10 Yr and NVDA--------thats this whole market. Maybe a little oil too. But ooooooof the 10 yr is screaming red. NVDA is spending more cash today to help its customers secure compute. I really don't know how much longer this can be a viable strategy honestly. Like $35 Bil for one deal for one customer. Its like the chip companies are the things keeping the AI companies afloat. Shouldn't the broader market be able to do that on its own bc they have been able to monetize the tech?

I generally don't love Chamath Palihapitiya but I did see him talk about AI compute like a commodity and I thought it was great. Right now Anthropic is one of the most EXPENSIVE barrels of compute out there. And I love Claude I really do. But I'm not sure that is going to be the thing that is lasting. So making investments in them is ehhhhh kinda iffy. I think AMD has been a little bit more judicial with some of its investments which I think is solid. Investing in a company like Meta that has alternative revenue streams might allow Zuck and co to just outlast the competition and buy the remnants later on.

AMD is still hanging around but with the 10 yr spike I think we might see some weakness forming up at the open. $450 is the key level to watch today. As long as we can hold that we aren't completely fucked but if we break below that then that is where we start the $424/$425ish watch for support. I kinda just want it to happen already and shake out the bears so we can be prepped for Helios launch.

What do we think of new APPL CEO???? Do you think he opens the door to more partnerships?

That works out to about $20 million per megawatt. At that rate, the planned phase of up to 250 MW implies an investment of up to about $5 billion. And the full gigawatt would be about four times that -- roughly $20 billion.