hyperscaler capex · X 热门 · 2026-09-17 03:00 UTC

# hyperscaler capex — X 热门讨论 (2026-09-17 03:00 UTC)

## @JOBhakdi (Jo Bhakdi) · 09-16 19:27 · ♥30 ↻1 💬2 Compute spot prices are now tradable, and they're telling a story the bubble debate keeps missing.

B200 rental: $4.22/hour on January 18th. $7.19 today. Up 80% in eight months.

That alone isn't remarkable. Prices rise when supply is tight. What makes it remarkable is that supply didn't stay tight, global compute capacity exploded over exactly those eight months. Hyperscaler capex, new data centers, Blackwell shipping at scale.

Supply surged. Price still went up 80%.

There's only one explanation for that. Demand is growing faster than the buildout can absorb.

And these aren't analyst estimates or survey data. They're spot prices in a market where people pay real money. That's the cleanest demand signal available, and it points one direction. https://x.com/JOBhakdi/status/2100305584264257788