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Cake day: July 7th, 2023

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  • These numbers don’t make any sense to me, as the hed is about buying lots of chips, and the body is about power use. No matter how you slice it, $8.76/kWh is a terrible fucking investment … if that’s chip-inclusive, that’s another story.

    Data center scale is usually given in terms of power consumption, not computing power. The trillion dollars is meant to buy enough hardware to suck up 20GW of power, and probably none of the money will go towards power generation.











  • Tesla is far from alone in flashing the “death cross.” The S&P 500 and Nasdaq 100 both showed it as well on Monday, as the indexes continue to fluctuate in wild and somewhat unpredictable ways thanks to the endless uncertainty that the Trump administration has introduced to the market through its blanket tariffs and “will they, won’t they” exceptions that keep getting tacked on and taken off.

    An individual stock hitting this point doesn’t really seem like that big a deal when indexes are getting there.