NVIDIA's Crisis Has Only Just began
Yesterday I spent over an hour speaking to NVIDIA-linked contacts; as it turns out, Wall Street rigging is the next subject of exploration. It's not about "Sex" or "China" or "Jensen" or...
NVIDIA as a whole is an architect of a pyramid scheme* or a chain of loans that have artificially inflated the stock and invented "Demand" where no real demand existed (plagiarism sold as "intelligence" like "mining" was sold as currency as if GPUs "invent" money). So-called 'Obligations' aren't money and NVIDIA won't be paid. It did what Bernie Madoff did, except at a more "institutional" level and at a very grand scale, facilitated by the dictator who stood to personally profit from it.
The debt crisis is starting to become visible and the dictator has long known about the infidelity/cheating (and knew when to dump the shares; he could also sell short). This impacts other theft-as-a-business-model companies, e.g. "Anthropic's IPO Depends on $895.4 Billion in Debt (Money It Doesn't Have, It Loses Over 100 Billion Dollars Per Reporting Period), NVIDIA Has Just Lost Almost 2 Trillion Dollars In Value and Its Debt Trebled in Three Months"
How many companies like Anthropic that "make an exit" will instead become bankrupt and shut down? They have nothing to sell (querying models is far too expensive).
Months ago established media admitted that the slop bubble had popped in China. 2 years ago: Baidu’s CEO Believes 99% of AI Companies Won’t Survive After the Bubble Bursts
This is coming to the West now. The NVIDIA 'pillar' is the first to be cut. It's like Lehman Brothers triggering a chain reaction 18.5 years ago.
NVIDIA Corp (NASDAQ: NVDA) is set to open in the red tomorrow. Again.
NVIDIA's collapse isn't complete, it's like another Intel before the bailouts from the dictator. The American taxpayers cannot bail out NVIDIA and the likes of it ("too big to bail [out]") like they had done Intel before it collapsed by 51% again. █
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* Jensen has commercial skeletons in his closet (same as the CTO who became interim CEO). IBM also (CTO and CEO rigging everything):
