Lately, I haven’t written that often like I used to about AI and all the wicked narratives that propelled the stock price of many companies in the space into the stratosphere. The reason is very simple: after more than fifty articles over 2 years (all archived here), until today, I…
Category:NVIDIA
MAG7s NOW ISSUING DEBT TO CONTINUE BUILDING AI IS A LOUD WARNING
In the past few days, something rather incredible happened: Amazon and Google, two “cash cows,” started to gear up to directly issue debt. When I read this headline, “Google to join exclusive 100 club with century-long bond,” I couldn’t hold back a smirk on my face while thinking, “This is…
COREWEAVE: THE WEWORK OF AI
It has been a while since my last article on CoreWeave (“COREWEAVE: A FRAUD HIDING IN PLAIN SIGHT“), and considering what has happened in the past few months, plus the latest development last Friday, I believe it is time to write a new chapter in this saga. Before we dive…
AI IS BECOMING ORACLE’S LITTLE BIGHORN
General Custer’s mistake, which he ultimately paid for with his own life, was to lead an attack against a force of Native Americans far superior in number to his own cavalry regiment, which ultimately surrounded and defeated him. Oracle is currently surrounded, not by Native Americans, of course, but by…
NVIDIA’S 6M GPU “SHIPPED”: A BACK-OF-THE-ENVELOPE MIRACLE OR THE AI BUBBLE’S BIGGEST RED FLAG?
Nvidia’s Jensen Huang just claimed 6 million GPUs shipped this year alone, fueling a $500 billion order backlog for Blackwell and Rubin chips through 2026. Sounds like the AI gold rush is hitting escape velocity, right? Wall Street high-fives, stock pops 5%, and suddenly everyone’s toasting to infinite scaling laws…
NVIDIA EARNINGS: MORE QUESTIONS THAN ANSWERS ON THE STATE OF THE AI BUBBLE
Nvidia just released its latest earnings report and, of course, it beat Wall Street analyst expectations once again, triggering algorithms’ FOMO buying in after-hours trading. Fun fact: Have you noticed that for the last 9 quarters, Nvidia has ALWAYS beaten analyst expectations for revenues and revenue guidance by $2 billion?…
TRUMP’S DILEMMA: TO BAILOUT OR NOT TO BAILOUT THE AI BUBBLE
If you think that right now, with all that’s happening in markets, there are no ongoing discussions behind closed doors of the US administration offices as to whether or not to publicly support the (reckless) AI hyperscalers, then I suggest it’s time to stop living under a rock and see…
SOFTBANK’S KAMIKAZE BET ON OPENAI
By now, it is an open secret that OpenAI is quickly running out of cash and is in desperate need of funding. SoftBank’s latest earnings report shows that OpenAI has few alternatives other than SoftBank paying for the second tranche of the $40 billion it committed to invest in the…
THE DATA CENTERS FRENZY WILL BE REMEMBERED AS THE LARGEST WASTE OF CAPITAL IN HISTORY
There is not a single day anymore without an announcement of some sort from the AI bandwagon. Qualcomm just announced it will start selling its own AI chips (“Qualcomm Challenges Nvidia And AMD With Data Center AI Chips“), AMD announced a new $1 billion agreement with the DOE (“US Department…
THE LAST INNING OF NVIDIA’S GREAT REVENUE FABRICATION SCHEME JUST STARTED
OpenAI and Nvidia’s fates increasingly appear tied to each other. On one side, we have a private company valued at several hundred billion dollars but running out of cash (“OPENAI: LITTLE CASH, BUT PLENTY OF PROMISES, IN AN EFFORT TO AVOID BANKRUPTCY“), while on the other, we have the most…