Amazon's Home-Grown Chips -- Additionally, AWS Unveiled Apple As One Of Its Newest Chip Customers -- December 3, 2024

Locator: 44496AWS.

Could this be the most interesting investing ....  

Link here.

Link here.

Tag: Apple, AAPL Supercomputer

Link here.

From the linked article:

Amazon’s cloud computing arm Amazon Web Services Tuesday announced plans for an “Ultracluster,” a massive AI supercomputer made up of hundreds of thousands of its homegrown Trainium chips, as well as a new server, the latest efforts by its AI chip design lab based in Austin, Texas.

The chip cluster will be used by the AI startup Anthropic, in which the retail and cloud-computing giant recently invested an additional $4 billion. The cluster, called Project Rainier, will be located in the U.S. When ready in 2025, it will be one of the largest in the world for training AI models, according to Dave Brown, Amazon Web Services’ vice president of compute and networking services.

Amazon Web Services also announced a new server called Ultraserver, made up of 64 of its own interconnected chips, at its annual re:Invent conference in Las Vegas Tuesday.

Additionally, AWS on Tuesday unveiled Apple as one of its newest chip customers.

Combined, Tuesday’s announcements underscore AWS’s commitment to Trainium, the in-house-designed silicon the company is positioning as a viable alternative to the graphics processing units, or GPUs, sold by chip giant Nvidia.

Is this why AAPL "surged" today -- well, at least "surged" a little today.

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Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  
• If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
• Longer version here.

Intel -- The Verge -- December 3, 2024

Locator: 44495INTEL.

Link here.

What happened? Link to The Verge, December 3, 2024.

Tag: amazing story Paul Otellini Moore Gelsinger Andy Grove

On Monday, Intel CEO Pat Gelsinger abruptly decided to retire after less than four years on the job. That was the official story, anyhow. Within hours, Reuters, Bloomberg, and The New York Times had a different one: the board of directors pushed him out.

Three and a half years ago, Gelsinger announced an ambitious plan to turn around the troubled chipmaker within four years — now, he’s reportedly been kicked out of the company before he could see it through. It happened so abruptly that Intel doesn’t have a planned successor in mind, and so completely that Gelsinger won’t even stick around as an adviser. He’s gone.

Intel has been in a tailspin for years. It missed the smartphone revolution, has been plagued by quality control issues with its chips, lost customers like Apple to alternative processors, and now is at risk of missing out on AI, too.

The summer Intel fell behind, link here. 

And going down that rabbit hole eventually takes one to a most interesting story at The Guardian, link here, from 2013!!!

Which then takes one to the interview at The Atlantic! Link here.

Fascinating, fascinating, fascinating.

WTI Jumps On Iranian Sanctions; OPEC Delay -- December 3, 2024

Locator: 44494B.

Tricare regional changes, link here.

Global warming:

Iran's energy shortage, link here:

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Back to the Bakken

WTI: jumps 2.7% today; up $1.84; trading at $69.94. On news that sanctions are hurting Iran, perhaps more than previously reported?

From Rigzone:

WTI: $69.96.

Active rigs: 36.

Five new permits, #41387 - #41391, inclusive:

• Operators: Hess (3); Grayson Mill, Petro-Hunt
• Fields: Ellsworth (McKenzie); Alger (Mountrail); East Tioga (Mountrail)
• Comments:
• Petro-Hunt has a permit for Jensen well SWSE 28-158-94, 
• to be sited 216 FSL and 1321 FEL;
• Grayson Mill (Devon) has a permit for a Clifford Bakke well, NENW 26-155-92; 
• to be sited 386 FNL and 1849 FWL;
• Hess has permits for two BW Barbar Ann wells and one BW Sharen Lynor well, NWNE 20-149-100; 
• to be sited 470 FNL and at the following distances FEL: 2636, 2603, and 2537.

Two permits renewed:

• Formentera Operations, two FLX4 wells, Burke County.

Five producing wells (DUCs) reported as completed:

• 40489, 669, Oasis, Lee S 5201 21-8 3B, McKenzie County;
• 40494, 820, Oasis, Lee S 5201 21-5 6B, McKenzie County;
• 40499, 667, Oasis, Lee S 5201 21-8 2B, McKenzie County;
• 40500, 690, Oasis, Lee S 5201 21-8 4B, McKenzie County;
• 40501, 762, Oasis, Lee S 5201 21-8 5B, McKenzie County;

Change of operator: about 30 wells from Kaiser-Francis Company to Morningstar Operating; all in Stark County.

Apple (AAPL) Today -- December 3, 2024

Locator: 44493AAPL.

See disclaimer.

From October 18, 2024, link here:

Apple: "the Judge" has it exactly right. A lot of folks have been burned fighting the Apple story. Most notable: Carter Worth and Dan Nathan on "Fast Money," CNBC.  

Today: second day in a row, 52-week high --

And, on "Fast Money" today, Nathan is bashing Apple again. LOL.

Amazon Update -- Anthropic -- December 3, 2024

Locator: 44492AMAZON.

Tag: Anthropic AI compute cluster

Link to The Verge. 

**********************************
Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  
• If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
• Longer version here.