this post was submitted on 30 Oct 2025
        
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      United States | News & Politics
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Microsoft, Nvidia, AMD, Oracle and Intel are all profitable. They might not be worth as much, but still.
Those are all shovel sellers. People stop buying shovels when the gold rush goes bust.
The shovel manufacturers will probably be fine, just reduced margins, but the shovel warehouses are so fucked holding nearly a trillion dollars of worthless shovels
In the words of Pat Gelsinger, we're about to see a lot of digestion.
more like, they are hoping IRON pyrite(fools gold) would be innovating as good as normal good or better.
Yes. It will all fall apart when all the regular businesses (not AI companies) realize that AI is just wasting their money and creating a big mess, not actually increasing their profits. These are supposed to be the big customers for AI and they’re really not benefiting from it at all.
some people made money during the gold rush selling shovels and eggs.
Oh, i didn't think of hardware suppliers.