chips

“Yeah, I think, so I'm not really thinking about technology, because that's a bit too complicated for me. I mean, that's, because that changes so fast, and God knows who's going to be the winner in, in AI, or chips, or these kind of things.”

“Yeah, I mean, the, your requirement in any supply chain pipeline is to eat the value. If you're, you know, like, that's the whole idea of, you know, how those things work. So, like, if the, if you're spending a lot of money on chips, you go into chip making. J…”

“Turns out, the number of chips was also doubling every 18 to 24 months. So rather than two X, it was four X.”

“So my bet is, I think there will be, you know, chips on the market that do that at much lower price. And there's two companies I see going in that direction. One is called Etched. And the other one is called Visor.”

“NVIDIA still keeps selling chips.”

“If you think about it, if you're up here in the software stack, it's more important to own one level down, which is that model layer than to kind of start to optimize around chips.”

“I don't think these companies are all that profitable, partly because, you know, the underlying chips are not all that cheap and there isn't a lot of competition.”