You might believe future GPU hours are currently underpriced (e.g. maybe we’ll soon develop AI systems that can automate valuable scientific research). In such a scenario, GPU hours would become much more valuable, while standard compute credits (which iiuc are essentially just money designated for computing resources) would not increase in value. Buying the underlying asset directly might be a straightforward way to invest in GPU hours now before their value increases dramatically.
Maybe there are cleverer ways to bet on price of GPU hours dramatically increasing that are conceptually simpler than nvidia share prices increasing, idk.
You might believe future GPU hours are currently underpriced (e.g. maybe we’ll soon develop AI systems that can automate valuable scientific research). In such a scenario, GPU hours would become much more valuable, while standard compute credits (which iiuc are essentially just money designated for computing resources) would not increase in value. Buying the underlying asset directly might be a straightforward way to invest in GPU hours now before their value increases dramatically.
Maybe there are cleverer ways to bet on price of GPU hours dramatically increasing that are conceptually simpler than nvidia share prices increasing, idk.