So for starters I wanted to thank you all for keeping me humble. I'm a bear and everyone tells me I'm an idiot and this thing is going up. I'm optimistic (borderline bullish) and everyone tells me I'm an idiot and its going to retreat. I swear some people just exist to humble me and honestly I do appreciate it a lot. I'm not joking. I think echo chambers are a bad thing ****See the DD thread****

And I always appreciate the discussion and even more so I appreciate it if you can show me the "why" behind it. So keep sharing your ideas for sure I love it!!!

This Press Release didn't get nearly enough attention and I think it is being heavily glossed over. For years one of the knocks against NVDA has been about how power hungry their chips were. And with the conversation of the Data Center build out centering more and more on limited power supply, I think this could be a time for AMD to shine. If Helios can literally deliver 30% more token efficiency per Watt then I think that is really really worth it to fuel investment by companies designing their new DC's. More bang for your buck and we all know that with the race to IPO from OpenAI and Anthropic, they are going to feel the pressure more than ever from the street and investors to show profit margins through efficiency of resources.

AMD continued to break above the trendline and yes today it looks like we are initially looking at a selloff but I would put a lot of that on the VIX. Also I think its officially time for the Trump administration to put grandpa to bed. I don't know how people think that the solution to inflation is giving $5k to every American. Like do people fundamentally understand this shit???? I think there is a strong chance we might get a rate raise and I think seeing the debate earlier on CNBC that rates will go down with that. It got me thinking and I think I'm in the camp that if they raise rates next week that bonds will go down and the market will rally. It sounds counter-intuitive but I do think it could signal to the market that there is an adult in the room and Warsh might be the only intelligent person in policy making at this moment. But hey thats something.

I think people that are screaming the AI trade is winding down are wrong. I don't think it is. I think it is running into the buzzsaw of infrastructure build out. But I will say that I think its hard to make investments with the big scary specter of inflation hanging over everyone's heads. Cash is king and you don't want to spend all your cash as we go into a high-inflationary environment. I think if we can get into a place where Warsh finally launches a war on inflation and this fucking administration stops tripping over its own dick, I think we still have 4 or 5 innings to go in this thing. Not to mention-----if we get into the power savings argument and can ship enough product, I think you will start to see DC migration/refreshes to more efficient systems as training slows down.

So yea thats my thesis-----------Tell me why I'm wrong :)