Comment Transfer of cash to NVIDIA (Score 1) 29
Horace Dideu characterized this as an unprecedented transfer of cash from Microsoft, Google, Amazon, Meta and Oracle shareholders to NVIDIA shareholders. Those are companies with real, substantial revenues and until now, significant positive cash flow (yielding shareholder value.) Draining the tub this way is something that should worry those shareholders. But of course, it's a great year to be an NVIDIA shareholder, with all those other companies (plus OpenAI, Anthropic, and other smaller AI companies) all pouring their free cash flow AND their growing debt, into NVIDIA, and into other companies that supply AI data centers.