Odaily reported that Serenity, posting on X, pointed to a disclosure in Oracle’s earnings that it said was favorable for Nebius (NBIS) and IREN (IREN). According to Serenity’s post, Oracle said all renewed GPU computing capacity had already been resold, with pricing 20% above prior contracts, while most of the related equipment had been in use for more than four years. Serenity argued that the update runs against Michael Burry’s thesis that GPUs would depreciate quickly. The post also framed the development as supportive for Nvidia (NVDA) and the broader Neocloud computing-capacity segment. The report did not provide additional figures beyond Oracle’s stated 20% price increase and the note that most of the equipment was over four years old.
Odaily reported that Serenity said in a post on X that a disclosure in Oracle’s earnings was relatively positive for Nebius (NBIS) and IREN (IREN).
According to Serenity, Oracle said all renewed GPU computing capacity had already been resold, with prices 20% higher than under previous contracts. It also said most of the related equipment had been in use for more than four years.
Serenity said the update again pushes back against Michael Burry’s argument that GPUs would depreciate quickly, and also supports Nvidia (NVDA) and the Neocloud computing-capacity segment.
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