@KostCapital@KrisPatel99 Exactly. Semi bros just thought they would hand over all their profits with no return on their capital. These guys did not get where they are by throwing away money.
@bartender2026@zerohedge It is bullish for everyone. The problem for the semis is in the short term they will come down on fear that there is excess compute.
@egregious_poop@zerohedge By selling compute META is telling you they have that capacity to sell and therefore will only do so if it makes economic sense. That tells you they and others will not pay ANY price for hardware.