swyx on DeepSeek GPU revenue data: lifetime value per card up about 30%
Citing DeepSeek production data disclosed by Latent.Space, swyx says a single cluster processes 155T tokens per day with a 96% input cache hit rate, yielding $38 in revenue per GPU-hour at off-peak prices. He believes this raises the lifetime value of every GPU sold by about 30%, corresponding to roughly $600 billion in market value potential, and jokes that the more you buy, the more you earn.
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Using the GPU revenue data disclosed by DeepSeek, the author extrapolates the potential impact of changes in per-card value on the valuation of the compute market.
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View original postdeepseek's production numbers are kinda wild: 155T tokens/day from one cluster (96% input cache hits) and $38 revenue/GPU-hour at off-peak prices. at $5–8/GPU-hour, that’s ~80% margin on GPU costs alone. at DeepSeek prices!! we dug into the math, their 72-hour cache, and what actually got open sourced in today's AINews: https://t.co/NcwbxbaqGn
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deepseek's production numbers are kinda wild: 155T tokens/day from one cluster (96% input cache hits) and $38 revenue/GPU-hour at off-peak prices. at $5–8/GPU-hour, that’s ~80% margin on GPU costs alone. at DeepSeek prices!! we dug into the math, their 72-hour cache, and what actually got open sourced in today's AINews: https://t.co/NcwbxbaqGn
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i retired from the business of making single-stock calls a decade ago but trust me when i say that the stock market still has no idea that what happened
every single gpu sold gained ~30% in lifetime value today and the stock should be up by about $600B lol
the more you buy, the more you buy