Somehow I'm down on AMD after holding it for years, I think chips are overvalued future commodities at this point... though I think ARM will grow share in the datacenter
Been sitting on some SMR and OKLO since energy is the real bottleneck
Also picked up some CENX for all the aluminum shit we're going to need domestically
Not familiar, at a glance it seems like cloud services arbitrage... not sure if there's a moat or anything
At least MSFT and GOOG have massive datacenter moats for cloud, with energy contracts and all that... I do have some of both because of GOOG ventures exposure to SpaceX and MSFT with the nuclear exposure and underwater datacenter ventures
The also both have distribution and massive data warehouses for that AI to run on, data is the new oil and all that
CoreWeave, a cloud computing company specializing in AI infrastructure, is preparing for its initial public offering (IPO) in 2025. The company has filed its Form S-1 with the Securities and Exchange Commission (SEC) in March 2025, aiming to list on Nasdaq under the ticker symbol "CRWV."
In a significant development ahead of its IPO, CoreWeave secured a five-year, $11.9 billion cloud computing contract with OpenAI. As part of this agreement, OpenAI will invest $350 million in CoreWeave shares during the IPO through a private placement.
For the fiscal year 2024, CoreWeave reported revenues of $1.9 billion, marking substantial growth from previous years. However, the company also reported a net loss of $863.4 million during the same period.
The problem with the big firms is they aren’t pureplays. They could do great with AI initiatives but if they don’t hit their overall rev growth etc metrics they could trade sideways or down.
Interestingly enough some of the BTC miners offer exposure to one of the supply constraints for AI boom - power and infrastructure
Another way to get exposure would be power / utility companies servicing AI data centers or even the manufacturing / construction companies building them out.
iSTOXX AI Global Artificial Intelligence Large 100 Index
https://stoxx.com/index/ixagal1p
Xtrackers Artificial Intelligence & Big Data
https://www.justetf.com/en/etf-profile.html?isin=IE00BGV5VN51#holdings
Thanks
Jermey on YouTube been buying AMD by the truckload for AI exposure. Most of the LLM models are still private companies I think
Thanks
Somehow I'm down on AMD after holding it for years, I think chips are overvalued future commodities at this point... though I think ARM will grow share in the datacenter
Been sitting on some SMR and OKLO since energy is the real bottleneck
Also picked up some CENX for all the aluminum shit we're going to need domestically
And obviouslty TSLA...
Thanks
what about core weave IPO?
update: by energy you mean nuclear, I like it
Not familiar, at a glance it seems like cloud services arbitrage... not sure if there's a moat or anything
At least MSFT and GOOG have massive datacenter moats for cloud, with energy contracts and all that... I do have some of both because of GOOG ventures exposure to SpaceX and MSFT with the nuclear exposure and underwater datacenter ventures
The also both have distribution and massive data warehouses for that AI to run on, data is the new oil and all that
I asked chatGPT...
CoreWeave, a cloud computing company specializing in AI infrastructure, is preparing for its initial public offering (IPO) in 2025. The company has filed its Form S-1 with the Securities and Exchange Commission (SEC) in March 2025, aiming to list on Nasdaq under the ticker symbol "CRWV."
In a significant development ahead of its IPO, CoreWeave secured a five-year, $11.9 billion cloud computing contract with OpenAI. As part of this agreement, OpenAI will invest $350 million in CoreWeave shares during the IPO through a private placement.
For the fiscal year 2024, CoreWeave reported revenues of $1.9 billion, marking substantial growth from previous years. However, the company also reported a net loss of $863.4 million during the same period.
lol I checked with Grok: https://grok.com/share/bGVnYWN5_3104cccc-fbcc-43f9-aba8-1bc515cc1147
Not seeing anything that tickles my fancy but might be a nice trade if you can catch the knife after lock-up
Nebius (NBIS) is a similar company to coreweave for a pubco reference
https://group.nebius.com/
Thanks for the info
Just about all the big tech firms: google, facebook, microsoft
The problem with the big firms is they aren’t pureplays. They could do great with AI initiatives but if they don’t hit their overall rev growth etc metrics they could trade sideways or down.
Interestingly enough some of the BTC miners offer exposure to one of the supply constraints for AI boom - power and infrastructure
Another way to get exposure would be power / utility companies servicing AI data centers or even the manufacturing / construction companies building them out.
I'ld go with Palantir, Quantumm, Salesforce and Oracle
Data center ETFs and nuclear stocks are part of my portfolio allocation expressing a bullish view on demand for AI infrastructure.