Serenity Says Oracle Earnings Data Is Bullish for Nebius, IREN, and Nvidia

Serenity said on X that one item in Oracle's earnings report is favorable for Nebius and IREN. According to Odaily, Oracle said all renewed GPU computing capacity has been resold at prices 20% higher than the previous contracts, and most of the related equipment has been in use for more than four years. Serenity said this also challenges Michael Burry's argument that GPUs depreciate rapidly and is positive for Nvidia and the neocloud computing sector.