Following the departure of now-former NVIDIA CEO, Jensen Huang, a new report by The Wall Street Journal (via Wccftech) has emerged alleging that NVIDIA artificially inflated the ongoing GPU and memory shortage by investing in AI startups that would go on to buy NVIDIA GPUs and build data centers....
I mean… this isnt really an “allegedly” - this is exactly what happened.
They made deals with AI starts up to buy GPUs (via money given to them by Nvidia), increasing demand, which increased prices (which led to decreased supply).