Mark Cuban said on Aug. 16 that “chips as an asset class will be the new crypto,” offering a one-line prediction as artificial intelligence drives demand for advanced computing hardware.
Summary
- Mark Cuban said chips as an asset class could become the next crypto-like investment category.
- CoreWeave closed a $2.6 billion facility this month backed by long-term confidence in GPU demand.
- Nvidia reported quarterly data center revenue of $75.2 billion, rising 92% year over year recently.
- CoreWeave has pioneered GPU-backed financing, showing chips already function as collateral within institutional credit markets.
- Bitcoin advocate Pierre Rochard rejected Cuban’s analogy…
