The Accounting Uproar Over How Fast an AI Chip Depreciates

Tech giants including Meta, Alphabet, Microsoft and Amazon have all extended the estimated useful lives of their servers and AI equipment over the past five years, sparking a debate among investors about whether these accounting changes are artificially inflating profits. Meta this year increased its depreciation timeline for most servers and network assets to 5.5 years, up from four to five years previously and as little as three years in 2020. The company said the change reduced its depreciati