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Call for shareholder vote follows 8% share decline, Gavin Baker notes

Call for shareholder vote follows 8% share decline, Gavin Baker notes
Shareholder vote suggested after share drop

Gavin Baker, chief investment officer at Atreides Management, said a shareholder vote should be held after the conclusion of the ongoing investigation. Baker questioned whether the actions taken—following a Wall Street Journal report about the board preparing to oust an individual and an 8% drop in after-hours trading—are in the best interest of shareholders.

Baker previously reported that Deepseek generates $38 in inference revenue per GPU hour during off-peak periods, with capacity reaching $100 billion per gigawatt and higher rates at peak times, according to a prior article. He has also discussed how shifting GPU cluster financing from offtake agreements to prepayments makes operating cash flow to EBITDA the key evaluation metric, as detailed in another article. These perspectives inform Baker's ongoing commentary on technology investments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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