Nvidia deliberately kept GPU prices high through circular financing deals
AI summary
Editorial policyA Wall Street Journal profile of Nvidia interim CEO Colette Kress revealed how the company used circular financing to keep GPU prices high.
Key points
- •A Wall Street Journal profile of Nvidia interim CEO Colette Kress shed light on the company's financing methods.
- •Nvidia financed its own customers to drive demand for its GPUs through circular deals.
- •This strategy was intentionally used to keep GPU prices artificially high.