Not Investment Advice 237: OpenAI’s $1T In Chip Deals, Crypto Sell Off & The Battle For Rare Earths
Oct 15, 2025
The discussion kicks off with OpenAI's staggering $1T chip deals and its central role in the AI chip market. They dive into the crypto sell-off, unraveling the impact of a political tweet and whale trades on volatility. The conversation shifts to China's dominance in rare earths, exploring its refining monopoly and the geopolitical implications of supply chain tensions. Additionally, the hosts reflect on the evolving narratives surrounding Bitcoin and energy, emphasizing the long-term perspectives investors should maintain. It's a fast-paced exploration of technology and markets!
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Taking Mom To Europe
- Trung took his mother to Europe for the first time, visiting Paris and the UK.
- He emphasized carving out time to travel with parents and appreciating their sacrifices.
OpenAI As The Market Linchpin
- OpenAI sits at the center of the current AI infrastructure boom and is driving massive chip and data-center commitments.
- Its consumer reach lets partners borrow future revenue confidence to fund trillions in buildout today.
Chips And Energy Are The Real Bottlenecks
- Chip supply and energy are the real gating constraints for AI scale, not just models.
- Even older GPUs retain value for inference, but access to power and cutting-edge chips limit deployment.