Persistently high GPU prices indicate sustained strong demand for AI computing infrastructure
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction. It's spreading across NDX & SPX — a theme crossing asset classes.
"Nebius' annualized run-rate revenue (ARR) jumped to $3 billion, representing a staggering 598% YOY increase. Group adjusted EBITDA reached $236.2 million in Q2, improving by $257.2 million from the year-ago period and translating into a 41% margin."
"Jim argued demand for AI infrastructure remains robust enough for multiple winners. As enterprises race to secure computing capacity, he thinks Nvidia, AMD, and Intel can all continue benefiting from the AI buildout."
"Baker also said that persistently high GPU prices show that demand for AI computing remains strong. "I don't think anyone in '24 or '25 thought that the prices of old GPUs would still be going vertical in 2026," he said."