Patel says NVIDIA is shipping more GPU flops this year than in its entire data center history combined.
“There's more GPU flops shipping this year that NVIDIA shipped their entire history for the data center.”
Patel says NVIDIA will sell over 3 million total GPUs next year and over a million H100s this year.
“NVIDIA is gonna sell well over 3,000,000 total GPUs next year, over a million H100s this year alone. There's a lot of GPU capacity coming online. It's an incredible amount.”
Patel states NVIDIA will sell over one million H100s this year and over three million total GPUs next year.
“NVIDIA is gonna sell well over 3,000,000 total GPUs next year, over a million H100s this year alone. There's a lot of GPU capacity coming online.”
Patel identifies the 50,000 GPU cap per country as trivial compared to NVIDIA's six million unit annual production.
“Like, each country can only buy 50,000 GPUs for the next four years. And it's like, that's kinda nothing when NVIDIA's making, you know, 6,000,000 plus this year.”
Patel calculates next-generation clusters deliver 15x more compute through five times more GPUs and 3x performance gains.
“So you got you have five x the GPUs, and you have three x the performance per GPU roughly. So then you're at, like, 15 x more compute.”
Patel reports CoreWeave has over 200,000 GPUs, billions in revenue, $20 billion valuation, and plans to IPO in 2025.
“CoreWeave now has, like, 200 k plus GPUs. Right? Like Yeah. A lot of GPUs. Right? They're doing, like, you know, billions of dollars of revenue.”
Patel reveals each country is capped at 50,000 GPUs for four years while NVIDIA makes 6 million annually.
“There is there is one obvious loophole, which is well, there's, like, strict caps. Right? Like, each country can only buy 50,000 GPUs for the next four years.”
Patel challenges DeepSeek's GPU count claims, citing job ads promising tens of thousands of GPUs.
“The estimates that we have is, so first of all, ads in China, they say they have tens of thousands of GPUs for researchers, right?”
Patel says China imported one million H20 GPUs in recent quarters, enough to build largest cluster.
“This is more than enough if they even took 30 of it, concentrated it, to be a bigger cluster than any American company has.”
Patel compares buying GPUs to buying drugs, involving informal texting and calling multiple contacts for availability and prices.
“How you buy GPUs is like buying cocaine. You call up a couple people. You text a couple people. You ask, yo. How much you got? What's the price?”
Patel compares GPU purchasing process to buying drugs, calling people to ask about availability and pricing.
“my opinion on how you buy GPUs is that it's like buying cocaine or any other drug. This is described to me, not me.”
Patel says OpenAI's Oracle deal reaches over $90 billion annually within a few years from $300 billion total commitment.
“OpenAI, which signed a $300,000,000,000 plus deal with with Oracle, will actually be able to pay $300,000,000,000, right, across raising capital and revenue?”
Patel compares buying GPUs to buying cocaine with informal texts asking for availability and pricing.
“You call up a couple people. You text a couple people. You ask, yo. How much you got? What's the price? It's like Exactly. This is fucking like, buy drugs. Like oh, sorry. Sorry.”