98% of $CRWV revenue is contracted with hyperscalers at under $2 hr.
2% of revenue is spot/reserved at $3.50-$4.00 / hr
$NBIS $CRWV $IREN could announce a 400% increase in reserved pricing of GPU capacity and it wouldn’t mean a thing for the companies revenue because absolutely nobody is using the service to begin with. GPU rental price tracking is worthless.
Datacenters 2027: The Year of Acceleration,
+50GW in a Single Year
60GW Under Construction,
SemiAnalysis Leading Indicators,
1.3T of Lease Contracts Signed YTD,
The Shortage Could Move to Chips
https://t.co/lTJ1Sbv5nl