this post was submitted on 23 Aug 2026
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NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline (wccftech.com)
submitted 1 week ago by sanitation@lemmy.today to c/pcmasterrace@lemmy.world
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[–] ThomasWilliams@lemmy.world 8 points 1 week ago

On a strategic level, however, by earmarking just around $7 billion for Poolside, NVIDIA is gaining a significant hedge against a possible collapse in demand for its GPUs,

NVIDIA claims it will get $600 bin in revenue next year. This isn't even a wee in a tsunami .