Domestic Compute Clusters Reach 100k Cards; Investment Logic Needs Recalibration

If domestic compute power was previously like an engine revving at max speed in a lab but liable to blow up at any moment, then the deployment of the Sugon 8000 cluster in Zhengzhou is like installing that engine into a car that can actually hit the road—though still far from being a Ferrari, it at least proves it can deliver sustained output, run on roads, and haul cargo. As a PE investor focused on hard tech, I care not just about "how fast," but "how stable" and "how valuable."