SemiAnalysis says H100 rental prices have risen even though the GPU should be depreciating, a trend that matters because lenders underwrite that depreciation curve.
The post cites roughly $7 trillion of compute debt coming by 2029 and announces a new Compute Capital Markets group, launched with Dnish Ball and Jordan Nanos, covering Nvidia backstops, ClusterMAX as a credit signal, and token profitability.
"It's like a zombie apocalypse, but you don't know how many waves of zombies are coming."
H100 rental prices went up, on a GPU that should be sliding down its depreciation curve. That curve is what lenders underwrite, and there's $7 trillion of debt coming by 2029. @dnishball kicks off our new Compute Capital Markets group with @JordanNanos. Nvidia's backstops, ClusterMAX as a credit signal, whether each token is profitable and more.
Source: SemiAnalysis · x.comPublished
