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This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Here's her view 👇 "With Democratic victories in Texas and Georgia investors are worried that this could bring new permitting restrictions, potentially slowing the AI buildout. Nearly 30% of U.S. data center capacity expected to come online in 2028 is concentrated in Texas alone. But what people are missing is that the push back on Data Centers construction is not new. ▪️ ERCOT already had a moratorium on the projects ▪️ In NY, a one-year moratorium was imposed for data centers requiring 50 MW or more. ➡️ 2027: Out of the ~40GW expected in the US in ‘27, 70% are permitted and under construction… … Assuming typical delays, equipment availability, permitting, etc., we expect 25-30GW to come online in ‘27. ➡️ 2028: Out of the ~60GW expected in ‘28, we expect to be able to build ~35-40GW. And this has very little to do with the election. Bottom line is that the projects that have questionable economics, location, power source were going to come online regardless of the elections. Separately, delaying compute supply doesn't make AI demand disappear. It makes existing capacity more valuable. GPU rental prices were already increasing before the election. H100 rents are up ~35% since early January, four years after launch. Newer B200 rents rose 11% in the past month alone. If AI demand continues growing while new capacity gets pushed out, we could see GPU rental prices rise significantly further. That has important implications for the hardware cycle: ➡️ Existing GPUs could command higher rental rates, improving returns on deployed capital. ➡️ Older GPU generations could retain their economic value longer. ➡️ Delayed construction could spread hardware spending over more years, extending the investment cycle. The bottom line is building physical hardware is hard. Is more regulation making it harder? Sure. But not enough to justify 50% drop in hardware stocks".
Its cumulative net losses since inception: -$1.8 billion “Truth Social is doing very well. It’s hot as a pistol and doing great, and it's going public.” – Donald Trump, March 2024 ($DJT IPO) Source: Charlie Bilello
Reported incidents involve: ✈️ LOT — Warsaw to Brussels ✈️ Aer Lingus — Dublin to Rome ✈️ Finnair — Helsinki to Rome ✈️ Two flights at Copenhagen Airport ✈️ Three aircraft in Bulgaria — two diverted to Sofia and one to Plovdiv Source: GeoInsider
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