Cassandra Unchained(@michaeljburry):The Heretic’s Guide to AI’s Stars Part IV: The Big 5 Hyperscalers & the Missing $3 Trillion Current GPU pricing is representative of today’s scarcity, but the duration mismatch playing out undermines any guarantee the demand will continue at this level for long enough to justify today’s valuations. I am a fair-weather fan of Nvidia’s names for its GPUs, but the newest line of chips I’ve dubbed LEAPFROG. https://t.co/s1ptdm27qw A study of overlooked footnotes to the 10-K and 10-Q filings from Amazon, Meta, Alphabet, Microsoft & Oracle

2026.09.20 19:17

The Heretic’s Guide to AI’s Stars Part IV: The Big 5 Hyperscalers & the Missing $3 Trillion Current GPU pricing is representative of today’s scarcity, but the duration mismatch playing out undermines any guarantee the demand will continue at this level for long enough to justify today’s valuations. I am a fair-weather fan of Nvidia’s names for its GPUs, but the newest line of chips I’ve dubbed LEAPFROG. A study of overlooked footnotes to the 10-K and 10-Q filings from Amazon, Meta, Alphabet, Microsoft & Oracle