Here are the companies with the most Generative AI patents
Source: Voronai, Savvy Trader
Yesterday evening after the close, Super Micro $SMCI has swung nearly $170 in 40 minutes in after hours trading, dropping from $725 to $558.
Super Micro Computer beats on revenues + announced 10:1 stock split (why?) but missed on EPS. CEO: "Supermicro continues to experience record demand of new AI infrastructure..." Source: Ycharts, Beth Kindig
Nvidia $NVDA Blackwell delayed by 3 months due to design flaws.
Nvidia informs its biggest customers Microsoft and Meta. Nvidia Corp.’s upcoming artificial intelligence chips will be delayed due to design flaws, The Information reports, citing two unidentified people who help produce the chip and its server hardware. The chips may be delayed by three months or more, which could affect Nvidia’s customers including Meta Platforms Inc., Google LLC and Microsoft Corp. Nvidia this week informed Microsoft about a delay affecting the most advanced AI chip models in the Blackwell series, according to an unidentified Microsoft employee and another person. The delays mean big shipments aren’t expected until the first quarter of 2025, The Information added. Read more: Elliott Says Nvidia Is in A ‘Bubble’ and AI Is ‘Overhyped’: FT A spokesperson for Nvidia wouldn’t comment on its statements to customers about the delay, according to the report, but told The Information that “production is on track to ramp” later this year. Microsoft, Google, Amazon Web Services and Meta declined to comment to the publication, while a TSMC spokesperson didn’t respond to a request for comment. Source: Bloomberg, JaguarAnalytics
Only 5% of firms currently use AI
Source: BofA
The "ChatGPT era"...
The Nasdaq 100 post-ChatGPT at just over 400 days is now up more than it was following any of the other major technological releases of the last half-century. But if we are to follow the Netscape blueprint we have a lot of more bull left... Source: Bespoke, TME
NVIDIA vs. the tiny mining sector
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AI Evolution has tested 119+ AI tools in the last 6 months.
But most of them are useless in my daily life. Here are 8 AI tools I use almost daily: Credit: Razib ul Karim, AI evolution
Here's the link to a great article from Sequoia which argues the tech industry needs $600B in AI revenue to justify the money spent on GPUs and data centers:
https://lnkd.in/exFU9Wdp Bottom-line >>> OpenAI is the biggest AI pure play and is at $3.4B annual run rate. This feels like a bubble unless products worth buying show up. Source: Sequoia, Dare Obasanjo @Carnage4Life
