SkinnyDipping
Nov 12, 2:24 PM
$NBIS this is truly the most ignorant country on this planet. I am NOT kidding.
This company just reported Revenue up 571% YoY. Over
$12B in new contracts since the start of Q3. Customer prepayments exceeding 100% of associated capex on certain deals. Customers committing to longer contracts and higher prices!
Think about that. Customers are committing billions and helping finance the infrastructure before it’s even operational.
So they aren’t reporting a demand problem. It’s reporting an SMALL 2 mnth infrastructure bottleneck delay. Management says its own data centers are on schedule or ahead, while delays at third-party facilities, where
$BE power infrastructure is being installed is pushing some revenue recognition just 2 months behind into 2027.
Yes, execution delays and rising capex can matter. But delayed capacity and a one time rising capex, with **contracted demand** is a very different problem from building infrastructure nobody wants.
Yet here we are.
$SPY $QQQ
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