this post was submitted on 28 Aug 2026
414 points (97.9% liked)
memes
22489 readers
2335 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, but a country's gdp is a lot more diversified than nvidias, and company bond holders have a lot more power than treasury bond holders. The party goes on for now, but there is no way these companies will keep being allowed to borrow money, and it will be clawed back due to how unprofitable these businesses are.
All of these companies except Nvidia have massive debts, and it will lead to them going bankrupt. OpenAI's models are worthless and they will go bankrupt. Oracle's hardware will become worthless and they will go bankrupt. Nvidia's hardware will become worthless, but they have paid for all of their fab capacity in advance, so they will just lose a shitton of money and become the modern day Cisco.
Glances at Taiwan and South Korea
I'm having a hard time imagining a world where Nvidia isn't considered credit worthy. A lot would have to change.
Even assuming these two firms won't be at the front of the line for the next government bailout, we're a far cry from "worthless".
Both firms are heavily embedded in the government contract space, which is a blank check on your worst day. Both are heavily integrated into the financial and O&G sectors, which aren't going anywhere.
We're talking tens, if not hundreds of billions of dollars in guaranteed future revenue going out to the next decade easy.
Possible they get drowned in interest payments and end up becoming glorified debt servicing companies. But we're a far cry from either being zero'd out.