Here's an article about your observation
https://www.theverge.com/business/828047/nvidia-enron-conspiracy-accounting
"Now, naturally, this caught my attention because I’ve recently used Enron as an analogy for what Nvidia is up to with the neocloud companies it funds:
“There is no neocloud that exists without [Nvidia CEO] Jensen [Huang],” says Saari. That makes neoclouds, in effect, extensions of Nvidia, he says. And none of them make money, so to expand, they must take on debt.
Biting the hand that feeds IT
