David Friedberg: Michael Burry’s Datacenter Math is Wrong

And I actually think Michael Bur's got this wrong. And so what Michael Bur is saying is that all of these hyperscalers have extended their depreciation schedule or the useful life of their data centers by roughly 2x which cuts the operating costs in half when they report it in earnings and so it's making their earnings inflate. So he's claiming they're cooking the books.Google first made this change in Q1 of 21 where they said the servers are now going from 3 to four years. The chart shows the combination o ...