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bobsoap • today at 10:53 AM • 2 replies • view on HN

Title: Instead Of Lowering GPU Prices, Former NVIDIA CEO Jensen Huang Reportedly Financed AI Startups To Absorb Excess Silicon, Shattering The Shortage Perception

WSJ article (paywall): https://www.wsj.com/tech/jensen-huang-colette-kress-nvidia-c...

Archive link: https://archive.ph/gx14x


Replies

Kevin_Flynn • today at 12:09 PM

I read the article, and it doesn't say he did that.

The article sounds to me like Jensen was attempting to maximize revenues and profits for the company he ran, like a CEO is supposed to.

Is Nvidia profiting from globally constrained wafer capacity ? Absolutely.

Does their strategy account for supply constraints ? Absolutely.

Isn't this what corporations are supposed to do ? Adapt, pivot, profit ?

I think everyones just jealous and frustrated right now, and the frustrated decided they didnt want to see leather jacket man getting laid while sipping Dom.

People are petty like that, especially in large crowds.

➕ show 5 replies
hasbot • today at 1:44 PM

From that article:

> Kress publicly defended Nvidia’s role as a banker to the broader AI industry from critics who argue Nvidia’s efforts to prop up demand across the industry has left it more vulnerable to a downturn. Kress has characterized the deals as savvy investments.

> “We recognize the scale of this support, and we know some will call this circular financing. We see it differently,” she said in late August. “The equity returns on our invested capital will be excellent.”

So, at least publicly, the new CEO agreed with financing AI startups. There is no indication that Huang manufactured the GPU shortages as the original article suggests.