Well, do you have a model for this? Or is it just regurgitating mass media that it's a bubble?
If hyperscalers keep buying GPUs and Chinese companies keep saying they don't have enough GPUs, especially advanced ones, why should we believe someone that it's a bubble based on "feel"?
> because leaders in the space also keep saying it?
They have a lot of reasons for saying that, including to give themselves cover in the event of a crash.
What’s happening now is a classic land grab. You’re always going to get inflated prices in that situation, and it’s always going to correct at some point. It’s difficult to predict when, though.
If hyperscalers keep buying GPUs and Chinese companies keep saying they don't have enough GPUs, especially advanced ones, why should we believe someone that it's a bubble based on "feel"?