Allbirds just pulled off the wildest pivot in market history.
Sold their entire shoe business for $39M, rebranded to NewBird AI, and now they're selling GPU compute.
Stock ripped 430% in a single day.
The AI compute shortage is so severe that a dying shoe company just became an infrastructure play overnight. One press release. 430% gain.
This is what real supply-demand imbalance looks like. When sneaker companies can flip to GPU rentals and moon, you know the AI narrative is far from over.
The meta shift is clear: physical goods are out, compute is the new oil.