I've also seen zero evidence that Nvidia is extending this credit to related parties to put in sham orders

Have you bothered to look at the finances of Nvidia's AI clients?

None of them are making any money. They're borrowing money they don't have in oder to buy from Nvidia. And now some of this money is coming from Nvidia itself.

In a round about way, Nvidia is buying it's own product.

It's pretty clear that this sort of thing can't continue indefinitely --- just like any Ponzi scheme.

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JumpCrisscross 2 hours ago | parent | next [-]

> None of them are making any money

Who are you thinking of? Because yes, I have, and they're not in line with the YouTube influencer consensus.

	▲	jqpabc123 2 hours ago \| parent [-]
		Who are you thinking of? All the "frontier" AI vendors are borrowing money to invest in AI (and buy from Nvidia). None of these Nvidia customers are actually making money from it. Anthropic and OpenAI are two cash burning machines that Nvidia has invested billions into --- so they can continue buying from Nvidia. Bottom line: A lot (if not most) of Nvidia's cash flow is borrowed money --- and some of it is borrowed from Nvidia itself. Some of it isn't even "cash flow". It's contract futures being counted as cash flow --- a la Enron accounting.

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saberience 2 hours ago | parent | prev [-]

All of what you said is totally wrong and deluded.

The amount of money Nvidia has put into the ecosystem is much, much less than money coming into the ecosystem from actual customers who are willing to pay for the products!

The idea that somehow Nvidia is financing the entire AI industry is laughable. The numbers do not add up at all if you look at the numbers of people paying for Google cloud GPU compute, AWS GPUs, Azure GPUs, Nebius, Coreweave, etc, not even including companies like Fireworks, BaseTen, Together AI, etc .

The reality is this, enterprise companies are spending HUGE amounts of their money on AI products because they are gaining value from them. This money (which doesn't originate from Nvidia) is flowing into the ecosystem. The money being spent by enterprises combined is far, far more than Nvidia puts in.

	▲	jqpabc123 an hour ago \| parent [-]
		The idea that somehow Nvidia is financing the entire AI industry is laughable. Yes, it is --- and this is not something I said. This is an absurd extrapolation done by you. But there is no denying that Nvidia is investing billions in it's own customers (aka "lending") and others up and down the AI infrastructure stack. And all of it has one objective --- to create and enhance what is being marked as "sales" for Nvidia. In a round about way, Nvidia is buying at least some of it's own product. https://www.cnbc.com/2026/05/09/nvidia-embraces-ai-investor-...