COREWEAVE'S A100 CONTRACT THROUGH 2029 UNDERCUTS FEARS THAT NVIDIA GPUS AGE OUT FAST

Summary from the TLDR Hardware newsletter

The bear case on AI infrastructure spending has always been simple: with Nvidia shipping a new architecture roughly every year, GPUs should lose economic value within two or three years, undermining the long-dated debt financing the whole buildout leans on. CoreWeave's Q2 earnings call complicated that story, disclosing a renewed contract for Nvidia's 2020-era A100 GPUs running all the way through 2029, at pricing CEO Mike Intrator said matches “full freight” from years ago.