Domenico Marcoccia

[Domenico Marcoccia @domarcoccia]

Adidas

[TRADESTER JJ @TRADESTERJJ]

“you were right about $AMD”

[Domenico Marcoccia @domarcoccia]

This aged well.

[Sundar Pichai @sundarpichai]

@Benioff @altcap 🙏

[Domenico Marcoccia @domarcoccia]

Monster. Remember, nobody wanted it 6 months ago

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Alphabet stock, $GOOGL, surges over +5% in pre-market trade as AI stocks extend 2-day gains.

This makes Alphabet now a $3.8 trillion company, just 6% away from being larger than Apple.

[Patrick Moorhead @PatrickMoorhead]

Huge, revenue-warrants contractual deal between $AMD and @OpenAI — what it is, what it isn’t, and why it matters.

Overall: This is a massive, multi-year GPU supply + incentive alignment. OpenAI commits to scale on AMD Instinct (starting with MI450) up to 6 gigawatts over multiple generations which could be around $100B in revenue. The first 1 GW begins deployment in 2H26. This is about GPU compute revenue at scale, not a cash infusion.

The equity piece:
AMD granted OpenAI a warrant for up to 160M @AMD shares at $0.01. It vests in tranches only if milestones are met:

•Purchases actually occur (first tranche at 1 GW, additional tranches as deployments move toward 6 GW).
•AMD hits share-price hurdles (with a final target at $600).
•OpenAI meets technical/commercial milestones needed to run AMD at scale.

The warrant is exercisable through 2030, has customary registration rights, and is not freely transferable beyond affiliates. No day-one dilution; OpenAI earns it by executing.

How this differs from NVIDIA’s investment in OpenAI:
•NVIDIA’s approach: $100B financial equity into OpenAI, 1GW binding and “over 10GW planned”, non-binding.
•AMD’s approach: AMD gives OpenAI upside in AMD if OpenAI deploys AMD GPUs at scale and AMD executes. It’s compute-for-upside, not cash-for-shares. The incentive runs from AMD to OpenAI, tightly contractually binding GPU adoption to AMD’s stock performance. 6GW binding.

Strategic implications:
•For AMD: A visible, multi-gigawatt demand signal. AMD says the partnership can deliver “tens of billions” in revenue over time and be accretive. MI450 performance/roadmap, packaging/HBM supply, firmware/driver maturity, and delivery timelines all have to hit.
•For OpenAI: Supplier diversification and potential cost/availability leverage. The equity kicker aligns economics if AMD’s share price benefits from the ramp OpenAI helps drive. But OpenAI only wins the equity if it meaningfully runs on AMD at scale.
•For NVIDIA: Has a viable datacenter GPU competitor.
•For the ecosystem: More GPU compute is coming. If AMD’s MI450 platform performs and ROCm/software keeps advancing, we’ll see broader model portability and pricing pressure across the stack. This does not erase NVIDIA’s installed base or near-term cadence, but it does broaden the path to capacity.

Timelines: First 1 GW arrives in 2026. Between now and then, OpenAI’s near-term growth still leans on existing supply chains. The 6-GW figure is multi-year and contingent on real deployments plus AMD hitting stock-price thresholds.

What I’m watching next:
1Concrete site/partner details (which CSP/neocloud).
2Software: specific ROCm, compilers, kernels, and end-to-end tooling for frontier models.
3Company says GPU wafer, HBM and advanced packaging capacity is secured— the gating factor for every GPU ramp.
4The vesting cadence: when purchase, technical, and price hurdles clear — especially the $600 end-state.

Bottom line: This is a breakthrough achievement for AMD. It will be a strategic supplier for the leading AI company and this will attract even more tier 1 customers. This is a compute commitment with performance-based equity attached. If AMD ships and OpenAI deploys at scale, both share the upside. If either side misses, the dilution doesn’t happen. It’s a smart way to bind supply, economics, and execution in one structure.

[Fabrizio Romano @FabrizioRomano]

🚨🟡🔴 BREAKING: Paulo Dybala STAYS at AS Roma.

The bid from Al Qadsiah has been REJECTED.

[Raphael Barberi📷 @itsrapha83]

Today marks Rome’s 2777th anniversary. Nearly 3000 years of uninterrupted history in.

So for this special occasion, here is a thread of photos I took around the Eternal City🧵

[Domenico Marcoccia @domarcoccia]

@oliverkenyon CRO

[Domenico Marcoccia @domarcoccia]

@Bonetti Every single time you get a chance. Keep them coming. Daje Roma

[Domenico Marcoccia @domarcoccia]

@Bonetti 2 consecutive European finals on a >$15M budget. Repeat this every time you are thinking about debating a man’s work.

[Domenico Marcoccia @domarcoccia]

@ASRomaEN 16 😳 DDR

[Joe Lowry @globallithium]

This simple message (#lithium is an essential element in the energy transition) has been delivered & largely ignored for the past eight years. Nothing new here just the sad reality that playing “catch up” is hard. https://t.co/i6wGCJPjXD

[B/R Football @brfootball]

José Mourinho's lock screen looks familiar 😉

[Red Cloud FS @RedCloudFS]

Brazil is quickly becoming a global player in the #lithium supply chain.

Hear about Lithium Valley Brazil from @LatinRes and @SigmaLithium at the @Nasdaq Marketsite in New York City during an exclusive #RCTV interview.

Watch here: https://t.co/6snZJIneJa

$LRS
$SGML
#Mining

[AS Roma @OfficialASRoma]

Questo viaggio non è ancora finito...💛❤️

Ecco lo Zoom di #RomaFeyenoord...🍿

#ASRoma

[Wayne Girard @WayneinRome]

There’s no place like Rome

[Domenico Marcoccia @domarcoccia]

@1aday7 Boom💥Tenure expansion timed perfectly as well $lrs

[Paolo Ziliani @ZZiliani]

Anche se a tutti la cosa che più interessa sapere è se la #Juventus manterrà il posto in serie A oppure no, se l’UEFA la escluderà dalle coppe, se perderà uno o più scudetti, un aspetto cui pochi guardano è quello delle ammende cui andrà incontro: beh, saranno enormi (1. segue)

[Domenico Marcoccia @domarcoccia]

@IFTVofficial 🇦🇺*❤️

[Elon Musk @elonmusk]

the bird is freed