Now that NVIDIA’s Jensen Huang is no longer the company CEO, we have some truth behind the exponential rise of semiconductor and memory prices. According to the latest findings, it appears that we were led to believe that there was an organic supply shortage, but in reality, we learn that Jensen was actually leveraging NVIDIA’s own balance sheet to finance AI startups and datacenter buildouts so they could absorb the company’s over-ordered semiconductor shipments from TSMC. NVIDIA faced an “avalanche” of excess TSMC silicon and memory, and the only way to curb the oversupply was to fund AI startup The […]
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