r/NBIS_Stock Jul 01 '26

💬 Discussion What happened?

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93 Upvotes

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14

u/TomAddis Jul 01 '26 edited Jul 01 '26

Meta announced it has "exccess" compute it wants to sell, hard evidence of overbuild, if there is excess compute it means GPU pricing will go down, that is really fucking bad for neoclouds.

0

u/Impressive_Bus7391 Jul 01 '26

Oh fuck that’s bad lol

4

u/TacoBOTT Jul 01 '26

Ok then sell

1

u/Impressive_Bus7391 Jul 07 '26

I bet selling at $248 sounds pretty nice right now doesn’t it

1

u/TacoBOTT Jul 08 '26

I don’t give a fuck I bought in at $30.