This is a transcript from an interview of David Sirota with Ed Zitron on Youtube, published on Dec 15, 2025.
Nvidia claimed […] that they shipped 6 million Blackwell GPUs. Now, I’ve confirmed with sources that this was specifically AI GPUs, 6 million of these. So, doing a little napkin maths, that’s about 10 to 12 GW of required power IT load. So, when you turn them on… but we’ve not built anywhere near that many data centers in the last year […] there are likely millions of GPUs sitting in warehouses waiting to be turned on. […] Satya Nadella of Microsoft said in an interview a couple of weeks ago that he has chips sitting in inventory that do not have power to turn on.
I think this is one of the most insane things that’s ever happened in history, ’cause I think that Nvidia is pushing billions of dollars of GPUs on companies that cannot install them.
When Will The AI Bubble Pop? Full Interview With Ed Zitron (10:38 onwards)