This year alone, the total CAPEX on AI infrastructure from Big Tech companies is expected to reach 330 billion $, with Microsoft accounting for more than one-third of it, as per the latest results and projections. Where is all this money going to be spent? To buy chips and build...| JustDario
The dominoes are now falling with brutal efficiency. In one devastating week, the U.S. government severed Nvidia’s China revenue artery while TSMC plunged a 30% cost dagger into its margins. This isn’t coincidence – it’s causation. I have warned since 2024 that Nvidia’s “AI supremacy” was a carefully crafted mirage....| JustDario
That expectations and dreams today count more than reality is becoming harder and harder to deny, just as it’s becoming harder and harder to deny that companies’ management exclusively focuses on inflating their stock prices as much as possible in the short term, neglecting medium and long-term structural business growth....| JustDario
