RT @theaustinlyons: Spoke with @stevelai on @BBCWorld about $NVDA earnings: .• China: 15% on H20s still unclear.• Networking: breakout biz….

RT @theaustinlyons: More analysis and thoughts on the U.S. Government’s investment in $INTC

RT @Arm: Chiplets are the future - a collaborative and robust ecosystem is the key.🔑. @theaustinlyons explores how open chiplet ecosystems,….

RT @RichieRiiicch: $ARM.$AMD.$INTC. GREAT POST BY @CHIPSTRAT. READ & GIVE A FOLLOW 🫡.

Proprietary chiplet stacks were the first step. The next phase is open, mix-and-match ecosystems. @Arm is laying the groundwork. Link below 👇

When all major HBM vendors & foundries back a startup, pay attention. Eliyan’s NuLink PHY delivers interposer-class performance over organic substrates — with 2× beachfront bandwidth. Perfect timing for HBM4/4e.

RT @theaustinlyons: “Intel can stand on its own — the White House just wants to bridge the gap and help find anchor tenants, get to full fa….

RT @theaustinlyons: Fun 10-min run with @AlexCoffeyCS on mega tech + semis!.$AAPL — Why partnering for models makes sense .$TSLA — EV busi….

RT @SchwabNetwork: .@IvanaSpear: Mag 7 can't be grouped; focus on 'bifurcation.' Power gen and A.I. infrastructure will drive growth. @th….

RT @theaustinlyons: Joined @IvanaSpear & @NPetallides on @SchwabNetwork to talk Mag 7. Nvidia: High ROIC, leading. Azure & GCP: Winning AI….

RT @theaustinlyons: SkyWater increased American capacity for foundational silicon significantly. If you haven't heard of $SKYT, I wrote a s….

7/ So what should $AMZN do? Read here:.

6/ bottom line:. 🚨 AWS is Amazon’s profit engine.🚨 That engine is losing momentum.🚨 Long-term bets like Trainium 2/3 won’t matter if AWS can’t meet GPU demand now. $AMZN needs urgency before it’s too late.

5/ $AMZN was late to the game & now they are suffering GPU shortages and power bottlenecks. Jassy admitted it on the Q2 call: “We could be doing more revenue. we're working hard on changing that and how much capacity we have. the single biggest constraint is power.”.

4/ Since late 2022 when LLMs took off, AWS’s share of net new cloud revenue has cratered. The GenAI boom was an inflection point. $AMZN didn’t capitalize. Others did.

3/ But here’s the problem:. YoY cloud growth:.→ Microsoft: +39%.→ Google Cloud: +32%.→ AWS: +17%. Yikes.

2/ AWS is just 18% of Amazon’s revenue….But it’s 53% of Amazon’s operating profit. Retail margins are thin. AWS margins are 32.9%. $AMZN trades like a tech company because of AWS.

1/ $AMZN stock depends on AWS. But AWS is missing the AI infrastructure moment. Slow growth. GPU shortages. Power constraints. Meanwhile, Microsoft and Google are locking in the GenAI future. Here’s everything you need to know 🧵.

RT @theaustinlyons: As I said on @chipstrat back in January, CPU TAM is increasing thanks to AI. $AMD is seeing the same ! .