With AMD’s share price shooting up from the ~$200 range in early 2026 to around $500-600 range now, this means that Meta…
SemiAnalysis Twitter · SemiAnalysis (@SemiAnalysis_) · 2026-08-03
SemiAnalysis calculates that AMD's share price rise from roughly $200 to $500-600 in 2026 has already cut Meta's effective GPU capital cost from ~$2.15/hr to ~$1.60/hr and OpenAI's from ~$2.50/hr to ~$1.75/hr through warrant vesting.
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Extraction
Topics: amd-stockgpu-cost-of-ownershipai-infrastructure-finance
Claims
- AMD's share price rose from approximately $200 in early 2026 to $500-600 by August 2026.
- Meta's effective GPU capital cost of ownership dropped from approximately $2.15/hr/GPU to $1.60/hr/GPU.
- OpenAI's effective GPU capital cost dropped from approximately $2.50/hr/GPU to $1.75/hr/GPU.
- These calculations assume vesting is roughly linear relative to price level and that the full 6 GW capacity is deployed.
Key quotes
Meta and OpenAI's capital cost of ownership (assuming vesting with respect to price level is roughly linear, and that the full 6GW of capacity is deployed) has dropped from ~$2.15/hr/GPU and ~$2.50/hr/GPU to only ~$1.60/hr/GPU and ~$1.75 respectively!