data center

“Our customers are going to be data centers, right? They're going to be people who want to actually power the AI.”

“When you think about the next generation technologies that will define the 21st century, whether that's Autonomous vehicles or robotics or the data centers that enable AI, drone technology. All of that has to have a rare earth magnet turning that motor, sensor…”

“I don't invest in them because there's no real regulatory issue. We'll get into it. That, I mean, a little bit of permitting and zoning, but not that much.”

“Like the, Google's of the world and so and so forth. They're planning on investing a trillion dollars in capex and data centers over the next couple of years.”

“And if you think about data centers, they're signing contracts as, you know, on the mid range, 20 cents a kilowatt hour, up to 30 cents a kilowatt hour.”

“You could kind of say, rule of thumb, one gigawatt data center, or per gigawatt, you have to spend about fifty billion dollars of capex.”

“So the biggest kind of challenge for data centers today is are there aren't enough construction workers to build a data center. So you have to like import people from other states to a site to build a data center. And being an electrician these days is actuall…”

“So I would say until 2030, there's no doubt that this is going to continue to scale at this rate. The question is like, what happens after 2030, and is it going to continue beyond that?”

“Data centers build out itself creates some construction jobs, but after it's built, there's not a lot of jobs that, that are required to maintain it.”

“So people think, oh, data centers are baseload means like you have a flat load, but it's not like that. It's like going like this all the time. And there's a lot of power electronics that you have to develop to actually handle those transients.”

“The beauty of the recent tax changes is that for a taxable investor you have accelerated depreciation on data centers, so you can depreciate a hundred percent of your capex immediately and get a huge tax benefit. So there's some tailwinds to the sector because…”

“Data centers had historically moved at sort of the speed of real estate, right? Somebody would decide to build a building and two years later after permits and they poured concrete and the building would go up and two years ago nobody cared about AI. All right…”

“As much as these data centers and service providers are heterogeneous, right, they're using different chips, NVIDIA and other chips, it's not going to be a hundred different chips. It might be two or three. Maybe three or four, right? That's as heterogeneous a…”

“Paris is you know, they have all this spare power. One of the funny things is like, they're like, oh, okay, let's build a bunch of data centers. But then Spain, Italy, Belgium the Netherlands and Germany All freaked out because it's like, oh wait, all this spa…”

“Data centers are back. Nobody is now saying, hey especially in the Fortune 500, and most people get that wrong because everybody thought, hey, all the workloads are just going to move to this hyperscaler. So hyperscaler is running out of capacity and making su…”

“The rise of 800 volt. It's gonna have a transformative effect. And then ultimately a solid state transformers.”

“Like, these, you must build these new data centers, because at some point, all of your revenue will become here, and this revenue over here in the old data center, that was asset light, high margin, is now moving to asset heavy, lower margin, big dollars, but …”

“Another will be around the chip architectures, and then another one will be around the movement of data, and so we're going from a regime of copper to a regime of light.”

“What's interesting about the optical industry is if there are no more data center build outs, if you don't see this crazy rate of construction that we've seen over the past three or four years, still you're going to have a shift within the existing properties …”

“What I've done is said, okay, look, let's focus our efforts on the data center. There's enough here going on that we really want to simplify our business as much as we possibly can. Focus on where we think the biggest opportunities are, and that's the data cen…”

“So there's a bottleneck that's developing. I think you talked about it with Tony. And as these fiber optics becomes more and more prevalent in data center, it's creating an ever tighter noose around the industry because there's only so much we can do so quickl…”

“Inside the data center, you have speeds are increasing, bandwidths are increasing, and copper can no longer carry these signals the distances they need to go.”

“We tend to co-locate with, you know, optimizing for places that already have those things readily available. So data centers, for example, that's a spot that's really great for a co-location because they already have That infrastructure in place. And they also…”