This week Doug, Sam and Jordan discuss the OpenAI vs HuggingFace security incident and our recent article on Neocloud security ahead of ClusterMAX 3.0 Full article:…
This week Bryan, Myron and Jordan discuss our recent article on OpenAI Jalapeño. They cover the performance, architecture, programming model, implications for NVIDIA and more.1:05 Jalapeno…
PJM overpaid $12 billion across two capacity auctions, and the same modeling error is set to repeat in an upcoming emergency auction. Robert Boswall (@RobertBoswall) and Jordan Nanos (@JordanNanos)…
Dylan joins the pod today, recorded live from our SF office. Jordan and Dylan discuss SemiAnalysis's AI spend, the model that escaped during training, AI rollups eating private equity, new…
OpenAI and Anthropic are adding close to $30 billion of ARR per month, and the driver is gross margin expansion, not new compute. Jeremie Eliahou Ontiveros (@JeremieEO) and Reyk Knuhtsen…
Jeff Dean and the Gemini leads are leaving Google. Jon Y (@asianometry) makes his FIRST appearance to unpack the exodus with Doug O'Laughlin (@fabknowledge) and Jordan Nanos (@JordanNanos). The crew…
Doug is back this week!Timestamps:00:00 Market Update07:02 Comparing to Past Bubbles in Taiwan and Korea10:08 Memory Prices, LTAs, and Market Cycles18:11 Future Demand for AI and Model Usage37:40…
AI and datacenter CapEx hits $11 trillion cumulatively from 2024 to 2029, and $7.1 trillion of that needs funding, roughly 75% debt financed. Dan Nishball (@dnishball), Zane Fong…
Coding drives over 70% of lab API revenue, and token austerity policies mostly miss the point. Crystal (@crystalthegg), Max Kan (@maxkan), and Joey Brookhart (@SaasquatchC) break down why blocking…
A year ago, the big three was OpenAI, Anthropic, and Google. Things have changed.Moonshot's Kimi K3 sits above Gemini on every composite benchmark, and it's open source in 10 days.New episode: what…
SMIC's N+3 node shrank the M0 layer over 15% and cut SRAM area 10 to 20%, all without EUV. SemiAnalysis built a lab just for that; Andrew Wagner and Afzal Ahmad walk Jordan Nanos (@JordanNanos)…
Bloomberg said half of 2026 US data center capacity is delayed. The SemiAnalysis Data Center, Energy, and Industrials team pulled the underlying report and found a broken denominator. Amazon alone…
DeepSeek V4 claims a 100x KVcache reduction versus a standard MoE model, hitting 1M context length through compressed sparse attention and heavily compressed attention. Kimbo (@Kimbochen), Cam…
Unitree is going public, boasting 67% gross margins on its humanoid robots. Jordan Nanos (@JordanNanos), Reyk Knuhtsen (@robotknower), and Niko Ciminelli discuss how the Chinese company achieves this…
NVIDIA's next architecture will demand 800V DC and datacenters can't wait to build the infrastructure. Haroon Inam, CEO and Co-Founder of DG Matrix, joins Jordan Nanos (@JordanNanos), Jeremie Eliahou…
Justin Lebar (jlebar.com) recently spent $10,000 in an afternoon, uncovering critical miscompiles across NVIDIA's PTXAS, LLVM's AMD GPU, and X86 backends. He joins Jordan Nanos (@JordanNanos) to…
AWS operating margins jumped 10 percentage points while Microsoft Azure and Google Cloud stayed flat. The driver: Anthropic's Claude usage routing through Bedrock, Amazon's token-as-a-service…
Jordan Nanos (@JordanNanos), Howie, and Myron Xie break down the economics of Cerebras's IPO on the eve of their public debut, examining their OpenAI and Amazon deals that have shifted the company…
OpenAI was in serious trouble at the beginning of this year. Anthropic's Claude Opus 4.5 release had triggered a wave of developers to start using Claude Code, pushing Anthropic's revenue past…
This episode features Jordan Nanos (@JordanNanos) and Daniel Nishball (@dnishball) breaking down the economics of GPU clusters through real-world data and experience. Joined with Kang Wen Cheang and…
This week the team from ChipBook (formerly Chips & Wafers) joins. Jordan Nanos talks with Chaim Eisenberg and Simi Sherman as they explore how they build the ChipBook with open source data, and how…
Jordan Nanos (@jordannanos) Daniel Nishball (@dnishball) and Sam Harshe (@sharshe02) break down how SemiAnalysis is deploying Claude Code agents across its Singapore office at a scale that outpaces…
The Core Research team is on SemiAnalysis Weekly this week. Jordan Nanos, Nick Doyle, Nigel Chiang, and Konrad Wang walk through the biggest bottlenecks in AI infrastructure: TSMC capacity…
This week, Sravan Kundojjala (@SKundojjala) and Ivan Chiam ( from our team join Jordan (@JordanNanos) to break down the AI silicon shortage — and why its ripple effects are hitting everything from…
This episode explores the impact of AI on memory costs, market dynamics, and economic measurement. Our experts discuss how AI is transforming industries, the challenges of measuring economic value,…
Join Jordan Nanos, Doug O’Laughlin, and special guest Jeremie Eliahou Ontiveros for an in-depth analysis of the intersection between AI infrastructure and energy markets. Jeremie, Head of Datacenter…
Article (latest): https://newsletter.semianalysis.com/p... 00:00 Introduction to Vera Rubin and Extreme Co-Design 02:30 Innovations in GPU Architecture: From Blackwell to Rubin 05:38 Memory Bandwidth…
InferenceX, formerly InferenceMAX: https://inferencex.com/ Article (latest): https://newsletter.semianalysis.com/p/inferencex-v2-nvidia-blackwell-vs GitHub…
Claude Code Rising: https://semianalysis.com/institutional/claude-code-adoption-note/ and https://newsletter.semianalysis.com/p/claude-code-is-the-inflection-point CPUs are back:…
(00:43) - Rage Baiting is for Losers (27:45) - Everett Randle’s 5x Controversy (38:07) - Rage Baiting is for Losers (42:08) - Dwarkesh Patel’s Satya Interview (01:00:04) - 𝕏 Timeline Reactions…
(00:49) - Silicon Valley vs The Vatican (39:37) - Reacting to Bryan Johnson’s Trip (44:46) - 𝕏 Timeline Reactions (01:00:10) - Soren Monroe-Anderson, CEO and co-founder of Neros Technologies, a…