“Nvidia data center revenue has gone from like, you know, a few billion a quarter to like, you know, $20, $25 billion a quarter now. And, you know, continuing…”
AI compute buildout becomes an industrial process; Nvidia data center revenue explodes from a few billion to $20B+ a quarter
“And then 2030, trillion-dollar cluster, 100 gigawatts, over 20% of US electricity production”
US power producers benefit as AI clusters drive electricity demand after decades of flat growth.
“I think this is where it gets really interesting for the big tech companies because their revenues are on order hundreds of billions. So it's like $10…”
Big tech stocks explode as AI revenue hits $100B/year, repeating what happened to NVIDIA.
“a lot of people have sort of made these climate commitments. They're not just government, it's actually the private companies themselves, right? The…”
AI power demand crashes into climate pledges, so utility-scale solar, batteries and SMRs see a deregulatory megaproject push
“They're able to make 7-nanometer chips now. I think there's a question of how many could they make, but I think there's at least a possibility that they're…”
China maturing domestic 7nm on DUV ends ASML's record China stockpiling, so its biggest revenue source normalizes down.
“within weeks, you know, Congress spent over 10% of GDP on like COVID measures, right? The entire country was shut down.”
AGI gets ignored, then a COVID-scale mobilization scrambles for power; electricity becomes the scarce asset that re-rates.
“I mean, in the Taiwan watcher circles, people often talk about the late 2020s as the maximum period of risk for Taiwan. Taiwan because military modernization…”
A late-2020s Taiwan-risk window forces sustained U.S. rearmament, lifting defense-prime order books and ITA.
“I think people are just vastly underrating the chances of this more or less looking like a government project.”
As AGI is pulled into a national-security project, the AI defense-prime gets the contracts, and Palantir reprices up.
“Now it's broadening. Now TSMC is 20% AI by 2027 or something is what they're saying. One more doubling, it'll be kind of like a large fraction of what they're…”
TSMC gains AI beta as AI grows from a couple percent to 20%+ of its business by 2027
“And there's a whole stack. There's people making memory and co-was and power.”
The whole AI hardware stack beyond GPUs (memory, networking, power gear) catches the AI beta as the boom broadens
“At some point, a Google or something becomes interesting... At some point, Google will get $100 billion of revenue from AI. Probably their stock will explode.…”
Google's stock explodes once AI revenue hits $100B and it gets credited with the AI beta
“At some point, actually, I think there's going to be a real tailwind to equities from real interest rates. Basically, in these explosive growth worlds, you…”
Explosive AI-driven growth pushes real interest rates up sharply; the big bond short pays off.