CoWoS

Locator: 48341CHIPS.

Original post: August 4, 2024

Two camps:

• AI is a bubble;
• AI is not a bubble.

I'm in the second camp.

Earlier today I posted this two-liner:

• AI revolution: more evidence today that the folks who suggest "AI" is a "bubble" do not understand what's going on. One can start here. Or here.

There are many more links that I have in the queue ready to be posted but I simply have run out of time, energy, and interest. When I clean off the desk, I may post them.

But in the process of shutting down for the night, something new, at least for me, popped up: CoWoS.

Start here.  I follow Beth Kindig. 

From there, go to these three links:

• TMSC: The Chronicle of CoWoS;
• Chip-on-Wafer-on-Substrate (CoWoS);
• TrendForce, February 19, 2024;

After reading those articles, you should have one question.

Here's the answer to that one question, from Tom'sHardware of all things -- whoo-hoo -- if it's at Tom's it's credible and it's good: link here.

I think I've read almost everything there is to read about the market these past couple of days, and almost everything these is to read about Nvidia, and I'm struck by the fact that the most interesting observation was not made. 

And if after all the reading I've done, and no one, I mean no one, has made that observation, then I have no interest in posting it. 

She knows what I'm talking about And IYKYK. I know. 

And with regard to the market, I couldn't be happier. I have significantly more cash flow now than I did during my peak earning years. I have a rolling 30-year horizon when it comes to investing. I no longer invest for myself. I'm done. I now invest for my five grandchildren. At these prices I'm buying as much as I can as quickly as I can. The third month of each quarter is the best month of each quarter for cash flow -- mostly dividends. August is nice and I will pick up some shares in some nice companies, but September is what I'm really waiting for. If the Fed can just hold out until late September, LOL. My grandchildren, twenty years from now will not ask what I paid for AAPL or CAT or CVX or SRE. They will simply be thrilled with the number of shares of XOM they have and the dividend income. Last week, for every three shares of anything I was buying, I can now buy four shares. It adds up.

By the way, all that money taken out of the equity market this past week -- will it all end up in MMFs? We will see when "My Favorite Chart" is posted two months from now. 

I've already got my "buys" planned for tomorrow regardless what the market does. But it won't be any of the ones I've just mentioned. 

But enough of this. I will be adding CoWoS to my "Tech" page and my" CHIPS" page.