The supply score this run is -0.03. It lands on this five-word scale:
| contracting | softening | ● flat | firm | accelerating |
| What | Weight | Strength (1-3) | Pull |
|---|---|---|---|
Whole-chain inventory (nvidia)Nvidia AI-server rack component costs are inflating rapidly — running about 2% to 3% per week, sitting 10% to 15% above baseline, and swinging as much as 40% in a single week — driven by memory and fast storage drives scarcity.
| 0.08 | 2 | -0.053 |
Alternative supply (nvidia)Meituan's LongCat-2.0, a 1.6-trillion-parameter MoE model, was pretrained entirely on over 50,000 domestic (non-Nvidia) AI custom AI chip superpods across more than 35 trillion tokens, demonstrating frontier-scale training on alternative hardware.
| 0.04 | 2 | +0.027 |
These pulls add up to -0.027 for this cycle's findings. The tile above blends this with longer-horizon signals, so the headline score (-0.03) can differ.
Every row expands to the finding behind it and each piece of evidence: who published it, when, and whether it is a primary source.