[michaelt]

You're right that fuel prices have risen. But usually the impact of fuel prices is mostly felt on bulkier, lower cost items first.

After all, a truck can carry a 10kg sack of rice, or a 10kg nvidia gpu. If shipping costs for 10kg rise by $15 the sack of rice has doubled in price, but the GPU is only 0.5% more expensive.

[CTDOCodebases]

Not all increases in prices are reactive. Some are anticipated. Inertial inflation is real.

[kube-system]

For a truck yeah, but across the ocean, it isn't quite that simple because GPUs and grains are sent in different types of ships (or different modes entirely) that aren't interchangeable.

[michaelt]

You're right - perishable goods have to be shipped fast. Your bananas, berries, fresh fish, and not-fron-concentrate juice can't be on some slow-steaming container ship with the furniture, clothes, building materials and vehicles.

The GPUs can though.

[kube-system]

Rice is a nonperishable grain. Grain ships in neither of those. Grain is shipped in bulk carriers

[selectodude]

And the GPUs are such high margin that they all take an airplane anyway.

[kube-system]

That is other “different mode entirely” that exists to go across an ocean :)