Amazon Bought the Chips. Now It Needs the Electricity.
There is a kind of problem only very rich companies get to have. You order billions...
TSMC Posted Another Record Quarter. Chip Stocks Fell Anyway.
Taiwan Semiconductor Manufacturing reported on Thursday that third quarter profit rose about 69% from a year...
Washington Wants One AI Rulebook. The Rules That Move Your Stocks Are Written Somewhere Else.
Most of the noise about AI regulation is about chatbots. What they can say, who they...
The AI Boom Is Now a Cash Flow Story
For three years, the AI trade ran on a simple promise: spend now, get paid later....
The AI Boom’s Money Problem: Debt, Circular Deals, and a Power Grid That Can’t Keep Up
Oracle just delivered a quarter that on paper looked like vindication. Revenue climbed 30 percent, its...
Big Tech Just Volunteered to Power Down. That Tells You Where the Real Bottleneck Is.
Something worth noticing happened in the AI trade this week, and it had nothing to do...
Oracle Booked $664 Billion. Its Free Cash Flow Is Still Negative.
Oracle reported its fiscal first quarter after the close on September 10, and the number everyone...
Dell Booked $95 Billion It Cannot Ship. The Bottleneck Moved Again.
Jeff Clarke said the quiet part out loud this week. Dell's chief operating officer was asked...
Nvidia Just Committed $279 Billion to Its Suppliers. Read That Number Twice.
Nvidia reported its fiscal second quarter on August 26, and by every measure that fits in...
Nvidia Just Backstopped a Twenty Year Lease. Voters Get Their Say in November.
On August 17, Nvidia filed a current report with the SEC disclosing that it had agreed...