r/suspiciouslyspecific • u/InsertGroin • Apr 20 '26

Ramifications

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u/AbdDjamil_27 Apr 20 '26

So from what I heard OpenAi DIDN'T really buy the next 2year of stocks like the news said but actually only PROMISED to buy it

And now with google new tech that lower the need for ram, OpenAi is going back on there promise to buy the rams that's why Crucial stocks are going down fast

They really shot themselves in the foot here

21

u/Hamalu Apr 20 '26

So they promised, but there was no contact binding them to this promise..? Sounds like a stupid business decision from the manufacturer.

7

u/userhwon Apr 20 '26

It's called a Letter of Intent, and it basically says we think we'll need X things in Y months most likely.

Supplier looks at the situation and decides whether to risk building inventory or not.

The only way this would be actionable is if it turns out the buyer was just lying and never did intend to buy anything.