Meta Starts Selling Surplus AI Computing Power; Analyst Highlights Neocloud Buying Opportunity on July 2

According to analyst degentrading citing Serenity, on July 2, Meta began selling surplus AI computing power while purchasing capacity from neocloud companies. Degentrading noted that Meta's capital spending requires demonstrating cash returns to investors. Serenity pointed out that the market may have overlooked Meta's purchases from neocloud firms, suggesting that stocks like NBIS and CRWV currently offer attractive risk-reward valuations despite recent market declines.
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