HTX DeepThink: Meta’s Sale of AI Computing Power Raises Concerns, Generational Differentiation of Computing Assets Enters a New Phase

HTX DeepThink columnist and HTX Research researcher Chloe (@ChloeTalk1) analyzes that Meta’s recent sale of part of its AI computing power has sparked market concerns about an oversupply of computing power, with GPU cloud service providers and the semiconductor sector subsequently coming under pressure. However, from the actual situation of the industry chain, this change cannot simply be interpreted as AI computing power demand peaking; it is more likely to mean that computing assets are beginning to show generational differentiation: previous-generation GPUs and non-core computing resources are gradually shifting to commercial leasing, while next-generation high-performance clusters such as Blackwell and Rubin remain in relatively short supply.