In a bold take, Mark Cuban argues that computer chips could become the new crypto, signaling a shift from traditional crypto mining to AI and high-performance computing as the next big asset boom.

He likens AI computing chips to the crypto boom, saying scarcity and rising demand could make chips a distinct and valuable asset class.

Cuban contends the next investment wave will center on high-performance AI chips, especially GPUs, with computing hardware potentially becoming a standalone investment category.

The story runs on HokaNews, credited to Ethan Collins and dated August 16, 2026, and includes standard promotional and disclaimer content typical of the site.

The article emphasizes crypto culture coverage and includes warnings for readers to conduct their own research, noting that content is not financial advice.

Financing activity shows large GPU infrastructure facilities being secured by cloud providers, signaling lender confidence in sustained AI compute demand.

Cuban disclosed selling most of his Bitcoin holdings last May, citing macro hedging concerns and underperformance, while remaining more favorable toward Ethereum historically, before expressing disappointment in Bitcoin’s performance.

Nvidia’s data center revenue surged to $75.2 billion in a single quarter, marking a 92% year-over-year jump and underscoring booming AI-related GPU demand.

The crypto community pushed back, pointing out that chip manufacturing lacks Bitcoin’s difficulty adjustment and halving, with some critics treating Cuban’s claim as a potential bottom signal.

Industry dynamics show constrained supply and strong demand from AI developers, cloud providers, and enterprises, fueling heavy investment in AI infrastructure and chip development.

Focus centers on high-performance AI accelerators, notably GPUs used for training and running large language models and other AI workloads.

Cuban’s crypto stance has evolved from skepticism to interest in Ethereum and broader tech trends, aligning with debates on capital flowing into AI infrastructure.