Better Offline "Cycular" Financing w/ GamersNexus
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Oct 7, 2026 
Steve Burke, founder and editor-in-chief of GamersNexus, joins the conversation on NVIDIA’s circular financing, missing GPUs, export controls, and soaring VRAM costs. They explore the AI bubble’s risks, gaming’s spiraling budgets and subscriptions, AI’s pressure on developers, Steam Frame’s privacy edge, intrusive in-game ads, and whether consumers and PC gaming have reached a breaking point.
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The Mystery Of The Missing GPUs
- Steve Burke describes a growing mystery around unused GPUs, including Microsoft’s admission that it owns more chips than it has operational servers.
- Analysts reportedly estimate that many chips sold this year and next have nowhere to be installed.
Buying A 5090 Now Requires Export Paperwork
- Micro Center now asks 5090 buyers for government identification and certification that they are end users or compliant resellers.
- The consumer card has become difficult to obtain as silicon is redirected toward data-center demand.
AI Infrastructure Is Becoming A Tax Writeoff
- Meta reportedly classifies data centers as research expenses to claim billions in R&D tax credits, even for projects that may fail.
- Export controls also lose credibility when governments and companies cannot consistently enforce them.