Locator: 49776ARCHIVES.
January 1, 2025: As I've said before, I would love to have Christmas Day and New ear's Day fall on Thursday every year. Yesterday was really relaxing, today will be even more so. Then tomorrow we get the pleasure of tip-toeing back into the swing of things, before the weekend. Finally, Monday, we may be ready to start the new year. Sophia has until next Wednesday to get back to school. Whoo-hoo!
Nothing to do but wait for the college football games today.
NFL: biggest story in last 24 hours -- Netflix set a new record on Christmas Day with 25.7 million viewers for its livestream of the Minnesota Vikings - Detroit Lions matchup, making it the most-streatmed NFL game in history -- Variety via Evan. Thank you.
Flu: I'll post the links and graphics later but for now, the CDC is reporting that "seasonal fue" is now surging. Apparently Texas has been hard hit but we haven't noticed a thing. Yet.
Nvidia: making so much money; generating so much cash flow, can't spend it all; "... getting creative as options to use its cash flood narrow..." -- The WSJ, link here.
For the record: the S&P 500 gained 16 percent this past year (2025). AI helped a lot, but dependence on artificial intelligence remains a risk for 2026. Now, who would say that? Yup, The New York Times. Link here.
Investing: that's about all I'm following on the x-files now --
- Export licenses: apparently all the "routine" export licenses for China have been renewed;
- Tariffs: Trump pulling back, fast and furious;
- Beth: noted how prices will change with reapproval of exports of Nvidia's H200 GPU to China; the upcoming ramp of Google's TPU v7; and, Amazon's Trainiume. Link here.
- Beth: it's no bubble. Link here. xAI has bought a third building in Memphis to expand its AI training capacity to nearly 2GW, with the company aiming to sale its Colossus cluster to at least one million GPUs. An observation and a comment:
- 2GW seems to be the AI standard now; anything less is ho-hum; has to trend toward 5GW before it gets a headline;
- I wonder where xAI is getting its million GPUs?
- Beth: margins. Soaring memory prices. The big three (Samsung, SK Hynix and Micron) will easily see gross margins from 63 - 67%, above TSMC's 60% guide. Link here.
- Beth: Citi estimates that Broadcom's custom AI accelerator revenue will double again to $100 billioin in 2027, with Google contributing half at $50.1 billion, along with $20.2 billion in revenue from its deal with OpenAI. Link here.
- Broadcom's custom AI accelerator revenue is projected to be as high as $50.5 billion in fiscal 2026, up 3.5x from 2025, with Google accounting for roughly half of that total at $25.8 billion, followed by Anthropic at $20.9 billion.
Refunds: the IRS generally starts accepting and processing returns in late January, and typically begins sending out most refunds within 21 days of acceptance.
