WEBVTT - AMD & OpenAI Partnership BREAKDOWN Stock Frenzy & Tech Moats

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<v Speaker 1>This episode is brought to you by P and C Bank.

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<v Speaker 2>Okay, let's get into the big story of today, which

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<v Speaker 2>is amd So amd uh one up twenty seven percent

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<v Speaker 2>on the morning, fueled by news that open AI partnership

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<v Speaker 2>twenty five percent and did that.

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<v Speaker 3>It shot up thirty five percent temper.

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<v Speaker 4>Cent state.

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<v Speaker 2>And yeah, that that led to a frenzy in the

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<v Speaker 2>stock market. Anybody that had amd options obviously, you know,

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<v Speaker 2>look at their portfolio. Our text on Dave Shance today

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<v Speaker 2>was going, he was like, Dann, that's crazy because Obviously,

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<v Speaker 2>if you watch market Moneys, you see that Dave Shan's

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<v Speaker 2>invested in the AMD options a few months ago. So

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<v Speaker 2>I know that's something that you. We posted it actually

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<v Speaker 2>on Instagram. That was one of your stock picks, Troy

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<v Speaker 2>at the beginning of the year or last year.

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<v Speaker 4>He thought AMD and so yeah, talk about am D.

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<v Speaker 1>Yeah, it kind of in the clip was encompassed where

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<v Speaker 1>we were talking about in video being obviously the leader

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<v Speaker 1>of the space when it comes to GPUs and who

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<v Speaker 1>that number two player was going to be, and sometimes

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<v Speaker 1>in business is okay to be number two. And it

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<v Speaker 1>was for this reason when we think about in video,

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<v Speaker 1>every time we talk about it, we're talking about another

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<v Speaker 1>Max seven company that is acquiring ships. Because of the

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<v Speaker 1>price point, it kind of alienate some of the audience.

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<v Speaker 1>And so when Meta buys millions of chips for its

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<v Speaker 1>data centers, when Amazon is buying, when Microsoft is buying

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<v Speaker 1>obviously through open ai, you're talking about millions and millions.

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<v Speaker 3>I think one.

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<v Speaker 1>Of the key pieces of what was said from the

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<v Speaker 1>president of open Ai, he said, this is so core

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<v Speaker 1>to our mission. If we really want to be able

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<v Speaker 1>to scale to reach all of humanity, this is what

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<v Speaker 1>we have to do in regards to the partnership.

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<v Speaker 3>And so when he says.

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<v Speaker 1>All of humanity, he's no longer talking about just corporate

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<v Speaker 1>accounts and big Max seven companies. He's saying, we need

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<v Speaker 1>to have enough GPUs to make sure that everyone on

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<v Speaker 1>the planet can use our service. Now, if you just

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<v Speaker 1>look at the cap table, how much that would cost,

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<v Speaker 1>and we'll break down how this is a circular economy.

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<v Speaker 3>This is really a circular economy.

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<v Speaker 1>Can we use the real word later, we can use

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<v Speaker 1>the word circular economy.

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<v Speaker 3>That's exactly what this is. That's exactly what this is.

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<v Speaker 1>This is, Hey, we have infrastructure, right Oracle, we have

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<v Speaker 1>connectivity bro com, we have capital from in video and

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<v Speaker 1>video and the more we make and the more demand,

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<v Speaker 1>all those things will start working together. Now, we need

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<v Speaker 1>to make sure that we have enough bandwidth. We need

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<v Speaker 1>to have enough hardware so that everyone can use it.

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<v Speaker 1>So I think the order they have like over eight

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<v Speaker 1>hundred million users now for Chat, Yeah, you're approaching a

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<v Speaker 1>billion mark. That's only going to increase with the amount

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<v Speaker 1>of people that are actually becoming more familiar with it.

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<v Speaker 1>And we talk about we use it every day. There

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<v Speaker 1>are still people who don't have the app downloaded. That's

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<v Speaker 1>going through change in the next two to three years,

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<v Speaker 1>so the demand's going to be even higher. So they

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<v Speaker 1>need to have more GPUs at a price point that

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<v Speaker 1>can be sustainable for their growth, which is why the

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<v Speaker 1>ten percent stake inside of AMD, the number two player,

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<v Speaker 1>makes a lot of sense for them. But what they

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<v Speaker 1>actually did wasn't a warrant, so you're not familiar with

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<v Speaker 1>what a warrant is. It's like an option in a sense, right,

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<v Speaker 1>like they have the right, not the obligation, to buy

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<v Speaker 1>or own the shares of AMD at a certain price point.

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<v Speaker 1>They didn't disclose it yet, but that's what this is.

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<v Speaker 1>It makes perfect sense. So in Vidio as a partner,

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<v Speaker 1>AMD is now under their ownership ten percent.

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<v Speaker 3>State. This is just going to keep going in a cycle.

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<v Speaker 1>This is why you gotta follow and track the money

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<v Speaker 1>because it'll lead you right to it.

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<v Speaker 3>Everything's pretty evident.

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<v Speaker 5>Yeah, I know we've been talking a lot about circular

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<v Speaker 5>investments in circular deals, but I want to frame it,

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<v Speaker 5>try don't worry as an indestructible technological mode.

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<v Speaker 3>So AMD has been a picking.

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<v Speaker 5>Stock club for six years, and Vidia took the helm

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<v Speaker 5>open AI like don't you love when the babies get

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<v Speaker 5>along and just bring the technological and financial vibe to you.

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<v Speaker 5>This partnerships ensures the safety of that sector being AI

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<v Speaker 5>and the safety of open ai as they start to

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<v Speaker 5>become public.

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<v Speaker 3>And Vidia, of course took a different route.

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<v Speaker 5>They paid open Ai amb issue a warrant so that

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<v Speaker 5>way you're covered on both ends.

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<v Speaker 3>That's even a hedge in itself.

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<v Speaker 5>And then, like you said, with Oracle being in that infrastructure,

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<v Speaker 5>it sets them up to be the leader not only

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<v Speaker 5>in AI, but potentially in quantum having all those assets

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<v Speaker 5>in line.

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<v Speaker 3>The thing that I do look like about open ai.

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<v Speaker 5>It reminds me when he said that, it reminds me

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<v Speaker 5>of Bill Gates. I want a PC in every home

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<v Speaker 5>in the world. I think open ai has a very

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<v Speaker 5>good chance to touch or have a touch point to

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<v Speaker 5>every user on Earth. And they did an amazing job

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<v Speaker 5>with the rollout of sore as well, so on every front, enterprise, eventually, government, consumer,

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<v Speaker 5>they're doing incredibly well.

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<v Speaker 3>Job. Well done to AMD and it helps at least

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<v Speaker 3>and Jensen, our cousins.

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<v Speaker 5>You can't leave your cousin out of your favorite cousins

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<v Speaker 5>out out of the deal structure so.

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<v Speaker 3>This is to me.

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<v Speaker 5>Our technological mote that will not be destructed anytime soon.

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<v Speaker 3>Yeah. And we had.

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<v Speaker 1>Again an interesting call or class the other week when

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<v Speaker 1>we talked about energy and open as is going to

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<v Speaker 1>deploy six gigawattes of AMD's GPU six, Like we're talking

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<v Speaker 1>about that's the size that could power like Los Angeles

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<v Speaker 1>as much as energy is gonna need. I'm gonna I

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<v Speaker 1>want to break this down because I wrote it. I

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<v Speaker 1>was like, I gotta explain this, but I got to

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<v Speaker 1>write it down to So here's how this we called

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<v Speaker 1>this circular.

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<v Speaker 3>Economy in this mote. We'll say moright, We'll say right, yeah,

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<v Speaker 3>say so in.

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<v Speaker 1>Video last week AI Open AI announced that partnership with

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<v Speaker 1>the VIGION and it was big news.

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<v Speaker 3>We saw it was one hundred billion dollars. So in

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<v Speaker 3>video and we broke that down.

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<v Speaker 1>If they helped build those data centers, right, which one

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<v Speaker 1>gigawate data center could us up to fifty billion to

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<v Speaker 1>get online twenty five million to thirty five twenty five

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<v Speaker 1>billion to thirty billion of that is going to go

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<v Speaker 1>just to the GPUs obviously through the infrastructure. So Nvidia

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<v Speaker 1>is helping provide hardware and they're providing capital film to

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<v Speaker 1>get that infrastructure up. AMD now comes on, right, they're

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<v Speaker 1>providing hardware. Right, So we've got hardware with video hardware

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<v Speaker 1>with AMD. And then you got broad coom stepping in

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<v Speaker 1>as a supplier for interconnected systems. Right, we talked about

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<v Speaker 1>that's the role that they play, and they're huge in that.

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<v Speaker 1>Obviously they have GPUs as well, but inconnected systems is

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<v Speaker 1>what they'll do. And then you got Oracle with Stargate

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<v Speaker 1>that's going to provide data center operations and cloud lease.

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<v Speaker 3>And don't forget about the cloud.

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<v Speaker 1>Right when we talked about those servers, we talked about AWS,

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<v Speaker 1>we talked about Google, we talked about a Zora with Microsoft.

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<v Speaker 1>Oracle's going to provide that. So here's how this works.

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<v Speaker 1>The better open AI does, the more it consumes infrastructure,

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<v Speaker 1>the more infrastructure is built, the more demand can scale,

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<v Speaker 1>the more hardware capacity, the more advanced A becomes, creating

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<v Speaker 1>more demand.

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<v Speaker 3>In turn, circular.

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<v Speaker 5>Circular is the word also, but on another lesson, this

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<v Speaker 5>is how generation and wealth look tent should work. I

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<v Speaker 5>invest in your own business, you invest into mine long

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<v Speaker 5>term partnership. Let's build a mote that cannot be advanced

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<v Speaker 5>or encroached upon and make sure we protect each other

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<v Speaker 5>at all costs.

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<v Speaker 3>Like that aspect of it.

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<v Speaker 5>With Jensen and Lisa being family, Sam coming into the

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<v Speaker 5>tech family. Larry Ellison, if you know about his lineage

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<v Speaker 5>and how he's helping this son. This is a master

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<v Speaker 5>class in how to do long term partnerships and a

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<v Speaker 5>great onboarding for open AI. For one, the market potentially

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<v Speaker 5>tanks in twenty seven and twenty eight for them to

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<v Speaker 5>come on board and probably be Opening are.

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<v Speaker 3>The greatest startup in American history.

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<v Speaker 1>It's crazy you said that, because I was just going

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<v Speaker 1>to say that it has now passed SpaceX to have

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<v Speaker 1>the largest valuation of any private company in history history.

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<v Speaker 3>This rollout is this.

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<v Speaker 5>I haven't seen nothing as good since they rolled out

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<v Speaker 5>fifty Mouth soundtrack.

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<v Speaker 3>This is better. This is amazing, yo.

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<v Speaker 1>The interesting thing is when they did the video call

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<v Speaker 1>the video announcement last week, a part of the interview,

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<v Speaker 1>Sam Aldman is saying that, hey, we still have a

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<v Speaker 1>bunch of announcements still to come this year. That was

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<v Speaker 1>just last week last Friday, the evaluation came out of

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<v Speaker 1>five hundred. Now that you add this tempent Steak in

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<v Speaker 1>AMD we're going way past five hundred billion now, so

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<v Speaker 1>at this point I'm thinking this he's in the running

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<v Speaker 1>for maybe like Person of the Year at this point

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<v Speaker 1>with the.

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<v Speaker 3>Amount of deals that he's done.

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<v Speaker 5>For sure, and the hard wad hadn't even dropped yet.

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<v Speaker 3>It's pretty remarkable. Yeah, it's absolutely incredible.

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<v Speaker 4>For sure.

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<v Speaker 2>We also we got some insight on AMD earlier too

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<v Speaker 2>in it before last year from a friend of ours.

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<v Speaker 4>Too, so perhaps it's.

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<v Speaker 2>Good that well we said it on Market Mondays said

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<v Speaker 2>it's helpful to you know, know what's coming down the pipeline.

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<v Speaker 3>But that's part of it, is doing the research too.

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<v Speaker 1>So even when when a friend of us said it

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<v Speaker 1>it was for me, it was felt like, oh, it's

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<v Speaker 1>confident research, that it.

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<v Speaker 3>Was done right, like we're on the right path.

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<v Speaker 1>Even now, I still get text from people in the

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<v Speaker 1>AI space like yo, bro, you're spot on, Like you're

0:10:34.120 --> 0:10:37.000
<v Speaker 1>spot on. So now it's even more conviction when we

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<v Speaker 1>talk to the audience here, because not only are we

0:10:39.840 --> 0:10:41.800
<v Speaker 1>saying it like that's why I said market Mondays, and

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<v Speaker 1>I'm not just saying because we're I'm here.

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<v Speaker 3>It has to be one.

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<v Speaker 1>Of the greatest shows for investment ever ever, because the

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<v Speaker 1>people that are watching it in these spaces are confirming

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<v Speaker 1>it and saying you know what. In fact, just what

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<v Speaker 1>you're saying is right. Here's some other things to look.

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<v Speaker 5>For, yep, and banking, crypto, all sides of tech being

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<v Speaker 5>at the video. But yeah, three year price AMD three

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<v Speaker 5>sixty six seventy nine and three year price four in

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<v Speaker 5>video three oh five forty four.

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<v Speaker 4>Yeah. Sure, and shout out to Dave Chance two once again.

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<v Speaker 3>Lunch on you that.

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<v Speaker 2>So man, You guys Eyo University. The options class choice

0:11:29.800 --> 0:11:33.040
<v Speaker 2>options class vitally important if you in Uya University. Take

0:11:33.040 --> 0:11:36.880
<v Speaker 2>advantage of that because those options have been going crazy. Obviously,

0:11:36.880 --> 0:11:38.760
<v Speaker 2>if you see the marketers at all time, Aldy know

0:11:38.800 --> 0:11:40.800
<v Speaker 2>that the options are going.

0:11:40.760 --> 0:11:41.040
<v Speaker 3>To be.

0:11:42.480 --> 0:11:43.920
<v Speaker 4>Pretty well positioned.

0:11:44.080 --> 0:11:46.840
<v Speaker 2>So yeah, a lot of those options are going crazy

0:11:46.840 --> 0:11:49.240
<v Speaker 2>over the last couple of months.

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<v Speaker 3>Sure we show a Micron hit two hundred today. I

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<v Speaker 3>mean it's been a hell over year, man, it's been

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<v Speaker 3>over Yeah, Ernest, what's up? Look?

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<v Speaker 1>This episode is brought to you by Square Banking. One

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<v Speaker 1>of the things we love mostly seeing neighborhood businesses level up.

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<v Speaker 1>This is West Indian spir Writing, our community that started

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<v Speaker 1>with a small takeout counter. Now with Square they've been

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<v Speaker 1>able to expand into a full sit down restaurant and

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<v Speaker 1>even started catering events across the city. That's the kind

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<v Speaker 1>of growth that inspires us, and it's powered by Square.

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<v Speaker 1>Square is built for all types of businesses, from the

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<v Speaker 1>corner bagel shop that turned into a local chain, to

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<v Speaker 1>the specialty market with thousands of unique items, to the

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<v Speaker 1>stylists who's been holding you down for years. With Square banking,

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<v Speaker 1>growth gets easier. You've got more control over your cash flow,

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<v Speaker 1>access to capital right in the same system you're already

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<v Speaker 1>using to run your business, and with a free Square

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<v Speaker 1>Savings account, you can automatically set aside a portion of

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<v Speaker 1>your sales for upgrades, taxes, and those slow seasons, setting

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<v Speaker 1>yourself up for long term success and when it's time

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<v Speaker 1>for the next big move. Square makes it simple to

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<v Speaker 1>get approved with a Square loan based on your their

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<v Speaker 1>actual business performance. No long ways, just quick access to capital.

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<v Speaker 1>In fact, eighty eight percent of businesses with Square loans

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<v Speaker 1>report growth. So go to Square dot com, slash go,

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<v Speaker 1>slash e y l to learn more about how your

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<v Speaker 1>business can grow with Square. That's s q U a

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<v Speaker 1>r E dot com Slash g O slash e y

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<v Speaker 1>L Block Inc. Is not a bank. Banking services provided

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<v Speaker 1>by Square Financial Services Inc. And Cutting Bank Members. F

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<v Speaker 1>d I C loans are subject to credit approval