Archive

Where Does the Money Go?

Jun 19, 2026

Where Does the Money Go?

Capital allocation in 2026: buybacks, megadeals, and the Fed's next move.

Everyone built their own chip. Nvidia still made $75 billion.

Jun 12, 2026

Everyone built their own chip. Nvidia still made $75 billion.

Custom silicon is margin defense on inference. Nvidia still owns the training crown.

Build it, or rent it.

Jun 5, 2026

Build it, or rent it.

AI is now a capital decision, not a product choice.