The AI companies are also buying tons of it and just locking it away. They can’t use it, they are keeping competitors from using it. If competition with you will cost me $20 billion in revenue, but buying $15 billion worth of RAM stops you from being able to compete, buying the RAM just to destroy it is a no brainer.
Yes, I’m sure they can afford to buy tens of billions in servers just to store until obsolescence while they’re trying hard to even become profitable lol
OpenAI bought up memory wafers, not ready-made systems from nvidia. That’s something they may actually be hoarding to create a bottleneck.
The AI companies are also buying tons of it and just locking it away. They can’t use it, they are keeping competitors from using it. If competition with you will cost me $20 billion in revenue, but buying $15 billion worth of RAM stops you from being able to compete, buying the RAM just to destroy it is a no brainer.
Nobody is buying to destroy. They’re all starved for compute right now. Hence the dynamic pricing to stop people using at peak times.
Not physically destroy, you’re right, but they are buying to shelve until obsolescence. Which is as good as destroyed.
They are also starved for compute. Because they cannot get data centers physically built-out fast enough.
Yes, I’m sure they can afford to buy tens of billions in servers just to store until obsolescence while they’re trying hard to even become profitable lol
OpenAI bought up memory wafers, not ready-made systems from nvidia. That’s something they may actually be hoarding to create a bottleneck.