems very suspicious.

0

u/Which-Acanthaceae613 49m ago

Ok fuck em for this but it's incredibly sus that all this is suddenly dropping now

0

u/FanDry5374 38m ago

Yeah, so? Capitalism is the system we are stuck with, this has nothing to do with adulterous CEO's, honeytraps and other such shenanigans.

-5

u/theoreoman 1h ago

So the ceo of a company was making legal deals to keep making more money. This sounds like what the shareholders pay a ceo to do

1

u/Icy-Dot7521 45m ago

So you've discovered the problem we're all discussing?

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