NVIDIA Potentially Made GPU More Expensive For Gamers By Funding AI Startups - OpenCritic
A new report questions whether NVIDIA kept GPU prices high by financing AI companies to purchase its chips, potentially clearing excess inventory while artificially inflating demand.
Huang's 33-year tenure at the company he co-ended ended on November 12 after revelations about multiple extramarital affairs.
One affair involved a woman suspected by U.S. authorities of working for Chinese intelligence and helping circumvent the ban on top-end chip sales to China. NVIDIA has appointed longtime CFO Colette Kress as interim CEO while searching for a permanent successor.
AI Funding Allegations
The recent resignation of former Nvidia CEO Jensen Huang is likely to have one of the biggest impacts on both the tech and gaming industries.
On November 13, The Wall Street Journal revealed that NVIDIA had explored providing billions in financial guarantees to startups that couldn't otherwise afford its chips. This practice potentially allowed the semiconductor giant to clear excess inventory while keeping prices artificially high for gamers.
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