A new debt market backed by graphics processing units (GPUs) has surged to $65 billion in 2025, with NVIDIA alone issuing $25 billion in bonds. This financialization of GPUs resembles the mortgage-backed securities that triggered the 2008 crisis, as illiquid and rapidly depreciating GPU assets are pooled and borrowed against. Companies like CoreWeave and Nebius are heavily leveraged with GPU-collateralized loans, raising concerns about systemic risk if GPU values drop quickly due to fast technological obsolescence. Experts warn this cycle could lead to financial instability similar to the housing market crash, especially as demand pressures and supply commitments create uncertain economic conditions ahead.
Jordi Visser of 22V Research argues that building data centers in space may be more cost-effective than on land due to high terrestrial costs for power, cooling, and land. SpaceX plans orbital data centers costing $5 billion versus $60 billion for a ...
Semiconductor ETFs like iShares and VanEck have delivered strong year-to-date returns driven by solid fundamentals and AI demand, but they face intense volatility and rising risks. Key holdings such as Micron, AMD, and Nvidia posted robust results, y...
On June 16, retail investors heavily bought SpaceX shares during its IPO debut, marking the largest retail net buying day for any recent IPO, while selling other stocks including major tech names like NVIDIA and Microsoft. SpaceX's market cap surged ...
Jim Chanos, a noted short seller, compares the current AI infrastructure spending surge to the telecom build-out bubble of 1999-2000, warning of a potential sharp market correction. He highlights risks for companies like NVIDIA, CoreWeave, Nebius, an...
Odyssey, an AI startup specializing in world models that simulate physical environments, raised $310 million in a Series B funding round, reaching a $1.45 billion valuation. The round was led by Natural Capital with participation from Amazon, AMD Ven...
