This is what I wrote about 3 weeks ago in “NVIDIA IS NOW VERY CLOSE TO HITTING THE CIRCULAR FINANCING BRICK WALL”: “Personally, I would not even be shocked if, in several months, Nvidia surprises the market and tries to raise significant amounts of debt via bond issuances, like other…
Category:NVIDIA
THE UNHAPPY ENDING OF THE WHOLE AI DREAM
While I was waiting for Oracle numbers, a very interesting headline came out: “China plans $295bn state-directed AI buildout as Beijing moves to lock out Nvidia and AMD”. This is what I wrote about 8 months ago in “THE DATA CENTERS FRENZY WILL BE REMEMBERED AS THE LARGEST WASTE OF…
ALPHABET EQUITY RAISE: A BOLD MOVE OR A GIANT MISTAKE?
On Monday, after US markets closed, Alphabet (the parent company of Google) issued a press release that took investors by surprise (to say the least): “Alphabet Announces Proposed $80 Billion Equity Capital Raise to Expand AI Infrastructure and Compute.” On the surface, Alphabet claims that, despite sitting on almost $127…
NVIDIA IS NOW VERY CLOSE TO HITTING THE CIRCULAR FINANCING BRICK WALL
Two years ago, I wrote the article “NO, NVIDIA IS ONLY ONE PIECE OF A BIGGER (FRAUDULENT) PUZZLE”, trying to shine a light on what, two years later, became the biggest circular financing scheme in the history of financial markets. Since what I was describing at the time was hard…
IS THE OPENAI CHICKEN FINALLY COMING TO ROOST?
Today I was working on something and planned to talk about something completely different, but then the WSJ dropped this bombshell: “OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO”. I am pretty sure nobody expected to read something like this today, especially ahead of hyperscalers’ earnings due…
IS THE DUO NVIDIA – COREWEAVE ABOUT TO JOLT THE AI NARRATIVE?
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…
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…