Yes this is all anticipated. They're starting to move the money around in circles to keep the bubble inflated. Think of it this way: 10% of AMD value was spent, 23% was gained. In a bit we'll hear of AMD, directly or otherwise, investing back into OpenAI. This is what happened with nvidia through Oracle. Where does the money come from? Whoever buys stocks. Our retirements, mostly.
This kind of behaviour should be completely illegal, it’s obvious what these people are doing and it might kickstart the biggest depression in history. It’s basically a ponzi scheme.
Next probably ARM and Apple (separately) will do some kind of AI hardware announcement I’m guessing.
Neywiny|4 months ago
andy_ppp|4 months ago
Next probably ARM and Apple (separately) will do some kind of AI hardware announcement I’m guessing.