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Joe's avatar

Great conversation. I think Aaron's point on chips starting internal and then being sold to customers is true even beyond China considering the recent news we've seen around Google and TPUs as well. Something that was generally accepted as "internal only" for a long time.

Aaron's avatar

Thanks, I’ve seen such patterns in China’s public listed companies mutiple times. Always believe if something is really that good, even your competitor will “secrectly” use it.

J M Hatch's avatar

Yes, and NVIDIA without China does not have the electrical power to grow huge server farms, not unless other industries are shut down due to rising electric prices, which means those AI services won't be priced right either.

Aaron's avatar

yeah… power & power grid investment is also a big topic in the US right now