I treat this as a sign of the inevitable terminal phase of any private cooperation in US: they start to invest their resources to stretch into areas that are irrelevant to their core mission, but they have to, because their core mission is accomplished already, and their business, which is built on top of the fruits of their core mission, needs protection beyond direct means relevant to their core mission.

When pursing a core mission, many corps fail, either because lack of resources, or mission itself is not meaningful, execution failure, etc.; the fortunate few, might be in growth, while their mission keeps self-reinforce into bigger and bigger scope, that's the wonderful time of meaningful growth.

When the core mission is done. The corp resets.

Vast majority of them make profit that is small enough that the normal corporate logic prevail, and they behave normally.

Extremely rarely, when the core mission is so meaningful, the corp reaps so large a profit, and so many stakeholders are attracted, that they no longer focus on core mission, they start to focus on profit.

That's why NVDA is now buying assets across the whole stack of AI, while still increase price to maintain its profit. NVDA wants to maximize profit.

The inherent flaw is that private corp in US system, has no meaningful end game when they are in this state of astronomical profit.

▲

zdragnar 2 hours ago | parent | next [-]

Their biggest customers are struggling to build out locations to use their products. This is nothing more than an attempt to engage in regulatory capture to overrule local politics on behalf of their customers.

	▲	newtonianrules 19 minutes ago \| parent \| next [-]
		Shame that the local residents that are angry at data centers being built near them voted for politicians that… don’t give a shit if data centers are built near them.
	▲	bigcat12345678 an hour ago \| parent \| prev [-]
		> Their biggest customers are struggling to build out locations to use their products. That's true. Although, the fact remains that any large corp in US, eventually becomes too big to make sense to pursue their core mission. Essentially, NVDA does not need this much profit to continue its core mission or try to expand the scope into more meaningful ventures. But profit seeking inevitably would make them to go blindly. They'll find reasons to do that, as profit itself is non-binding to any particular person, ideology, principles etc.

▲

actionfromafar an hour ago | parent | prev [-]

They need protection from other oligarchs, and they know the Prince hasn't read chapter 23.