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Danoxtoday at 5:13 PM1 replyview on HN

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.


Replies

porridgeraisintoday at 6:43 PM

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.