"Big Short" Michael Burry Proven Wrong? Oracle's 4-Year-Old GPUs Still See 20% Price Increase on Renewals

Odaily reports: "White-Haired Stock Oracle" Serenity posted on X platform that a piece of information in Oracle's (ORCL) earnings report is relatively bullish for Nebius (NBIS) and IREN (IREN). Oracle stated that all renewed GPU compute capacity has been resold, with prices up 20% compared to previous contracts, and most of the related equipment has been in use for over 4 years. Serenity believes this situation once again refutes "Big Short" Michael Burry's depreciation thesis regarding rapid GPU devaluation, while also benefiting Nvidia (NVDA) and the Neocloud compute sector.