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Cake day: August 5th, 2025

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  • They are depreciating due to market forces (upgrades), but the data centers and hubs of gpus are infrastructure in a similar way that fiber and rails were in the other bubbles. I think the comparison stands. They all age to some extent, but gpus depreciate in value faster because nvidia is always marketing the next generation, not because they physically degrade that fast.

    I say this as someone genially against the rapid construction of new data centers btw.