this post was submitted on 31 Aug 2026
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The meme about Nvidia selling pickaxes to gold diggers really is accurate
That does seem to be their strategy, at least on its face. Although I'm not even sure I even really believe that is profitable, or if they're cooking the books with such incestuous partnership agreements that it's to the point where Nvidia might be effectively "buying" chips from themselves with their own money on their partner's behalf. I guess time will tell if they're actually the next Enron or not, but I don't trust any business that's AI related at this point.