He’s right that data centers waste a ton of energy on I/O latency that’s actually why my book is heavy on networking (AVGO, ANET), optical (LITE, AXTI), and HBM (MU). Fix the latency, don’t kill the data center.
But “all hyperscaler capex is wasted” doesn’t really hold up when you look at what’s actually getting built. Fractal computing might work for narrow batch workloads. It’s not training GPT-5.
Two years of “about to disrupt” while NBIS, VST, CRDO went triple digits. At some point the receipts matter more than the prediction.
Enjoy your analysis and candor on AI buildout then I read this and don’t know which direction is correct.
https://theblackswanfiles.substack.com/p/data-centers-fools-with-other-peoples?r=25ljdv&utm_medium=ios
He’s right that data centers waste a ton of energy on I/O latency that’s actually why my book is heavy on networking (AVGO, ANET), optical (LITE, AXTI), and HBM (MU). Fix the latency, don’t kill the data center.
But “all hyperscaler capex is wasted” doesn’t really hold up when you look at what’s actually getting built. Fractal computing might work for narrow batch workloads. It’s not training GPT-5.
Two years of “about to disrupt” while NBIS, VST, CRDO went triple digits. At some point the receipts matter more than the prediction.