"White-haired Stock God" Serenity: "Big Short" GPU Depreciation Thesis Gets Debunked, Oracle Renewal Price Up 20%

TechFlow reports that on September 13, "white-haired investment guru" Serenity posted on X stating that a detail in Oracle's (ORCL) earnings report is notably bullish for Nebius (NBIS) and IREN (IREN). Oracle noted that all renewed GPU computing power contracts have been resold at prices 20% higher than prior agreements, and most of the related hardware has been operational for over four years. Serenity believes this situation once again rebuts "The Big Short" Michael Burry's thesis on rapid GPU depreciation, while simultaneously benefiting NVIDIA (NVDA) and the Neocloud compute sector.