> So if you had a warehouse full of GPUs, you could just go ahead and install them, run them at low power, and still get like 2/3rds of the performance.

This doesn't add up. First, it's still hoarding, I'd call it lukewarm GPUs as opposed to dark GPUs. Second, nobody would do that because it needs more space and maintenance, more racks, along with the added wear, tear and power supply losses that come with them. How do you people come up with these genius ideas, justifying the documented hardware hoarding [1]?

Here's another fun case, where some GPU hoarders simply forgot about a truckload of GPU's and didn't notice it was missing for full two weeks after it was stolen. It doesn't look like they need GPU's for "urgent installation" [2].

[1] https://www.datacenterdynamics.com/en/news/microsoft-has-ai-...

[2] https://www.tomshardware.com/pc-components/gpus/six-pallets-...

  >documented hardware hoarding

  >“The biggest issue we are now having is not a compute glut, but it’s power – it’s sort of the ability to get the builds done fast enough close to power,” Nadella said. “So, if you can’t do that, you may actually have a bunch of chips sitting in inventory that I can’t plug in. In fact, that is my problem today. It’s not a supply issue of chips; it’s actually the fact that I don’t have warm shells to plug into.”

  >His comments echo those made by Microsoft’s CFO Amy Hood on the company’s Q1 2026 earnings call last week, where she told analysts that access to compute hardware has not been a constraint for the hyperscaler