WEBVTT - Is the AI Bubble About to Burst?

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<v Speaker 2>by P and C Bank, a lot of people think

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<v Speaker 3>Main topic of today with tech stocks crashed, specifically chip stocks,

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<v Speaker 3>Nvidia down fifteen, SMH down tremendous amount ASML down, TSM

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<v Speaker 3>down tremendous amount, so in a in a very short

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<v Speaker 3>period of time, and there's been a lot of people

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<v Speaker 3>that have said that AI bubble wouldin at some point,

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<v Speaker 3>Mike Novegrats being one of them, saying that not artificial

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<v Speaker 3>intelligence wasn't real, but it was overpriced, overhyped, and it

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<v Speaker 3>was going to be a catalyst at some point in

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<v Speaker 3>time to kind of bring things back to the level

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<v Speaker 3>of reality.

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<v Speaker 4>So this deep.

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<v Speaker 3>Seak thing comes out and shoots to the app top

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<v Speaker 3>of the app store overnight, pretty much a Chinese app

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<v Speaker 3>company that, yeah, they said, achieved workable function at a

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<v Speaker 3>very high level, something say, even better than open Ai

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<v Speaker 3>for six million dollars, a fraction of the cost of

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<v Speaker 3>the billions of dollars that has been poured into all

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<v Speaker 3>of these companies, including open Ai, and it shakes the

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<v Speaker 3>whole industry and thinks makes people think that yeah, maybe

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<v Speaker 3>not that Nvidia is not valuable company, but maybe their

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<v Speaker 3>products are over hyped and overvalued as far as how

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<v Speaker 3>much money is being poured into the space. And then

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<v Speaker 3>for other companies that have not even done anything yet

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<v Speaker 3>but still have been able to raise a bunch of

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<v Speaker 3>money from venture capital. So all of these chip stocks

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<v Speaker 3>are down drastically. So, like I said, even if they're

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<v Speaker 3>forging the numbers a little bit or it's not, it

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<v Speaker 3>definitely speaks to some level of pestimism. That people have

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<v Speaker 3>been talking about talking about this for a while, as

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<v Speaker 3>far as the Ai bubble, for at least eighteen months.

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<v Speaker 3>So I don't think that these companies just disappear overnight.

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<v Speaker 3>But the question that everybody has is okay? Is this

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<v Speaker 3>a sign of what's to come? Is this now? This

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<v Speaker 3>is a reset and it's going to be just a

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<v Speaker 3>lot slower growth for these companies. Is it a good

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<v Speaker 3>time to buy the companies? That's the next question as well.

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<v Speaker 5>Yes, shameless plug, go toeininvest dot com. If you want

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<v Speaker 5>to know where to get into the market, where to

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<v Speaker 5>get out. I put this price in it, I think

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<v Speaker 5>two weeks ago for in video. As far as it

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<v Speaker 5>being a reset, the top two or three players in

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<v Speaker 5>the space will remain that they will be dominant.

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<v Speaker 6>But I think and I don't want.

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<v Speaker 5>To be flippant about the deep seek allegation, but I

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<v Speaker 5>want to be clear, it's almost okay if you run

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<v Speaker 5>it through their model. Can't wait for the mass of mind,

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<v Speaker 5>because I'm gonna show you some of the prompts that

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<v Speaker 5>I use for investing. The mathematical probability of being able

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<v Speaker 5>to get this compute out of six million dollars is

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<v Speaker 5>zero point zero zero zero zero one percent probability.

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<v Speaker 6>So not me.

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<v Speaker 5>That's their own tech. When I ran my model based

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<v Speaker 5>on capex of other companies, Now is their AI bubble?

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<v Speaker 5>I think there's a lot of companies that don't have

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<v Speaker 5>any real AI yet have acted like they do and

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<v Speaker 5>they're gonna fall apart.

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<v Speaker 6>So yes, but will in video be fine?

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<v Speaker 1>Yes?

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<v Speaker 6>Meta be fine, yes, Will Oracle be fine? Yes? Will

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<v Speaker 6>AMD be fine? Yes?

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<v Speaker 5>And a lot of people who kept calling for this

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<v Speaker 5>AI bubble are people who missed out on buying in

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<v Speaker 5>video the same dirty Mac and Elon did over that

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<v Speaker 5>Stargate project we got stolen from Microsoft, and he's mad

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<v Speaker 5>because he didn't get part of that spend. So in

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<v Speaker 5>order for Deep Seek to be great, let's just go

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<v Speaker 5>through some of them and say that they are better.

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<v Speaker 5>They got to be open AIH one oh one Mini, Gemini,

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<v Speaker 5>Gemini one point five, Claude, Novapro, Lama three and three

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<v Speaker 5>point three, GPT four point zero, gp T four oh Mini.

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<v Speaker 5>It's a lot of competition. So is the AI bubble

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<v Speaker 5>over hyped? I think there are too many companies who

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<v Speaker 5>attest themselves to be AI facing and they weren't in

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<v Speaker 5>And also too, it's a conversation about interest rates that

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<v Speaker 5>people are afraid of, and I think this just took

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<v Speaker 5>the leadership cycle. And for everyone who said you found

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<v Speaker 5>the next quant company, why are you afraid of deep

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<v Speaker 5>seeks quantum is superior. If you found the quant company

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<v Speaker 5>that are going to rule the next twenty years, why

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<v Speaker 5>are you asking me if you should sell off your

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<v Speaker 5>quant position because of deep seek?

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<v Speaker 6>It makes no sense.

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<v Speaker 2>I think the on this, Yeah, I think the question

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<v Speaker 2>that they can you create innovation without advanced hardware?

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<v Speaker 1>That's that's the question, right, Like is it? Is it possible?

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<v Speaker 2>And so when we're talking about advanced hardware, you're talking

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<v Speaker 2>about the nvidios, you're talking about the broad coms, you're

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<v Speaker 2>talking about the AMDs, you're talking about the micro Like

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<v Speaker 2>that's advanced hardware now? Is in video over hyped? I

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<v Speaker 2>can't use the word overhype because they're still going to

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<v Speaker 2>be necessary. Even for deep Seat. If you look at

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<v Speaker 2>how it's built, it still needs the GPUs. Does it

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<v Speaker 2>need many GPUs is the real question. But you're still

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<v Speaker 2>gonna need them. And so that that's the first thing,

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<v Speaker 2>And then it's is this a war to who's first?

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<v Speaker 1>Right?

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<v Speaker 6>Absolutely?

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<v Speaker 2>So, like if China is saying like, hey, we have

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<v Speaker 2>this company and we can do it for this efficiency,

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<v Speaker 2>then when you try to use it today, why can't

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<v Speaker 2>we use it?

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<v Speaker 1>If it's a global thing?

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<v Speaker 6>Right?

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<v Speaker 1>So, like that.

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<v Speaker 2>There's that part of it, and then it talks about

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<v Speaker 2>efficiency from our standpoint, like I said, think about the

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<v Speaker 2>amount of money that has been allocated. Last week we

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<v Speaker 2>talked about five hundred billion that was for AI expansion,

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<v Speaker 2>data centers and everything adjacent to it.

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<v Speaker 1>Energy.

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<v Speaker 2>We saw a VISTA go down today, We saw a

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<v Speaker 2>vr T move down today, we saw GeV move down today.

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<v Speaker 2>All these are energy components, broadcom connectivity average, all these

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<v Speaker 2>things pulled down because of.

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<v Speaker 1>This quote unquote efficiency. The other thing is this man

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<v Speaker 1>people want new buying points.

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<v Speaker 2>All right, like the market has to falsil people can

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<v Speaker 2>buy in absolutely. If deep Seat was created in December

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<v Speaker 2>of twenty twenty three, if it was disufficient, Is it

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<v Speaker 2>coincidental that it is? This announcement is happening after all

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<v Speaker 2>those everybody's said that they're going to have their cap backs,

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<v Speaker 2>and it's the same week of these max seven earnings.

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<v Speaker 2>Metas reporting this week, Apple's reporting this week, Microsoft reporting

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<v Speaker 2>this week, and two weeks in video B reporting, big

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<v Speaker 2>companies reporting with their numbers and what they've been spending.

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<v Speaker 1>Coincidental? I don't know so.

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<v Speaker 5>And the real conversation is were they able to get

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<v Speaker 5>some of those GPS in China that they were not

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<v Speaker 5>supposed to get in for their infrastructure.

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<v Speaker 6>Now that's the conversation that needs to be had.

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<v Speaker 1>Oh during the.

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<v Speaker 3>Band, Well, the thing about it is that you never

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<v Speaker 3>buy stocks at all time highs facts, so that stocks

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<v Speaker 3>always pulled back for one reason or another. Yeah, but

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<v Speaker 3>there's a difference between a pullback and a reset because

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<v Speaker 3>a reset you can actually just reset the whole landscape

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<v Speaker 3>and it can change potentially forever, as opposed to a

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<v Speaker 3>pull back, which would just pull back for the second

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<v Speaker 3>then just go back to things as normal. So we'll

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<v Speaker 3>think the question is will things be as normal or

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<v Speaker 3>will it be a reset in the space. Like I said,

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<v Speaker 3>I don't think anybody isn't thinking video is not going

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<v Speaker 3>to be here anymore? But will it be a reset

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<v Speaker 3>in the space where chip stocks will not be leading

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<v Speaker 3>like they were.

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<v Speaker 6>And in the cycle of America?

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<v Speaker 5>What could replace it? That's a great question. But what

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<v Speaker 5>will replace it? I think in videos here to stay MD,

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<v Speaker 5>I think it's going to have a monastery or but

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<v Speaker 5>what when people talk sector rotation and some people were

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<v Speaker 5>bank is doing better, I'm like, you're not going to

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<v Speaker 5>go by bank of a I mean, shot to Brian

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<v Speaker 5>one hand, an amazing person. You're buy a Bank of

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<v Speaker 5>America over AMD. Like AMD is neck and neck with

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<v Speaker 5>Apple in terms of returns over the last five years.

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<v Speaker 5>It's not talked about because of what sector they are,

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<v Speaker 5>So would that be a reset I've been really big

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<v Speaker 5>on I don't think the energy companies are going to

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<v Speaker 5>do what they did last year. So in video will

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<v Speaker 5>do well, MDA do well, Metal will do as a result,

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<v Speaker 5>Tesla will do well. They have a lot of compute

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<v Speaker 5>over there as well. But everyone just slapping AI on

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<v Speaker 5>their stock to make the value go up.

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<v Speaker 6>Yet it's over with.

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<v Speaker 2>I'm on the record saying I believe energy will do well.

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<v Speaker 1>Will it have fifty sixty games?

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<v Speaker 6>We know I can call that.

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<v Speaker 1>Will it do well? Yeah?

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<v Speaker 2>From the standpoint of what we're talking about efficiency, how

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<v Speaker 2>do we make energy more efficient if we know that

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<v Speaker 2>it's going to cost us this amount to have this

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<v Speaker 2>type of compute, and not just in the GPU space,

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<v Speaker 2>but if you're even talking about in the crypto space

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<v Speaker 2>as well, Like that's still requires energy to run at

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<v Speaker 2>its highest and most efficient capacity. So like, even like

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<v Speaker 2>I said, like when I talked about this data center,

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<v Speaker 2>revolution like they originally with house too and they were

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<v Speaker 2>mining bitcoin right when you saw how much energy it took.

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<v Speaker 2>We have to create more efficient ways to have connectivity, uh,

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<v Speaker 2>to have coolant, all that is inside of it now

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<v Speaker 2>obviously with AI being at the forefront. Yeah, it's a

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<v Speaker 2>dual purpose in a sense where like, hey, we need

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<v Speaker 2>it for this too. So I still think energy is

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<v Speaker 2>going to be a story this year.

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<v Speaker 3>So okay, so let's let's speak even a little bit

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<v Speaker 3>clearer for the people. What stocks do you think would

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<v Speaker 3>be a.

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<v Speaker 6>Good boss and video meta?

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<v Speaker 4>All right, listen, lest let's listen, right, let's go a

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<v Speaker 4>little deep.

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<v Speaker 6>Amd.

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<v Speaker 3>I'm you know, I'm I'm an advocate for the for

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<v Speaker 3>the for the people, and I know I know what

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<v Speaker 3>the people will say. So what's the stocks that are

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<v Speaker 3>not in the mag seven? Look, Troy, because you've championed

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<v Speaker 3>a lot of these other the companies. So these companies

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<v Speaker 3>that are not in the mag seven are you? Are

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<v Speaker 3>you still confident about these companies? Are you starting to

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<v Speaker 3>feel a little bit nervous?

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<v Speaker 1>No, I'm still confident.

0:12:15.600 --> 0:12:17.440
<v Speaker 3>All right, Which which of these companies would you be

0:12:17.640 --> 0:12:22.400
<v Speaker 3>enthusiastic about now? Tomorrow morning? Bying because all of them

0:12:22.400 --> 0:12:23.199
<v Speaker 3>are down like we.

0:12:23.200 --> 0:12:25.000
<v Speaker 1>Got I'm still in TSM. That's not a max.

0:12:25.600 --> 0:12:27.880
<v Speaker 4>I'm talking about the VSTs.

0:12:28.080 --> 0:12:29.080
<v Speaker 1>What you said, max seven?

0:12:29.760 --> 0:12:32.680
<v Speaker 4>Okay, the lower the lower ran.

0:12:32.640 --> 0:12:35.280
<v Speaker 1>The v yeah, I actually you Yeah.

0:12:35.559 --> 0:12:38.360
<v Speaker 2>So I went shopping even a right like so when

0:12:38.640 --> 0:12:40.640
<v Speaker 2>and again it's one of these mindset things, right we

0:12:40.640 --> 0:12:42.480
<v Speaker 2>see a pull back like that. I woke up, I

0:12:42.480 --> 0:12:44.640
<v Speaker 2>saw Nastak was down in angel punts. I'm like, all right,

0:12:46.160 --> 0:12:48.880
<v Speaker 2>we already have some some money in reserves. Now let's

0:12:48.880 --> 0:12:50.760
<v Speaker 2>see if we can get some of these price points

0:12:50.760 --> 0:12:52.760
<v Speaker 2>that we were saying prior to. And so when I

0:12:52.800 --> 0:12:55.360
<v Speaker 2>saw VST get down to a number, I was like, oh,

0:12:55.440 --> 0:12:57.280
<v Speaker 2>it had ran up to one ninety nine last week.

0:12:57.280 --> 0:12:59.880
<v Speaker 1>I'm like, damn, it might have outran me. I saw

0:13:00.080 --> 0:13:01.920
<v Speaker 1>go back down to one. I'm like, all right, well,

0:13:01.960 --> 0:13:03.480
<v Speaker 1>it's back in the range where I wanted to get

0:13:03.480 --> 0:13:04.440
<v Speaker 1>it at. So I went shopping.

0:13:04.600 --> 0:13:07.000
<v Speaker 2>I did grab some VSD because again, I still think

0:13:07.120 --> 0:13:09.480
<v Speaker 2>energy is going to be a story. We spoke about

0:13:09.480 --> 0:13:14.760
<v Speaker 2>this on the Thursday call about a company that I

0:13:14.760 --> 0:13:17.240
<v Speaker 2>mean we if we if we look at his chart

0:13:17.280 --> 0:13:19.720
<v Speaker 2>over the past six months, uh, and we look about

0:13:19.720 --> 0:13:20.480
<v Speaker 2>the story in AI.

0:13:23.080 --> 0:13:24.400
<v Speaker 1>It pulled back to a pointment.

0:13:24.480 --> 0:13:27.440
<v Speaker 2>I'm like, all right, down at one ten, let me

0:13:27.559 --> 0:13:29.240
<v Speaker 2>let me go grab some let me go grab some

0:13:29.360 --> 0:13:32.680
<v Speaker 2>some contracts down there. And that is a h Aresta

0:13:32.920 --> 0:13:37.480
<v Speaker 2>networks an e t uh. And so I think the

0:13:37.559 --> 0:13:41.120
<v Speaker 2>story stays the same for at least twenty twenty five

0:13:41.160 --> 0:13:44.400
<v Speaker 2>for sure. But again when we when we do these contracts,

0:13:44.440 --> 0:13:47.480
<v Speaker 2>I'm going you know, out a lot further with maximum

0:13:47.520 --> 0:13:50.120
<v Speaker 2>potential growth, right, and so.

0:13:49.480 --> 0:13:51.559
<v Speaker 4>So you're still confident on your companies.

0:13:51.240 --> 0:13:53.200
<v Speaker 2>I'm still in all I actually went shopping today. I'm

0:13:53.240 --> 0:13:55.320
<v Speaker 2>be honest with you. I went shopping, and what'd you buy?

0:13:56.360 --> 0:13:59.400
<v Speaker 2>I'll show you you want to see it. So I bought,

0:13:59.520 --> 0:14:02.000
<v Speaker 2>I bought more. I bought VST because it got to

0:14:02.040 --> 0:14:06.200
<v Speaker 2>a point. I bought VRT right again energy as well,

0:14:06.280 --> 0:14:08.440
<v Speaker 2>and talking about cooling for the data centers. So I'm

0:14:08.480 --> 0:14:12.360
<v Speaker 2>still in the data center revolution. I got more contracts

0:14:12.400 --> 0:14:16.040
<v Speaker 2>on TSM because that's pulled back. I already had the

0:14:16.080 --> 0:14:18.280
<v Speaker 2>one oh five that I exercised, and I talked about

0:14:18.320 --> 0:14:18.760
<v Speaker 2>that on the.

0:14:18.679 --> 0:14:20.240
<v Speaker 1>Class I had a one eighty.

0:14:20.400 --> 0:14:22.720
<v Speaker 2>We went down and got some more down at the

0:14:22.720 --> 0:14:26.200
<v Speaker 2>one ninety five range, and I got one more.

0:14:26.560 --> 0:14:28.080
<v Speaker 1>I don't even know if it got filled, I'll chat,

0:14:28.160 --> 0:14:28.680
<v Speaker 1>I'll feel you in.

0:14:29.040 --> 0:14:30.640
<v Speaker 2>And when I opened up my brokers, but I definitely

0:14:30.640 --> 0:14:32.640
<v Speaker 2>got those three for sure, and then I had one

0:14:32.680 --> 0:14:33.400
<v Speaker 2>that was just pending.

0:14:34.280 --> 0:14:36.320
<v Speaker 6>And now I'll play Devil's advocate to my own position.

0:14:37.440 --> 0:14:41.240
<v Speaker 5>The threat the Deep Seak does pose is open source.

0:14:42.000 --> 0:14:46.840
<v Speaker 5>But what happens when Trump knocks on somebody's door, maybe Elon's,

0:14:46.840 --> 0:14:50.120
<v Speaker 5>and say, hey, make grock Ai open source so we

0:14:50.200 --> 0:14:53.040
<v Speaker 5>don't have to deal with this threat in China than

0:14:53.160 --> 0:14:54.320
<v Speaker 5>what Deep seek.

0:14:57.600 --> 0:14:59.960
<v Speaker 6>You're screwed. I'll wait to the second hour.

0:15:00.520 --> 0:15:02.160
<v Speaker 5>Thank you to the families in their parents to watch

0:15:02.240 --> 0:15:05.080
<v Speaker 5>the kids, love you you.

0:15:05.480 --> 0:15:07.600
<v Speaker 1>My fourth one was Palo Alto. I bought more.

0:15:07.760 --> 0:15:10.000
<v Speaker 4>But they do have an advantage of education.

0:15:10.520 --> 0:15:14.400
<v Speaker 6>They have smart people a thousand percent, and they have.

0:15:14.400 --> 0:15:18.200
<v Speaker 3>A unified government. They have they have a lot of it.

0:15:18.280 --> 0:15:24.800
<v Speaker 3>So you can't just count You're right, can't count them out.

0:15:25.000 --> 0:15:30.800
<v Speaker 2>No, I'm not counting it out because it's either a

0:15:30.840 --> 0:15:34.600
<v Speaker 2>couple of things are gonna happen, right, Like either American

0:15:34.640 --> 0:15:37.680
<v Speaker 2>company is gonna say, hey, they're onto something and we've

0:15:37.680 --> 0:15:40.640
<v Speaker 2>got this wrong and they have to cut back spending, right,

0:15:40.720 --> 0:15:43.080
<v Speaker 2>But then that spending is going where Right, These are

0:15:43.120 --> 0:15:45.240
<v Speaker 2>the cappex numbers already for twenty twenty five, So this

0:15:45.320 --> 0:15:49.160
<v Speaker 2>money is already been allocated out right by the time

0:15:49.200 --> 0:15:52.040
<v Speaker 2>we see it, It's already been spent, right. So like

0:15:52.120 --> 0:15:56.000
<v Speaker 2>when in video reports, my meta has already spent the

0:15:56.000 --> 0:15:58.560
<v Speaker 2>money with them, right, Like Microsoft has already spent the

0:15:58.560 --> 0:16:00.000
<v Speaker 2>money with them by the time we see the report.

0:16:00.720 --> 0:16:02.360
<v Speaker 2>So what does that look like for twenty twenty six?

0:16:02.400 --> 0:16:03.920
<v Speaker 2>We gotta we gotta really mind to this.

0:16:05.040 --> 0:16:07.520
<v Speaker 5>We'll see and you know who didn't have all these

0:16:07.600 --> 0:16:13.800
<v Speaker 5>capex in Ai Manzana. My favorite investment move is when

0:16:13.800 --> 0:16:16.440
<v Speaker 5>people get to picture me things that I'll need. Let

0:16:16.480 --> 0:16:18.320
<v Speaker 5>me wait three months to six months to see if

0:16:18.360 --> 0:16:22.280
<v Speaker 5>I still want it. Apple is on fire today as

0:16:22.320 --> 0:16:25.280
<v Speaker 5>a result, and the thing is too, And I keep

0:16:25.280 --> 0:16:29.200
<v Speaker 5>strussing this. It's not the sexy media answer. A lot

0:16:29.240 --> 0:16:31.840
<v Speaker 5>of you needs to stop chasing the next new thing

0:16:31.960 --> 0:16:35.120
<v Speaker 5>week to week. I just thought, y'all loved Quantum and

0:16:35.160 --> 0:16:36.880
<v Speaker 5>that bullshit collection of stocks.

0:16:37.160 --> 0:16:37.760
<v Speaker 6>Storry to the.

0:16:37.720 --> 0:16:42.000
<v Speaker 1>Parent, Sorry to the parent, like yo, what do we like?

0:16:42.720 --> 0:16:42.920
<v Speaker 6>Yeah?

0:16:42.920 --> 0:16:45.080
<v Speaker 2>But even Apple pulled back right, like this is what

0:16:45.120 --> 0:16:47.080
<v Speaker 2>I'm saying, Like we saw Apple run up to two

0:16:47.200 --> 0:16:49.920
<v Speaker 2>fifty three. We spoke about it, like what's the innovation?

0:16:50.840 --> 0:16:52.960
<v Speaker 2>It pulls back down to two twenty five, and people

0:16:52.960 --> 0:16:55.840
<v Speaker 2>are like, well, I don't know. Yeah, I don't know,

0:16:56.240 --> 0:16:57.960
<v Speaker 2>but I mean it's a big week for Apple the

0:16:57.960 --> 0:17:02.520
<v Speaker 2>long term. Yeah, obviously long term vision. You're looking at

0:17:02.560 --> 0:17:05.720
<v Speaker 2>this as a great opportunity for a bypoint, but this

0:17:06.280 --> 0:17:08.399
<v Speaker 2>is a big week for Apple. We'll see what happens.

0:17:08.600 --> 0:17:09.440
<v Speaker 6>I agree with your point.

0:17:09.480 --> 0:17:12.199
<v Speaker 5>The only thing in the SWAT analysis that we have

0:17:12.280 --> 0:17:17.840
<v Speaker 5>to remember is that their own leadership are keeping They

0:17:17.880 --> 0:17:20.440
<v Speaker 5>have some amazing companies that are publicly traded, and they've

0:17:20.520 --> 0:17:23.240
<v Speaker 5>kept them quiet the last three years.

0:17:23.600 --> 0:17:25.280
<v Speaker 6>I don't think they're gonna let this from flourish.

0:17:25.600 --> 0:17:29.280
<v Speaker 7>An illegal alien from Guatemala charged with raping a child

0:17:29.280 --> 0:17:33.080
<v Speaker 7>in Massachusetts. An MS thirteen gang member from Al Salvador

0:17:33.320 --> 0:17:37.480
<v Speaker 7>accused of murdering a Texas. Man of Venezuelan charged with

0:17:37.520 --> 0:17:41.439
<v Speaker 7>filming and selling child pornography in Michigan. These are just

0:17:41.520 --> 0:17:45.240
<v Speaker 7>some of the heinous migrant criminals caught because of President

0:17:45.320 --> 0:17:48.919
<v Speaker 7>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:17:48.920 --> 0:17:53.720
<v Speaker 7>Secretary of Homeland Security under President Trump, attempted illegal border

0:17:53.760 --> 0:17:57.280
<v Speaker 7>crossings are at the lowest levels ever recorded, and over

0:17:57.359 --> 0:18:00.560
<v Speaker 7>one hundred thousand illegal aliens have been arrested. If you

0:18:00.640 --> 0:18:04.520
<v Speaker 7>are here illegally, your next you will be fine nearly

0:18:04.600 --> 0:18:08.600
<v Speaker 7>one thousand dollars a day, imprisoned, and deported. You will

0:18:08.640 --> 0:18:12.280
<v Speaker 7>never return. But if you register using our CBP home

0:18:12.320 --> 0:18:15.720
<v Speaker 7>app and leave now, you could be allowed to return legally.

0:18:16.080 --> 0:18:20.800
<v Speaker 7>Do what's right, leave now. Under President Trump, America's laws,

0:18:21.000 --> 0:18:23.440
<v Speaker 7>border and families will be protected.

0:18:23.520 --> 0:18:25.639
<v Speaker 6>Sponsored by the United States Department of Homeland Security,