alt Hacker NewsDirectionally we are seeing demand for more compute.
It's a reasonable assumption that data centers that are set up for large power usage and cooling will be valuable.
Claiming the opposite based on, well, nothing at all, in order to forecast a correction, seems less reasonable.
"Compute" is not one generic commodity. Filling your datacentres with ASICs that do nothing but compute SHA256 for Bitcoin mining was a smart move in 2015 but today that hardware is worthless e-waste.
What does the depreciation curve look like for nvidia cards purchased today? How long will it take to recoup the investment on this buildout? Will those datacenters pay for themselves before they're scrapped?