Meanwhile the Chinese are going to undercut them every chance they get.
Today's prices are the ceiling. But AI capability is getting less of a scarce resource with every passing day and it would be a big mistake to plan that your current margins are going to be your future margins as well. Long terms AI will converge on energy costs + capex write-off + margin and the latter will be a race to the bottom.
Today's prices are the ceiling. But AI capability is getting less of a scarce resource with every passing day and it would be a big mistake to plan that your current margins are going to be your future margins as well. Long terms AI will converge on energy costs + capex write-off + margin and the latter will be a race to the bottom.