Serenity said on Sept. 13 that GPU renewal data disclosed in Oracle’s earnings report sends a constructive signal for compute infrastructure companies such as NBIS and IREN. According to Oracle, all GPU capacity that entered the renewal stage was resold, with transaction prices coming in 20% above the original contracts. Oracle also said most of that equipment had already been in use for more than four years. Serenity argued that the disclosure runs counter to Burry’s "rapid GPU depreciation" view. In its reading, the numbers are also favorable for Nvidia and Neocloud companies, as they suggest older GPU fleets can still be renewed at higher prices rather than seeing a sharp decline in value.
Serenity said on Sept. 13 that GPU renewal data disclosed in Oracle’s earnings report points to a constructive signal for compute infrastructure companies including NBIS and IREN.
Oracle said all GPU compute capacity that had entered the renewal stage was resold, with deal prices 20% above the original contracts. It also said most of the equipment involved had been in use for more than four years.
Serenity said the figures serve as a counterexample to Burry’s "rapid GPU depreciation" thesis and are favorable for Nvidia (NVDA) and Neocloud companies.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
