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#money#nvidia#overpriced#hardware#debt#existing#extremely#rate#said#refinancing
Discussion (8 Comments)Read Original on HackerNews
Why don't you buy my overpriced hardware, then let me use the overpriced hardware you just paid for in exchange for extremely overvalued shares that border on funny money, so I can then take the same overpriced hardware you just bought and sell it at an extremely overpriced rate to some inference provider.
When the inevitable happens I really do think it going to be pretty bad this time.
"Nvidia earlier this month said it was aiming to raise debt which sources said could amount to at least $20 billion. The firm intends to use the proceeds from the offering for general corporate purposes, including repayment and refinancing of existing debt."
Thought they were swimming in money...
I'd imagine there are a lot of lenders that have no issue giving nvidia super low interest rates because of who they are and the fact that they are printing money.
Refinancing existing debt if you have favorable market conditions always makes sense.