A Deep Dive into the Data and Token Industry: GPU Risks Ahead
An analysis of GPU supply constraints and their implications for data center financing.
GPUs are anticipated to remain in tight supply for the next few years, influenced by token demand growth. Supply is expected to converge with demand around 2028, potentially leading to a temporary oversupply that could affect data center economics. Some data center providers are securing revenue through capacity deals, but the long-term implications of chip residual values remain uncertain.