Too Hot Investment Thread

Att. 6.6%

 

Isnt Cerebras private?

They partnered with TSMC to build worlds fastest chip which I think they have exclusive rights to market.

Cerebras Systems Unveils World’s Fastest AI Chip with Whopping 4 Trillion Transistors - Cerebras

March 13, 2024 – Cerebras Systems, the pioneer in accelerating generative AI, has doubled down on its existing world record of fastest AI chip with the introduction of the Wafer Scale Engine 3. The WSE-3 delivers twice the performance of the previous record-holder, the Cerebras WSE-2, at the same power draw and for the same price. Purpose built for training the industry’s largest AI models, the 5nm-based, 4 trillion transistor WSE-3 powers the Cerebras CS-3 AI supercomputer, delivering 125 petaflops of peak AI performance through 900,000 AI optimized compute cores

 

True, for short term cash I would check out your broker’s money market funds. The Schwab value advantage money fund SWVXX is currently yielding about 5.2%.

 

Read a report on brilliant 30 something woman from Stanford that teamed with one of original designers at Nvidia to form AI company and they chose AMD for their chips. Getting same performance using chips that cost 10% of Nvidia. Put a chunk into AMD as they seem to be positioned to be the primary alternative to Nvidia and the software they are building is open source. Still holding my Nvidia though. Only 2 years in, wish I woukd have put the whole account in.

 

https://www.cnbc.com/2023/12/06/met...mds-new-ai-chip-as-alternative-to-nvidia.html

 

Yep. Have some of that and held it even as the price cratered. I shouldn’t do that.

 

yeah, ATT has been a POS. I guess that's why it's yield has gone up. I have not bought an ind stock in at least a decade, but I recall a shipping company stock that had a P/E of 3. Seemed like a screaming deal. I looked at it's Income statement & most of its income was from gains created by selling off it's ships. I'll take the S&P 500 yield.

 

I loaded up on T and VZ when their yields hit 8%…

Lost my VZ a couple months ago when I sold covered calls at 40.5…

Right now I have 100 covered calls I sold on T a week or so ago with an 18 strike. Actually hope to keep the shares and do it again in a few weeks. Right now it looks like I will keep the shares…

If anyone wants a high yield REIT…I have continued to buy OXLC since 2019. They had one dividend cut during Covid and were smashed during Covid. But the current yield is 18.82% and I love it where it is at. I do wait for it to go under 5 to buy now as I have so much I have to create a point to keep me from buying more daily lol…

 

Over about 35 years of investing I have bought maybe one or two individual stocks and the amounts were generally immaterial. Always funds, etfs, etc and last 5-10 years mostly index funds/etfs.

 

Well, you may have made a bunch of money, but you missed out on getting to be an asshole at a cocktail party bragging about their big gain on a hot stock.*

* while averaging 1/2 of the SP500's gain.

 

Great to finally see some action in this thread

 

if true, good news for the environment and China, bad news for Nvidia and those trying to keep china out of AI.

Tsinghua University’s Taichi Chip Surpasses Nvidia H100 in Energy Efficiency by Leaps and Bounds (msn.com)
Researchers at Tsinghua University in China have developed a revolutionary new artificial intelligence (AI) chip that uses light instead of electricity to process data. Dubbed “Taichi,” this chip is a game-changer, reportedly surpassing the energy efficiency of Nvidia’s high-performance H100 GPU by over a thousand times. For the tech-savvy and environmentally conscious, such a leap in efficiency could signal a paradigm shift in AI computational processes.

The energy-intensive nature of AI computing has posed a significant challenge, prompting a global race to find more efficient solutions. The Taichi chip does not disappoint, as it “paves the way for large-scale photonic computing and advanced tasks, further exploiting the flexibility and potential of photonics for modern AGI (Artificial General Intelligence),” according to the research team at Tsinghua. With AI’s carbon footprint under increasing scrutiny, Taichi’s breakthrough offers a glimpse of a more sustainable and potentially transformative future for AI development.

Taichi’s architecture is a testament to innovative engineering, where “the computing resources were distributed into multiple independent clusters, which were organized separately for subtasks.” This departure from conventional stacking methods to a distributed computing approach allows Taichi to handle complex AI tasks such as “1,000-category–level classification” with remarkable efficiency and accuracy.

 

and microsoft with a major breakthrough on quantum computing and this breakthrough is expected to be in application in months, not years.

Microsoft, Quantinuum claim breakthrough in quantum computing | Reuters

But the fundamental unit of quantum computers - called a "qubit" - is fast but finicky, producing data errors if the quantum computer is even slightly disturbed. To solve that problem, quantum researchers often build more physical qubits than needed and use error-correction techniques to yield a smaller number of reliable and useful qubits. Microsoft and Quantinuum said they had made a breakthrough in that field. Microsoft applied an error-correction algorithm that it wrote to Quantinuum's physical qubits, yielding about four reliable qubits from 30 physical ones.

Jason Zander, Microsoft's executive vice president for strategic missions and technologies, said the company believes that is the best ratio of reliable qubits from a quantum chip that has ever been shown.
"We ran more than 14,000 individual experiments without a single error. That's up to 800 times better than anything on record," Zander told Reuters in an interview.
Microsoft said it plans to release the technology to its cloud computing customers in the coming months.

 

another photovoltaic chip. the rate of scientific advances lately is staggering. the next 5 - 10 years is going to be an energy, computing, medical, and materials revolution. we might finally be able to get 11 on the ST field

Big breakthrough: World’s 1st programmable photonic chip developed (msn.com)

Funded by the European Research Council, the researchers at UPV and iPRONICS have built a revolutionary chip that allows on-demand programming and interconnects the wireless and photonic segments seamlessly. The approach removes bottlenecks that can thus be generated and improves the capacity and bandwidth of the chip.“It is the first chip in the world with these characteristics,” said José Capmany, a professor of optical communications at UPV. “It can implement the twelve basic functionalities required by these systems and can be programmed on demand, thus increasing the efficiency of the circuit.”

In a press release, the team said that it has developed an interface chip, a converter that goes behind the antenna, as tiny and compact as possible while it supports frequency bands that are currently used and those that will used in the future.

iPronics has integrated this chip into one of its products, the Smartlight processor, which Vodafone is currently testing.

“For us, the development of this chip is a crucial step because it has allowed the validation of our developments applied to a growing problem, the efficient management of data flows in data centers and networks for artificial intelligence computing systems,” said Daniel Pérez-López, co-founder and CTO of iPronics in the press release. “Our next goal is to scale the chip to meet the needs of this market segment.”

 

So I posed this question in another thread. Is anyone planning on making changes to their investment mix based on the outcome of the election?

 

imo mkt timing is a bad strategy. That said I might lower my equity %. Slightly. Just in prep for post-election anarchy\ maga civil war. but no major adjustments. the mkt has been surprisingly resilient, considering the angst going into this election. btw, supposedly the mkt will hate 20% tariffs.

 

Surprisingly, Wall Street doesn’t seem to care who gets elected. So far, at least.

There’s one fly in this ointment of market serenity: Mr. Trump’s tariff proposals. A radical departure from decades of bipartisan American policy, they threaten to raise prices for consumers, stoke inflation, and slow growth. Both sides of the political divide warn that tariffs could even spark a trade war with dire and unpredictable effects.

“This is a prescription for the mother of all stagflations,” Larry Summers, Treasury secretary during the Clinton administration, told Bloomberg TV back in June.

Mr. Trump’s “tariff agenda is an anti-growth wild card that poses considerable economic risk in a second term,” The Wall Street Journal’s editorial board intoned two weeks ago.

 

I met with the CEO of Hut 8 on a subject unrelated to their stock this week. Their financials are extremely complicated to analyze (and that is really all I do).

I love the play on driving both the energy and data center needs behind the compute command for AI.

Worth a small allocation of anyone’s diversified portfolio.

https://finance.yahoo.com/quote/HUT/

 

My wife asked me today if I thought the markets would react to the election. I said I don’t think they’ll be much movement regardless whose elected.

I thought back to 1992 and some people thought a Clinton election would drive up interest rates and drive down stock prices. Didn’t happen far as I can remember.

What are y’all‘s thoughts?

 

I’m trying to make a move on some real estate.
It’s been slow and everybody keeps saying wait until after the election.
Nobody seems to indicate who wins matters.