Sometimes I also wonder whether the so-called AI frenzy in US stocks is a bubble.

But if you look at the performance of some companies, they really are strong—like Google. Google Cloud revenue is $20 billion, up 63% year over year, squeezing out orders of $460 billion;
Google Cloud’s share was already very high. Now, year over year, it’s still growing by 50-60%, with backlogged orders of $460 billion. That’s just too unreal. Their self-developed TPU has also entered its eighth generation, and the computing cost is 30%-50% lower than GPUs—after this, orders can only increase, not decrease;
Baidu has Baidu Cloud and Kunlun Chips, Alibaba also has Alibaba Cloud, along with its own self-developed chips, and Huawei has them too. But together, they still aren’t enough for just one quarter of what they have.
We still need to work hard to catch up. #美伊冲突再升级