Shh, you'll ruin the tech CEO's self delusions. They need that AI to forget about their past boondoggles. Like the metaverse and NFTs.
this post was submitted on 26 Oct 2026
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Cheap GPUs when?
Never. Western capitalists will make Chinese hardware illegal before they allow cheaper goods to undercut their profits. It’s exactly what they’re doing in the auto industry, why should tech be different?
The only country that might do that is the us. There are many western capitalists happy to buy from a competitive global market.
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I'm beginning to suspect never. The industry (read nvidia) got taste for selling stuff in bulk to those who don't care about price and/or quality. They don't want to return to the world where regular people (ew) were their primary source of income. They will find new scam to use their cards on.
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That's... that's not how this works. That's not how any of this works.
Mild discounts, yes. Cheap again? No.
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Not even people there want to support this cray-cray ai trend no more, they just ahead of the curve huh.
They really are beating us at everything.
They did beat America in the race towards oppressive authoritarianism, but under Trump, the U.S. has caught up a great deal. So much winning!
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some context, first of all, the -40% collapse only brought the STAR50 index back to its March 2026 levels.
and the Chinese stock market is heavily moderated by the government which is very different from the US market. if the stock rallies too quickly, the government generally speaking will try to slow it down. Sometimes through explicit policies 1, sometimes through a kind of "scare tactic" 2. Conversely, when the stock drops too sharply, the government also intervenes to prop it up 3. Honestly I feel more countries should do the same.
The Chinese stock market is also much smaller relative to its GDP (101.5%) compared to the US (227%) 4. All this is to say, if you look at China and think, "huh, their AI bubble burst and they still seem to be fine?", think again. If and when the AI bubble bursts for the US, it's going to be much much worse.
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China tech stocks are back to March this year, and AI stocks are still almost half their stock index.
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