Buy VRT by Nov 28, 2026.

For a few years now the hyperscalers have been spending agressively, but it seems to me like spending this money is actually the easy part of the equation. If we add up the contracted, not yet delivered cloud demand (Remaining Performance Obligations - RPO) of the hyperscalers (**Microsoft**, **Oracle**, **Google** and **Amazon**), we get a sum of about **$2.3 Trillion (*****We still don't know if this will ever get paid but still RPO is a better estimate than a forecast …