Hope you enjoyed the Holidays & New Years. I recall from a few journal entries ago where you quoted a SF VC firm saying there is a $500 billion hole of profits needed to cover the current Capex investments from these US tech companies. Seems like that point you made is being played out as the market is now skeptical on those heavy AI investments.
This news on DeepSeek was negative for US Tech, but how do you see this affecting the underlying businesses of any Chinese Tech stocks, if any?
Hi Daniel,
Hope you enjoyed the Holidays & New Years. I recall from a few journal entries ago where you quoted a SF VC firm saying there is a $500 billion hole of profits needed to cover the current Capex investments from these US tech companies. Seems like that point you made is being played out as the market is now skeptical on those heavy AI investments.
This news on DeepSeek was negative for US Tech, but how do you see this affecting the underlying businesses of any Chinese Tech stocks, if any?
I learned a lot from Aravind Srinivas on the CNBC interview. And your analysis and reasoning is impressive. Thank you! 🙏
thanks for reading and your kind words!