“Even I’m Getting Nervous”
NEBX is not as bad as people make it out to be and is not near bankruptcy: revenue was $582 million, and operating losses come from $259 million of chip write-offs, so adding back depreciation it is actually profitable. The AI bubble will not suddenly collapse because of NEBX and Oracle.
Yes, Korwef is a poorly performing company, but Nepos is not as bad as people make it out to be. Nepos is a company that generated revenues of $582 million here. The only reason they are showing operating losses is because of the chip write-offs they are carrying out. $259 million.
Therefore, if we add back the depreciation, Nepos is actually profitable . I also have no personal interest in Nepos Company. This is not a big deal. The argument is simply that Nebus and Oracle are not on the verge of bankruptcy, and the AI bubble will not suddenly collapse because of them.