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Pumping the bubble now, pay later
(lemmy.world)
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this post was submitted on 11 Feb 2026
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It's actually even dumber than this because it was OpenAI that made the purchase with no plan for how to actually use the wafers. NVIDIA could actually do something with them.
Ok, how is this not illegal? Buying up all the supply to prevent competitors from buying any, even when you can't use it yourself. There's gotta be some anticompetitive regulation that would cover this
Gonna need a functional government with a functioning regulatory body for that.
Edit: also, Congress seems to be able to just lasso anyone and pull them into a hearing to make a show of damn near anything. We could really use one of those for this (and many other) boondongles right now.
How could congress possibly keep white collar crime in check when they're already so busy enabling fascism?
(the same fascism which is also being bankrolled by those same tech oligarchs, by the way)
I dunno, they seem to be tossing around the idea of investigating Super Bowl stuff this week.
And they were even real sneaky about it by buying up from the two largest global suppliers at the same time in secret so that neither knew they were buying up the whole global supply. This probably is technically illegal, but the US doesn't enforce shit like this.