Comment by kakacik

6 hours ago

Yet we see it happening all the time with various AI deals.

How? "AI fincancing bad" is starting to seem like a new non sequitur meme. There's no imaginary thing being traded for indefensible valuations in AI dealings. Stock units at a certain valuation exchanged for an equivalant value in hardware is just a standard payment-in-kind transaction.

If the valuation turns out to change in the future, that's the hardware seller's risk.

It's not the same thing as buying a $20 million banana from a bahamian llc secretly owned by yourself, which is fraud.

I thought in that case nvidia was (approximately) purchasing stock in exchange for hardware? Which AFAIK is the entire point of stock - selling it to raise needed capital.