py g

受苦比解决问题更轻松，不幸福比幸福更容易

[py g @pyg1430816]

以他的资金体量和持有时间来拿，没有必要这样做

[沙漠骆驼🐪 @DesertCamelX]

非常好奇，巴菲特到底卖没卖谷歌？

伯克希尔曾以约350美元参与谷歌百亿美元融资，如今股价跌到280美元附近！

现在最想知道的是：这轮暴跌，股神究竟是提前跑路了，还是继续硬扛？

[py g @pyg1430816]

交易时间修改了

[py g @pyg1430816]

@NickSchmidt AI定是未来长期发展的机会，现在远远没有到说泡沫的时候，keep going

[py g @pyg1430816]

@puoovn 这个分成有多少啊？能告诉我吗？

[py g @pyg1430816]

@Mr3195628745 我来凑人头

[py g @pyg1430816]

@puoovn 话说这个东西怎么办才能够快速积累粉丝呢？多发作品吗？

[py g @pyg1430816]

@Sc310T 市场反应过度了，可能是因为利率高敏感的。真的罪不至此吧。

[py g @pyg1430816]

@puoovn 👌🏻

[py g @pyg1430816]

Why are $MU (Micron) and $SNDK (SanDisk) struggling despite strong earnings and guidance?

Let's look back at the AI investment cycle.

First, GPUs were in short supply, and $NVDA soared. Then HBM and memory capacity became the bottleneck, fueling a massive rally in memory stocks.

But now, the bottleneck may be shifting from technology and production capacity to CAPITAL.

Google Cloud revenue surged 103% YoY, yet Alphabet expects to spend $195–205 billion on CapEx in 2026, while Q3 free cash flow turned negative at -$9.1 billion.

The market used to ask: "Do we have enough chips?"

Now it's asking: "Do we have enough money?"

I believe the next phase of the AI investment cycle comes down to two critical questions:

1. Where will the money come from?

As hyperscalers' free cash flow becomes insufficient to cover massive capital expenditures, can bond markets, banks, and institutional investors continue financing AI infrastructure? And at what cost?

2. How will the money ultimately be earned back?

Can AI companies like Anthropic and OpenAI generate sustainable profits through token usage, APIs, and enterprise services? Will that revenue eventually justify the billions spent on GPUs, memory, and data centers?

If AI financing and monetization can form a sustainable economic cycle, today's depressed AI hardware valuations may finally have a solid foundation for recovery.

[py g @pyg1430816]

@caishen_huang 结束不了，因为确实好用

[py g @pyg1430816]

@JensenHuang @ChaseLochmiller @OpenAI 牛逼

[py g @pyg1430816]

@_FORAB 韩国本土券商不是下调过一次吗，为什么不用下调的那部分来比较，就是故意压价格

[py g @pyg1430816]

@JensenHuang @nvidia cww