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Synth
the largest companies all weaving their fates together, highest index concentration ever (?), and implied corr near~ lows of the past two decades
extremely uninteresting to call ai a bubble. but these things happening while concentration grows + ppl put on dispersion trades suppressing index vol... feels like market structure gets ever more fragile
Dec 3, 00:04
Amazon is rolling out its new Trainium 3 “UltraServers” to customers, with racks that pack up to 144 in-house chips and more than 4x the compute of the prior Trainium generation at similar or better energy efficiency.
$AMZN is pitching them as a more cost-effective alternative to $NVDA GPUs and custom $GOOGL silicon for training larger AI models faster and serving more users at lower cost.
$MRVL
Source: Bloomberg
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