The big AI companies already have all of the cheap hardware to run on. It's more like if Denny's bought up all of the eggs when prices were normal, held onto them, then kept buying to keep egg prices up.
reply>The big AI companies already have all of the cheap hardware to run on.
replyHave they? Aren't they doing a massive datacenter build-out right now? Moreover the massive profits for Micron and Nvidia must be coming from somewhere, and I doubt it's price-sensitive consumers.