NVIDIA's CUDA Moat is becoming a Copper Moat with scale-up networking. We❤️ Copper

Even the frontier labs underestimated their own demand.

The AI buildout needs more capital than backstops can cover.

The fastest finish is not always the most efficient one.

Ep. 037 - Who's Funding the $11 Trillion AI Buildout? (Capital Markets)

"It's like a zombie apocalypse, but you don't know how many waves of zombies are coming."

Open-source models are already taking the easier tasks. The bull case for frontier labs rests on one

A $200 AI subscription can be worth $12,000 in tokens. Which plan delivers it is not close.

Ep. 036 - Anthropic Subscriptions Beat OpenAI 5x, Depending on Your Workload (Tokenomics)

What four weeks of SemiAnalysis consulting can do to a company

Ep. 035 - Tech DD’s, Performance Projections, Supply Chain, Investment Thesis (Consulting)

Are GPUs money printers?