alt Hacker NewsI think more interesting take here would be WHEN this will happen. I don't think Ben, or anyone else, thinks we wont have some sort of correction or stabilization in supply/demand (he has said as much) But when will that occur? 2 months? 2 years? 20 years?
well its typically when it becomes clear that the private equity firms taking the risk decide they can not get the returns they need, forcing the backstoppers such as Nvidia to take that burden, and the whole ecosystem collapses.