“We are going to make solar. Okay. Yeah, great. Both SpaceX and Tesla are, are building towards 100 gigawatts a year of, of, uh, solar cell production.”
US solar reshoring plus a tariff wall lifts the one domestic maker immune to the silicon price war.
“Like the turbines are sold out through 2030.”
Gas turbine vanes and blades are the choke point on Earth AI power; backlog sold out through 2030
“it's not that they have not replicated TSMC, they have not replicated ASML. That's the limiting factor.”
ASML is the irreplaceable choke point in chips; even China can't replicate it, so demand is locked in
“I'd say my biggest concern actually is, is memory. Um, so the, I think there's, there's a, the, the path to creating logic chips is more obvious than the path…”
Memory shortage is the tightest squeeze in the AI buildout; DDR prices going ballistic
“we've secured all the, all the chip fab production that we can.”
TSMC chip capacity is the multi-year limiting factor on AI; fully booked, fabs ramping flat out
“Physical robots, I call Optimus the infinite money glitch because you can use them to make more Optimuses.”
Tesla becomes the West's humanoid robot winner via custom actuators, hand, and self-driving AI
“the most valuable companies currently by market cap their output is digital. So NVIDIA's output is FTPing files to Taiwan.”
NVIDIA chips stay the scarce, indispensable input; only NVIDIA can make files that good
“If you take like refining of ore, I'd say roughly China does more, does twice as much ore refining on average as the rest of the world combined.”
US lacks domestic ore refining; closing that gap means a re-rating for the lone mine-to-refine player.
“China is extremely competitive in manufacturing. So, um, I think there's going to be a massive flood of Chinese vehicles and other, basically, most…”
China will utterly dominate manufacturing, EVs, and energy absent a US robotics breakthrough
“the interest payments to the national debt exceed the military budget, which is a trillion dollars. So over a trillion dollars just in interest payments.”
US faces fiscal crisis: interest on the debt already exceeds the trillion-dollar military budget