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Ed Zitron
edzitron.com
did:plc:qc6xzgctorfsm35w6i3vdebx
Another problem: depreciation. NVIDIA is on a yearly upgrade cycle, meaning that the revenue potential of a GPU declines constantly, meaning that the revenue potential of these chips is under constant price pressure. They lose both value *and* potential over time.
https://www.wheresyoured.at/nvidia-isnt-enron-so-what-is-it/#let%E2%80%99s-learn-about-depreciation-and-why-michael-burry-is-bringing-it-up
2025-12-08T17:42:32.019Z