FAT BABY PLC.

“ Capitalism without bankruptcy is like Christianity without hell ”

[precis0x @precisox]

ANTHROPIC ACABA DE PUBLICAR UN CONTENIDO PARA MONTAR UNA EMPRESA SIN EMPLEADOS

- CEO: 1 persona.
- empleados: agentes de claude

dura 30 minutos y es gratis

Guarda esto en favoritos para que no lo pierdas.

[Sawyer Merritt @SawyerMerritt]

Tesla has just made its first big hire for its Terafab!

Tesla has hired Gary Jiang, a semiconductor manufacturing veteran of nearly 18 years at Intel, to serve as director of its Terafab chip-fab project in Austin.

Jiang lists his current role as “Director, Tera Fab” at Tesla.

More info: https://t.co/RtS5bu2UKb

[Serenity @aleabitoreddit]

Hard to see a world where US AI hyperscaler capex drops dramatically from $GOOGL to $META.

When China entities like 360 go and claim:

They now have a "AI cyber nuclear weapon" that can hack Western companies and governments.

(Zhou claimed Mythos was like an AI era cyber nuclear weapon, then claimed they built a Chinese equivalent).

We're probably witnessing the modern cold war.

But instead of nuclear stockpiles, it's racing to build superintelligence both offensively and defensively.

With many different "battles" happening concurrently like supply chain export controls between China -> Japan -> US hyperscalers.

The funny thing is that everyone still depends on one another:

- US with things like rare earths and feedstock from China.
- China with EUV to EDA and engineered substrates.

So there's still give or takes trades to build up capabilities like Nvidia/AMD AI chips access for rare-earth/magnets access.

Which is exactly why it's important for the US to build up rare earths supply chains ASAP.

And not piss off allied supply chain chokepoints like European EUV partners with $ASML to Japanese vacuum/furnace makers like Ulvac with things like tariffs, if the US wants to use it as leverage for negotiations.

But we're getting dangerously closer to a point where supply chain interdependence is not a deterrent against escalation.

Especially as China grows closer to becoming self-reliant. And that might be the tipping point.

[Furkan Gözükara @FurkanGozukara]

🚨 BOMBSHELL! Prof. Jiang Xueqin confirms Washington is secretly preparing a massive ground invasion of Iran.

He reveals 660,000 troops are staged and waiting for cooler weather!

Trump's peace deal is completely fake.

The Pentagon is just buying time for a disastrous war.

[Marco @maarcoofdezz]

CURSO COMPLETO de CLAUDE en 5 HORAS

Guarda esta página antes de que se te pase.

Crea herramientas útiles.
Automatiza tareas repetitivas.
Aprende cómo la gente diseña bots y sistemas

[Macro_Lin ｜ 市场观察员 @LinQingV]

Something most investors probably don’t know: The founder of VeriSilicon, Wayne Dai, and the co-founder of Marvell, Weili Dai, are siblings.

Marvell designs custom AI chips for Amazon (Trainium). VeriSilicon provides IP and design services to nearly every domestic GPU company in China.

Their brother Wei-Jin Dai founded Vivante, a GPU IP company that later merged into VeriSilicon. He now leads GPU IP and strategy there.

One family, on both sides of the AI chip supply chain.

[大风 @9777209]

给我的朋友们
眼睛别老盯着AI和芯片，站得再高一点，看得再远一点，关乎存亡危机的中国短板在哪里？这块短板不补上，中国早晚会被美国掐死，什么AI都没用，中国地大物博不是句空话，只要花大钱下大工夫，就能打个漂亮的翻身仗，这个领域的长线“茅台”即将启动，别问我，自己去悟！

[Open Source Intel @Osint613]

Trump on Egyptian President el-Sisi:

"He was in a hotel and I met him. We fell in love, deeply in love ... we didn't know each other before that. We had great chemistry, and I stayed twice as long as I was supposed to."

[Andrew Curran @AndrewCurran_]

https://t.co/yUVogvdruU

[外汇交易员 @fxtrader]

FT：因关系紧张，中国本月突然取消了与欧盟的两场重要外交会议，一场是有关数字议题的部长级讨论，另一场涉及欧盟对外行动署副秘书长斯库格。

欧盟委员会表示，会议“正在重新安排”。

欧盟委员会5月称，目前每日高达10亿欧元的贸易逆差是“不可持续”，并威胁要对中国商品加征新关税，并在6月发起了3项反倾销调查。

[471TO @TOzgokmen]

OIL PRICE TRAJECTORY MADE SIMPLE:

There is a lot of analysis out there, but in a typically Wall Street fuzzy cloud manner, things cannot be pinned down, also because China is completely dark and Middle East flows have changed considerably, making comparison to well-established norms impossible.

I concluded that the best metric is Cushing, due to transparent data & these flows are used to supply Europe, who lost 50% of their oil imports.

Excellent graph by @SamKovX shows that we are 1-2 weeks from operational limit for Cushing.

Next data comes in tomorrow; possibly another -1k, pushing Cushing to 21k, which may start moving the needle up from now on (or maybe not yet?).

A practical timeline for me is that once the soccer World Cup is over, we will find ourselves in the middle of an energy crisis that is impossible to solve.

This is akin to people watching an avalanche coming in, filming it, until it hits them in the face, because they have no prior experience with what happens next.

[Art Berman @aeberman12]

The global oil system has offset almost 90% of Hormuz barrels

17.5 mmb/d has been offset with bypass pipelines, reduced Chinese imports, increased US export, SPR releases & demand destruction

#Oil #Hormuz #EnergyMarkets #CrudeOil #DemandDestruction #EnergySecurity #Commodities

[Financelot @FinanceLancelot]

This is incredible, SpaceX early investors will be able to sell 20% of $SPCX shares after the Q2 earnings report on June 30th.

There's also a performance-based trigger where investors can sell an additional 10% of stock if the stock trades 30% above IPO price for 5 days after earnings June 30th.

The lockup structure also allows investors to sell in increments of 7% after 70, 90, 105, 120 and 135 days after IPO. The remainder unlocks after 180 days.

This one of the greatest wealth transfers I've ever seen from retail to early investors. No wonder they changed the rules to rush it into the indices after only 15 days (July 3rd).

When that happens, retirement funds and passive ETFs will be forced to buy SpaceX precisely when the unlocks hit and early investors are able to begin dumping their shares.

Is this the most corrupt IPO in history?

[Star@Day1Global Podcast @starzq]

AI 超级周期经济学(一)：我们现在在哪里，下个 10 年如何投资？

补一个视频版本

01:41 - 斯坦福开了什么课？Altimeter Capital 合伙人 Apoorv Agrawal 主讲的 AI 超级周期经济学，嘉宾阵容覆盖芯片、能源、模型、应用全栈

04:43 - AI 正在成为全球最大基建：AI 开支��超 6000 亿美金，仅次于美国国防预算；Anthropic 年收入连续三年 10 倍增长

09:28 - 钱在 AI 里怎么分布？云计算时代应用层拿走大头，AI 时代英伟达独占 80%——两张图看清价值捕获的翻转

18:17 - Star 自制 AI 产业 8 层全景图：从能源、制造、存储、芯片互联到算力服务、数据、模型、应用，逐层拆解代表公司与投资逻辑

35:05 - 用 1000 个研究员的比喻讲清 GPU 训练全流程：SRAM、HBM、NVLink、光模块、SSD，每一层存储为什么存在

38:26 - 你每月付给 Claude 的 $20 去了哪里？从模型公司到英伟达到台积电到 ASML，完整��润分配链拆解

42:31 - 选 AI 公司的三个维度：未来空间 × 利润获取力 × 不可或缺性；Crusoe CEO 的看多与看空建议：从第一性原理出发，警惕被 HYPE 的能源概念股

免责声明 & 风险提示：主持人与嘉宾在播客中的观点仅代表个人看法，有时可能会持有播客中讨论的某项目的头寸。此播客仅用于提供信息，不作为投资建议，Always DYOR (Do Your Own Research)

[Serenity @aleabitoreddit]

$XFAB (photonics + power semis) is an interesting long idea at $1.28B MC, that I took positions in.

Given EU CHIPS act 2 is today as the catalyst for European photonics players.

> 800 VDC power semi exposure to $NVDA push through $NVTS + $POWI

> Silicon Photonics / CPO exposure with $NVDA as evaluation stage for high volume manufacturing (optical transceivers/switches)

> The only high-volume SiC foundry in the US.

> One of the critical MEMS foundries

> ~1.29 P/B, which was around what $SOI was sitting at when I went long. Depressed valuations due to legacy drag

> ~6.5-8.5 fwd p/e 2028 personal est.

> backstopped by Government:

- EU CHIPS act, $128M Euros
- US CHIPS act $50M PMT (department of commerce).

With likely more coming (just signals critical importance to Western supply chains).

So at a certain point with all the grants, they’re just getting the capex funded by the Governments.

EU CHIPS act 2 is coming out this week, and I’m gonna go ahead and guess $XFAB might get included given they were before, and this package is specifically targeting photonics.

~$1.3B MC seems compelling to me if it can pull a Soitec reversal (low p/b, very high growth segments, auto legacy drag).

As for the $NVDA silicon photonics relationships it’s under “photonixFAB”.

Markets probably missed this silicon photonics relationship (like $TSEM when I went long) with Nvidia since XFab leads this… Just under a different name.

For power semis, XFAB is named for SiC + $NVTS. In PCN-22181, $POWI explicitly names XFAB as its foundry. 

Given its exposure to power semis and photonics as growth, low P/B, gov backstop (of course dyor, just sharing my personal thoughts)

Thought it personally seemed compelling.

[FAT BABY PLC. @user1998917]

@Malone_Wealth @grok can i please get the source of this chart

[FAT BABY PLC. @user1998917]

2025生命里最离谱的一年，2026我来啦

[FAT BABY PLC. @user1998917]

新的一天 新的不想上这b班

[FAT BABY PLC. @user1998917]

离大谱 我是谁我在哪我在干什么