Don Wilson(@drwconvexity):GPU prices higher and token prices lower means the crunch is compressing. That means lower profit margins on the GPU rental to token production leg of the trade. Of course the profit margin on buying GPUs and renting them out is higher than ever (not exactly an indication of a slowdown in inference demand).

Don Wilson

@drwconvexity

CEO and Founder of @DRWTrading and @CumberlandSays

Joined November 2013

424 Following 11.2K Followers

Don Wilson@drwconvexity

2026.10.23 20:55

GPU prices higher and token prices lower means the crunch is compressing. That means lower profit margins on the GPU rental to token production leg of the trade. Of course the profit margin on buying GPUs and renting them out is higher than ever (not exactly an indication of a slowdown in inference demand).