Neoclouds & GPU-as-a-Service: AI Supply Chain Stocks & Analysis

Neoclouds rent out GPU capacity on more flexible terms than the traditional hyperscalers, built specifically around AI training and inference workloads rather than general-purpose cloud. It's a newer, faster-growing but less-established layer of the chain: utilisation rates and contract-duration mix matter more here than headline growth, since the unit economics are harder to underwrite from public disclosures alone.