GPU-Backed Loan Defaults: What AI Lenders Actually Recover

Stress tenants and chip resale together, and modeled losses on $17.7 billion of GPU debt more than double.

By Dorian

All jargons and terminology are written in my previous posts:

GPU-Backed Loans: How AI Chip Debt Really Works

The AI Boom Has a Credit Problem: What CoreWeave’s 15% Bond Yield Really Means

Under post about AI chip loans in this series, a reader called Scenarica left a comment that deserves a full answer:

“The ‘customer credit’ and the residual-valu…