it’s been trading pretty closely w China See comparison vs klac/lcrx vs Soxx vs listed Shanghai sub Acmr the worst performer has to be the match risk getting priced in IMO

Yes but just catastrophic for Anthropic sooooooooo pull up the ladder on all others?

if your inference cloud isn't on this list, it's not an inference cloud. it's low value, bare metal. $crwv $iren $nbis

1. Meta and major other enterprise customers moving away from Claude AGGRESSIVELY and 2. Distillation crackdown But if you think that’s bad, wait til Zuck does a $100bn equity offering right before Anthropic prices it’s IPO $meta

"add decades to patient's life expectancy"

it's just money frens

Almost likely bombed First time in at least 8 quarters going before seagate. I’m long $stx, short $wdc 1:1.2 net short

what about “convexity” :)

hock is seriously wrong on the gpu vs asic argument. in capital intensive industries, the more flexible the asset base the better full cycle outcomes. i'll extend it to the aircraft industry. airlines are notorious serial bankruptcy filers. here's the list of current u.s. airlines. southwest has been a great airline over time, as has jetblue. what's unique about them? they have effectively ONE, generalizable aircraft type each, and pilots are therefore trained across the entire fleet. no matter where the aircraft takes off or lands, it does so flexibly. no switching cost, no stranded capital. gpu has a major operating leverage advantage vs asic reflected in risk-adjusted terms. i know i know delta is doing great at the moment, have to look at cost of capital over a full cycle. southwest and jetblue have superior full cycle models. as does the nvidia gpu $nvda $avgo