They are they are taking future IOU from AI companies and presenting that as an actual sale and telling the other people/customers who need memory right away, you have to pay more.
No, semi fabs do not take IOUs or other similar. They only do prepayments and non cancellable take or pay contracts. The money is here and real.
There is a lot of SPV backed financial engineering upstream, but not here.
No, semi fabs do not take IOUs or other similar. They only do prepayments and non cancellable take or pay contracts. The money is here and real.
There is a lot of SPV backed financial engineering upstream, but not here.