Nick
5.6K posts
@NickTheStoic
Venture capital. Value investing. Technology. USC Marshall MBA. Recovering CFA. I tweet about VC, stocks, and all things finance. Europe born.
Vectors of Chinamaxxing #1 The most obvious is technocratic envy - Dang Wang’s thesis in Breakneck, that China is a society run by engineers, bent on “engineering the future”. #2 Then there is the shock of the encounter with Chinese reality on the part of visitors to China - whether those visits are stage managed by official tourist agencies, or not. #3 Another dimension of enthusiasm is retro-authenticity - street scenes from Beijing on Chongqing as reminders of a lost world of “down to earth” life. #4 There is a lot of interest in Chinese ways of wellness #5 The West has discovered that Chinese netizens have a great sense of humor. #6 Chinese popular culture is one of the great generators of the styles and paraphernalia of “cuteness”. #7 The erotic realm: recurring rumors of epidemics of “Yellow fever” sweeping the dating scene.
@marcjoffe @Eric_Blair_2000 The family home I grew up in was $100k in the 1980s in Northampton and before that we were in an apartment in Bensalem.
Reuters reports Huawei plans to make 750,000 Ascend 950PR AI chips in 2026. That is TINY--about 1% of Nvidia's AI compute production--and will not come close to meeting China's AI needs. China needs US chips to compete with the US in AI - which is why we shouldn't give them any!
The Jensen Huang episode. 0:00:00 – Is Nvidia’s biggest moat its grip on scarce supply chains? 0:16:25 – Will TPUs break Nvidia’s hold on AI compute? 0:41:06 – Why doesn’t Nvidia become a hyperscaler? 0:57:36 – Should we be selling AI chips to China? 1:35:06 – Why doesn’t Nvidia make multiple different chip architectures? Look up Dwarkesh Podcast on YouTube, Apple Podcasts, Spotify, etc. Enjoy!
