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NVIDIA Argues Performance Per Watt Is the Only AI Infrastructure Metric That Matters
NVIDIA published a technical argument that tokens generated per fixed power budget — not raw FLOPS — determines an AI factory's revenue and profitability, since power is the inescapable constraint. Self-serving framing from the company selling the most efficient accelerators, but the underlying economics hold: datacenter buildouts are now gated on grid interconnects, not chip supply. The metric shift explains why inference pricing floors are where they are.
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