Give Peace A Chance

Another AI Reacharound? Marvell Shares Rip On Chips-For-Warrants Deal With Google The circular financing circus rolls on... Marvell shares are soaring this morning after fabless chip designer announced an expanded chip-development partnership with Google that includes a warrant from Marvell allowing the search giant to buy as much as $12.2 billion in shares. The two firms will collaborate on custom AI chips. "The expanded partnership spans a comprehensive range of custom silicon programs that attach to the TPU ecosystem, including AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory...

Commodity Supercycle: The Enemy Of The Bull Thesis Authored by Lance Roberts via RealInvestmentAdvice.com, The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away from dollar dominance. As is often the case, the narrative is extremely compelling. However, it’s also internally contradictory in ways that most investors aren’t stopping to examine. After three decades of managing money,...

The Lines We Thought Machines Wouldn't Cross Authored by George Ford Smith via The Mises Institute, In 2000, the world braced for Y2K. It came with a date and a remedy. There was panic about doomsday but as I and other programmers stretched the year field from two to four characters, apart from scattered hiccups, the lights stayed on. Everything about Y2K was known - the problem, the solution, and the deadline. Q-Day is something else entirely. Q-Day is shorthand for the moment when quantum computing crosses a line we assumed would hold—when...