alt Hacker NewsAll clearly designed to cash in on the speculative value being given to AI companies.
Strategically I thought OpenAI's deal of getting 10% of AMD for driving their stock price to $600 was a pretty clever way of creating $97 Billion from nothing - effectively paying for the GPUs they'd purchase.
At the same time I would've thought this insider pump and cash-in strategy would be somehow illegal, but I guess anything goes with this administration.
it'd be illegal if they bought on the public market... but they bought directly from AMD, so nothing to see here, move along. music is still playing.