Nvidia allegedly engineered scarcity by funding AI startups to buy its GPUs
Following the departure of former NVIDIA CEO Jensen Huang, a Wall Street Journal report alleges the company artificially inflated the GPU and memory shortage by investing in AI startups to buy its chips.
Key points
- •The Wall Street Journal published a new report after former CEO Jensen Huang left NVIDIA.
- •The report alleges that NVIDIA invested in AI startups to encourage them to purchase NVIDIA GPUs and build data centers.
- •These actions are claimed to have artificially amplified the ongoing shortage of GPUs and memory.