Elon Musk announced TeraFab, a $25 billion joint chip fabrication
venture between Tesla, SpaceX, and xAI targeting two-nanometer process
technology. Ram Ahluwalia calls the entire thing bullshit.
TSM has invested hundreds of billions to build chip fabs. Tesla
generates $3-6 billion in free cash flow. The math doesn’t work without
massive dilution. Jensen Huang himself has said data centers in space
don’t make sense.
Meanwhile Chris Perkins argues that AI layoffs across crypto and tech
are a “beautiful excuse” for companies that need to restructure. Ram
counters that net engineers are actually being hired, and the companies
cutting the most are spending the most on Nvidia GPUs.
This clip is from a longer conversation on Iran, the Fed, and AI. Full
episode here:
https://www.youtube.com/live/8Pr-oa4N0Bo?si=WWmYw2LcxkOS9DAV
Follow @bitsandbips
