[HN Gopher] Oracle is building yesterday's data centers with tom...
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       Oracle is building yesterday's data centers with tomorrow's debt
        
       Author : spenvo
       Score  : 116 points
       Date   : 2026-03-09 20:36 UTC (2 hours ago)
        
 (HTM) web link (www.cnbc.com)
 (TXT) w3m dump (www.cnbc.com)
        
       | motbus3 wrote:
       | Omg. Oracle taking greedy bad decisions with tax payer money? No
       | way!
        
         | coliveira wrote:
         | While Trump is in power, the bail out is a sure thing.
        
         | happyopossum wrote:
         | TFA says nothing about taxpayer money - this is about Oracle
         | taking on debt...
        
         | keeganpoppen wrote:
         | what taxpayer money?
        
           | slopinthebag wrote:
           | The inevitable bailout.
        
       | jmclnx wrote:
       | to me, seems the page is gone. This could be a related item:
       | 
       | https://www.msn.com/en-us/money/general/as-oracle-plans-thou...
        
       | sowbug wrote:
       | What happens to older datacenter GPUs? Do they have a second life
       | somewhere outside of datacenters?
       | 
       | I could see Nvidia adding terms of sale requiring disposal rather
       | than resale.
        
         | AlotOfReading wrote:
         | You send them back to Nvidia or a third party e-waste recycler
         | at end of life. Sometimes they're resold and reused, but my
         | understanding is that most are eventually processed for
         | materials.
        
         | zasz wrote:
         | It seems like GPUs with a high utilization rate (60%+) degrade
         | after 1-3 years: https://www.tomshardware.com/pc-
         | components/gpus/datacenter-g...
         | 
         | Would be interested to know if others have takes on this.
        
         | MisterTea wrote:
         | It's likely the GPU boards are designed for water cooled data
         | center racks and might not fit in a regular PC case. It's also
         | possible the PCB the GPU's are mounted to might not be standard
         | PCIe cards that fit into an ATX case.
         | 
         | I bought a used NEC SX Aurora TSUBASA (PCIe x16 board that
         | looks like a GPU board) and realized it has no fans. The server
         | case it is designed to fit into is pressurized by fans forcing
         | air through eight cards on a special 4 + 4 slot motherboard. I
         | have to stack and mount three 40mm fans on the back.
        
         | u1hcw9nx wrote:
         | They are build to physically last 5-7 years in 24/7 datacenter
         | use, but they have effective lifetime just 3-4 years, then
         | their value has deprecated and electricity and infrastructure
         | cost dominates. Meta did a benchmark where 9% of the chips
         | failed every year, 'infant mortality' is much higher in the
         | first 3 months of use.
        
         | jdiez17 wrote:
         | I've written about this elsewhere but I predict there will be a
         | significant secondary market for repurposing parts of
         | datacenter GPUs (for example, RAM chips) by desoldering them
         | and soldering them onto new PCBs that fit PC/consumer use
         | cases.
        
           | Avicebron wrote:
           | I wish there to be an active market like what Gamer's Nexus
           | covered in China:
           | 
           | https://www.youtube.com/watch?v=1H3xQaf7BFI&t=1577s
           | 
           | in the States.
        
             | Gigachad wrote:
             | It's all about the cost of labor. In the US you could not
             | find someone capable of soldering BGA chips for a price
             | that makes sense doing.
        
         | paxys wrote:
         | Plenty of enterprise server hardware (racks, servers, RAM,
         | disks) does have an active secondhand market after 3-5 years of
         | use, but I think GPUs are too specialized for it to be viable.
         | I doubt anyone has the setup to run a H200 in their home rig.
         | 
         | I also don't think companies are going to have mandatory
         | replacement cycles for GPU hardware the same way they do for
         | everything else, because:
         | 
         | 1. It is an order or magnitude (or more) more expensive.
         | 
         | 2. It isn't clear whether Moore's law will apply to the AI GPU
         | space the same way it has for everything else.
         | 
         | Unless Nvidia can launch a new chip every 2-3 years with
         | massively improved performance-per-watt at a _lower_ price no
         | one is going to rush to recycle the old one.
        
           | tryauuum wrote:
           | you can absolutely run e.g. datacenter-level A100 at home,
           | there are adapters from the SXM to the PCIe socket. Haven't
           | seen people running SXM versions of H100s this way but this
           | could be due to the price factor only
        
             | baby_souffle wrote:
             | Well technically true, I would wager that the home lab is
             | going to require increasingly distinct and unusual
             | adaptations to retrofit the hardware to home use.
             | 
             | New stuff is all liquid cooled by default and that's a
             | paradigm shift for your average home lab.
             | 
             | I'm less aware of exactly what's happening on the power
             | side of things but I think some of the architectures are
             | now moving to relatively high voltage DC throughout and
             | then down converting it to low voltage right before it's
             | used. So not exactly just plug-and-play with your average
             | nema15 outlet.
        
           | TacticalCoder wrote:
           | > I doubt anyone has the setup to run a H200 in their home
           | rig.
           | 
           | There are PCIe versions of these right? And another comment
           | is saying there are PCI adapters too. It "only" requires 600
           | to 700W. It's not out of reach for everybody.
           | 
           | If the used regular server market is any indication, you can
           | find, after a few years, a _lot_ of enterprise gear at
           | totally discounted prices. CPU costing $4K brand new for $100
           | after a few years: stuff like that.
           | 
           | A friend has got a 42U rack and so do some homelab'ers.
           | People have been running GPU farms mining cryptocurrencies or
           | doing "transcoding" (for money).
           | 
           | It's not just CPUs at 1/40th of their brand new price:
           | network gear too. And ECC RAM (before the recent RAM craze).
           | 
           | I'm pretty sure that _if_ H200 begin to flood the used
           | market, people shall quickly adapt.
           | 
           | > Unless Nvidia can launch a new chip every 2-3 years with
           | massively improved performance-per-watt at a lower price no
           | one is going to rush to recycle the old one.
           | 
           | I agree with that. But if they resell old H200s, people are
           | resourceful and shall find a way to run these.
        
           | epolanski wrote:
           | > Unless Nvidia can launch a new chip every 2-3 years with
           | massively improved performance-per-watt at a lower price no
           | one is going to rush to recycle the old one.
           | 
           | That's exactly the point.
           | 
           | Performance/watt is increasing so much gen-to-gen that it
           | makes no longer sense to run older hardware.
           | 
           | Not my words, Jensen's.
        
         | observationist wrote:
         | Depending on the elemental composition, it could definitely be
         | worthwhile to recycle wherever scale is practical. For giant
         | datacenters and companies using hundreds of thousands or
         | millions of gpus, that adds up to a lot of gold and other
         | valuable elements.
         | 
         | In order to take advantage of that, someone needs to be
         | positioned to process all that material economically, and to
         | make the logistics achievable by the big players. If it costs
         | Facebook $10million to store and transport phased out gpus vs
         | just sending them to a landfil, they're not going to do it. If
         | they get $100k for recycling - probably not going to do it. If
         | they pocket $5 million, they will definitely contract that out,
         | especially if it costs $50 million to build out the
         | infrastructure to handle it.
         | 
         | Probably a good company idea - transport, disposal,
         | refurbishment of out of cycle GPUs and datacenter assets,
         | creating a massive recycling pipeline for recapturing all the
         | valuable elements is a pretty good niche.
        
         | throwup238 wrote:
         | Last I checked AWS is still offering g4dn instances that run on
         | NVIDIA T4 GPUs, which were first released in 2018. I think most
         | people underestimate how long superscalers can keep these
         | things running profitably after they depreciate, and you
         | probably don't want anything they throw away.
         | 
         | My last employer is still running a bunch of otherwise
         | discontinued g3 instances with 2015 era GPUs.
        
         | h4kunamata wrote:
         | Bin!!
         | 
         | Why would them sell it cheaper to the 2nd market??
         | 
         | It will hurt the sales of new ones. This is the way even with
         | food, let alone technology. Don't expect to buy cheaper 2nd GPU
         | any century soon.
        
           | Gigachad wrote:
           | The data center owners aren't the ones selling new GPUs.
        
             | alphager wrote:
             | They are selling access to GPU computation. Seeking their
             | used GPUs would flood the market with cheap competitors
             | using their old GPUs.
        
               | Gigachad wrote:
               | If the GPUs were competitive with their own, they
               | wouldn't be selling them off.
        
       | mcs5280 wrote:
       | The only thing that matters is stonk++
        
         | munk-a wrote:
         | The actions of oracle lately seem extremely misaligned to
         | maximize stonks - it's extremely political, more than is
         | necessary to merely keep in the good graces of the current
         | administration.
        
         | john_strinlai wrote:
         | too bad stonk is down 23% this year. i think they are doing it
         | wrong
        
           | conductr wrote:
           | It's a huge gamble but they have no choice but to take it.
           | Most their software will be rendered obsolete by AI (I've
           | vibecoded replacements saving millions already, companies
           | everywhere are doing this right now).
           | 
           | So they have to hope they're a part of the future in the AI
           | capacity because their SaaS business is going to take a big
           | hit.
           | 
           | YTD performance didn't fully bake this reality in. It was
           | seen as them having 2 huge revenue streams, the market is
           | realizing that AI is a threat to SaaS and baking that into
           | stonks
        
       | chb wrote:
       | Is it possible that the supply of used GPUs available to home
       | builders will somehow increase as the result of this?
        
         | llm_nerd wrote:
         | Data centres are actually prohibited from using consumer level
         | GPUs via license restrictions. The GPUs they use are largely
         | SXM (server connector) and if you did somehow get one of the
         | PCIe variants (with enormous power and cooling needs) most
         | don't even support gaming APIs.
        
       | advisedwang wrote:
       | Perhaps oracle going bust can be the silver lining to an AI
       | bubble bursting
        
       | wmf wrote:
       | I don't believe that Stargate is "yesterday's data center". It's
       | being built in multiple phases and Oracle has access to Nvidia's
       | roadmap. They know 200 kW/rack is coming. The newer phases could
       | easily be built out to support Rubin and Feynman.
        
         | harry8 wrote:
         | So what's the theory that goes with this about why cnbc are
         | reporting that openai are walking because they want newer
         | nvidia hardware? CNBC are clueleess? People at openai are lying
         | to cnbc? cnbc are fabricating stories while drunk?
         | 
         | There has to be some theory to explain the story to be
         | consistent with this comment.
        
           | wmf wrote:
           | Something is probably happening but I don't know what it is.
           | Maybe this is really a negotiation over price.
        
           | collabs wrote:
           | I agree with you more than I agree with the parent comment.
           | 
           | To use the hit HBO TV show silicon valley analogy, it is far
           | more likely that "the bear is sticky with honey" will happen
           | at Oracle than at Open AI. Some kind of game of telephone
           | gone wrong at some point and now the people responsible at
           | Oracle must double down in order to kick the can to the next
           | quarter and not appear clueless.
           | 
           | Statutory disclaimer: I am not affiliated with either Open AI
           | or Oracle and have no insider information. All of this is
           | mere conjecture and has no basis in reality.
        
           | TacticalCoder wrote:
           | > CNBC are clueleess?
           | 
           | That sounds about right.
           | 
           | > People at openai are lying to cnbc?
           | 
           | Remove "to cnbc" and that's a yes.
           | 
           | > cnbc are fabricating stories while drunk?
           | 
           | Maybe not drunk but likely high.
        
           | cyanydeez wrote:
           | OpenAI is a unreliable narrator as long as Sam is in charge.
           | Full stop. EM_DASH.
        
       | hristov wrote:
       | What the article did not mention is that oracle founder,
       | executive chairman and biggest stockholder larry ellison is
       | currently bankrolling his kid David's bid to monopolize the
       | entire US news industry so that they are more friendly to Trump,
       | Netanyahu and various other right wing ideologists.
       | 
       | David Ellison is fueling his buying spree with debt guaranteed by
       | his dad's oracle shares. The various assets David has bought are
       | already suffering losses of viewership because viewers are turned
       | off by their new ideological slant.
       | 
       | Usually debt investors are not worried if the stock price is
       | high. Debt has precedence over equity, so if the stock price is
       | riding high, the CEO can always be convinced to print more shares
       | to service the debt. The Oracle stock price has not been doing
       | that hot lately, however. As the article said, it is 50% down.
       | Still ORCL has 430 Billion market cap in comparison with 130
       | Billion of debt. It seems manageable. But stock prices can move
       | very fast. Ironically, the war in Iran, which David's new news
       | sources keep supporting is causing ORCL stock to go down which
       | can bring down David's new media empire.
       | 
       | David just purchased Warner Bros for about 110. A lot of that (40
       | billion) is also guaranteed by daddy's ORCL shares. Warner Bros
       | owns Comedy Central, which sadly has been one of Americas most
       | dependable news sources.
       | 
       | The house of cards is still standing but its getting awfully
       | wobbly.
        
       | christkv wrote:
       | This is general compute hardware as I understand it. It will not
       | go unused no matter what happens. If new algorithms appear that
       | reduce the number of calculations needed per token for an llm
       | they are probably still good. It's not like silicon advances are
       | accelerating.
       | 
       | If it's built in stages each state will have never variants of
       | hardware I imagine.
        
       | yalogin wrote:
       | This is a pretty damning headline and we are still talking about
       | Blackwell. I guess that is how fast the whole segment is moving
       | but OpenAI and only looking for the most advanced chips feels
       | more like an excuse to walk away from this deal rather than a
       | problem with the stack and oracle. Feels to me that OpenAI is
       | cutting down on commitments and cost as it doesn't see the
       | revenue pipeline building. May be someone with more knowledge of
       | the reality can comment and correct me
        
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