The way we look at corporate earnings is shifting, and GPU depreciation is now at the center of the discussion. If we compress the expected functional lifespan of a GPU from the traditional six years down to a much faster 2-3-year cycle, the financial impact becomes substantial. Such an accelerated timeline would ultimately reduce reported profits by a staggering 176B+ throughout the 2026-2028 period. Let us dive into the true market value of a used GPU today 🧵