They are backpedaling because AI backlash is slowing down their data center builds.

Molotov bombing Altman's front gate did not help AI apocalypse hype either

Millions of Nvidia GPUs are stranded in warehouses right now with nowhere to be installed and some will be deprecated in less than a year. Good thing Micron and everyone in the supply chain is scaling up to make millions more... I am sure this will work out fine when they write down all of the inventory which is too old to install