Ben Pouladian(@benitoz):What is a GPU worth years after it ships? At NVIDIA GTC Berlin, I sat down with Thomas Galbraith of Barkr on resale prices, rental rates, useful life and the valuations behind compute financing. Full interview below. Chapters 00:00 Opening highlights 00:26 Thomas Galbraith at GTC Berlin 01:03 What Barkr does 02:18 How do you value compute? 03:06 Valuations from resale transactions 03:48 Rental rates versus resale prices 04:37 CPU comparisons and forward valuations 06:07 Methodology, transparency and public comps 06:53 NVIDIA, AMD and other hardware 07:46 The aviation analogy 09:25 Useful life and market expectations 10:22 Financing and the data gap 12:08 Pricing risk and closing thoughts

2026.11.06 13:00

What is a GPU worth years after it ships? At NVIDIA GTC Berlin, I sat down with Thomas Galbraith of Barkr on resale prices, rental rates, useful life and the valuations behind compute financing. Full interview below. Chapters 00:00 Opening highlights 00:26 Thomas Galbraith at GTC Berlin 01:03 What Barkr does 02:18 How do you value compute? 03:06 Valuations from resale transactions 03:48 Rental rates versus resale prices 04:37 CPU comparisons and forward valuations 06:07 Methodology, transparency and public comps 06:53 NVIDIA, AMD and other hardware 07:46 The aviation analogy 09:25 Useful life and market expectations 10:22 Financing and the data gap 12:08 Pricing risk and closing thoughts