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Sounds like a ponzi type scheme to me. The will "sell" installed existing chips to investors and then lease them back. So when the chips are obsolete or replaced, what will happen to the investment ?

Sounds very shady to me. But also sounds like what companies do with real estate, except land does not get obsoleted.

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Companies also do leaseback with real estate, airplanes and industrial equipment (https://en.wikipedia.org/wiki/Leaseback).

It’s atypical to do leaseback for objects with a shelf life that’s as short as that of GPUs, but in the end, leaseback is not very different from long term renting.

It does signal that Amazon needs more cash fairly soon, but _if_ that is because they plan to invest lots of money, that need not be a problem.

If, on the other hand, it’s because they’re running out of cash, that is a problem, as leaseback solves that in the short term, but makes that problem more dire in the future.

if investors buy the chips and lease them back... and the investors are also owners of the company via shares... ??? a lot of the investors is pop amd mom retirement funds... is this a way to funnel even more people money into the friking machine?

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