{"id":5026,"date":"2024-06-05T20:52:00","date_gmt":"2024-06-06T01:52:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=5026"},"modified":"2025-11-11T03:47:03","modified_gmt":"2025-11-11T08:47:03","slug":"elon-musk-confirms-nvidia-gpus-are-being-hoarded-in-warehouses","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/elon-musk-confirms-nvidia-gpus-are-being-hoarded-in-warehouses\/","title":{"rendered":"Elon Musk Confirms\u00a0Nvidia\u00a0GPUs Are Being Hoarded in Warehouses"},"content":{"rendered":"\n

On October 13, 2023, NIA sent out an alert<\/span><\/strong> regarding Nvidia<\/strong> asking the question, “How many of their GPUs are actually being used<\/span> in real life and not<\/span> stored in a closet?”<\/strong><\/span><\/span><\/p>\n\n

On February 11, 2024, NIA sent out an alert<\/span><\/strong> saying, “If Nvidia’s GPUs being sold were actually being used<\/span> and not<\/span> being hoarded by big tech companies that don’t<\/span> know what to do with them and are buying<\/span> them to boost<\/span> their share prices pretending<\/span> they are developing<\/span> something useful… We would already be seeing a significant increase<\/span> in U.S. electricity consumption equal to a city the size of Phoenix, which we haven’t<\/span> seen yet.”<\/strong><\/span><\/span><\/p>\n\n

In recent days, Elon Musk confirmed<\/span><\/strong> everything that NIA has been saying for months by saying, “Tesla had no<\/span> place to send the Nvidia chips to turn them on<\/span>, so they would have just sat in a warehouse<\/span>.”<\/strong><\/span><\/span><\/p>\n\n

Nvidia CEO Jensen Huang<\/strong> who the mainstream media<\/strong> is calling a pop star<\/strong><\/span> after a woman had him sign her chest today in Taiwan<\/strong> has managed to create<\/strong><\/span> a FOMO<\/strong> of big tech companies buying<\/strong><\/span> his GPUs<\/strong>, but how much of future<\/span> GPU demand<\/strong> has already been purchased<\/strong><\/span> today?<\/span><\/span><\/p>\n\n

Droneshield (ASX: DRO)<\/strong> and Healwell AI (TSX: AIDX)<\/strong> are real<\/span> AI companies<\/strong> that are changing the world<\/strong><\/span>.<\/span><\/span><\/p>\n\n

Nvidia GPUs<\/strong> will become worthless<\/span> VCRs<\/strong> in the future.<\/span><\/span><\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from AIDX of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

On October 13, 2023, NIA sent out an alert regarding Nvidia asking the question, “How many of their GPUs are actually being used in real life and not stored in a closet?” On February 11, 2024, NIA sent out an alert saying, “If Nvidia’s GPUs being sold were actually being used and not being hoarded […]<\/p>\n","protected":false},"author":1,"featured_media":5027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[93,95,78,8,89],"class_list":["post-5026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-aidx","tag-dro","tag-nvda","tag-technology","tag-tsla"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/5026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=5026"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/5026\/revisions"}],"predecessor-version":[{"id":5028,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/5026\/revisions\/5028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/5027"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=5026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=5026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=5026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}