Serhat

The AI numbers are starting to look very ugly. Even under "best case" assumptions, FT's own data shows Microsoft AI ROI at -9%, Google at -15%, Meta at -28%, Oracle at -35%. Only Amazon barely comes out positive. This is exactly why I keep comparing this to the dot-com era. Incredible technology does not automatically mean sustainable economics. The internet survived. Most internet companies didn't. Right now hyperscalers are spending trillions hoping future demand catches up to present capex. That's not certainty. That's a leveraged bet.

I guess AI energy infra and space tech still have huge upside potential $TLN AI needs more energy. 17yr AWS Susquehanna deal locks $18B $NOC CBO just scored Golden Dome at $1.2T. $VOYG Anduril's public proxy. 13F accumulation still pre-distribution. Alyeska has +5%

It's been a long journey — 6 years and 381 chips to be exact — but HUAWEI's He Tingbo explains how HUAWEI's high-end chips are now expected to feature a transistor density that is equivalent to 14 Å (1.4 nm) processes by 2031.

ok did more research.. - CXMT capacity is allocated almost entirely to domestic Chinese OEMs (Lenovo, Xiaomi, Huawei). not yet competing globally - they are 2+ nodes behind because of US export controls, and don't have the wafer capacity to dent the global market until late this decade.