Nvidia Boss admits to affair with Chinese Spy

[nigelpugh7]

So this is news I wasn’t expecting to see today!

https://www.bbc.co.uk/news/live/cm78p221e313t

AI bubble burst on the horizon?

[Funk]

Should have kept his Huang in his pants...

[Dynion Araf Uchaf]

Doesn’t matter how good AI gets it’ll never beat the lure of real pussy.

[Wills2]

Every system has its vulnerabilities, this one is as old as the hills.

[Sway]

Could be an 'interesting' day today once the US markets open?

[gotoPzero]

Incredibly sus on the timing of this.

I am not saying he didn't do it - but I am saying they (which ever side they is...) have timed this with perfection.

[_Rodders_]

In the list of things he probably shouldn't have done shagging a Chinese Spy has got to be up there.

[devnull]

Tale old as time this one

[Wills2]

gotoPzero said:

Incredibly sus on the timing of this.

I am not saying he didn't do it - but I am saying they (which ever side they is...) have timed this with perfection.

He has admitted the affair, it's the spy stuff that's the allegation.

[Petrus1983]

Sway said:

Could be an 'interesting' day today once the US markets open?

It's been my biggest stock for more than a decade - today could be rather savage.

[Sway]

Petrus1983 said:

Sway said:

Could be an 'interesting' day today once the US markets open?

It's been my biggest stock for more than a decade - today could be rather savage.

No real knowledge, but couldn't this trigger a more widespread 'dumping' of AI stocks?

[anonymoususer]

I have decided to isolate myself from any Chinese interference with my computing activities
Most importantly I have removed my GTX 400 graphics card.
It is a bit of an inconvenience having to use the PC's onboard graphics but I will replace it with something from the AMD range soon

[DonkeyApple]

Sway said:

Petrus1983 said:

Sway said:

Could be an 'interesting' day today once the US markets open?

It's been my biggest stock for more than a decade - today could be rather savage.

No real knowledge, but couldn't this trigger a more widespread 'dumping' of AI stocks?

The clean up has started. We've entered the culling phase. Over the next 18 months there will be a general clear out by natural selection of the clown companies in the space.

Nvidia will be fine but will lose a handful of numpty clients who were in on the spiv or just run by muppets who were momentarily and erroneously thought to be geniuses.


A sensible clean out will negate much of the risk of a catastrophic meltdown.

[snuffy]

devnull said:

Tale old as time this one

The little head is ruling the big head.

[Sway]

DonkeyApple said:

Sway said:

Petrus1983 said:

Sway said:

Could be an 'interesting' day today once the US markets open?

It's been my biggest stock for more than a decade - today could be rather savage.

No real knowledge, but couldn't this trigger a more widespread 'dumping' of AI stocks?

The clean up has started. We've entered the culling phase. Over the next 18 months there will be a general clear out by natural selection of the clown companies in the space.

Nvidia will be fine but will lose a handful of numpty clients who were in on the spiv or just run by muppets who were momentarily and erroneously thought to be geniuses.


A sensible clean out will negate much of the risk of a catastrophic meltdown.

Thanks. I suppose that's my question - is there a risk (well, I suppose there's always 'a risk') that something like this prompts a 'catastrophic meltdown' rather than allowing a semi orderly cleanup to happen over the next year or two?

[DonkeyApple]

Sway said:

Thanks. I suppose that's my question - is there a risk (well, I suppose there's always 'a risk') that something like this prompts a 'catastrophic meltdown' rather than allowing a semi orderly cleanup to happen over the next year or two?

The AI space will be absolutely jam packed with fraud. Most of the frauds will be disguised and buried via emergency mergers and incentivised acquisitions but some will come out via C11 events where the fraudsters fail to get a corporate action done.

Nvidia pin to have much of the risk priced in in terms of what precisely is happening today. They have the hottest product in town and there are trade embargoes. That guarantees there will be bypass trades taking place place.

I guess the risk is that Nvidia is propping up a lot of its clients via off book loan deals so as the king of the market it might cause a panic but I think all we will probably see is a sell off due to exits and shorts before carrying on unless they t transpires entire IP has been being passed along etc.

As for the market, the cull has started and last week's sell off showed which companies had been marked for death or at least a proper kicking. So the next year or so will be cleaning out the dross. Maybe there will be some accidental scalps. They have all, afterall, got themselves into a bit of a pickle due to weiners trying to play like big boys.