We know inference is going to be the biggest market in the world. Whoever produces the most tokens is going to be the most valuable company in the world.

Meta won't fail if MTIA fails. Microsoft won't fail if Maya fails. And OpenAI won't fail if Jalapeño fails. Ultimately, this is our product. It is like completely unsurprising that the best chip in the world is built by a company that only builds that chip. It's NVIDIA.

One of the things that matters a ton is power availability and time to power. And the problem is the more power you want, the more shortage there is.

You look at the tech, and the tech is the best in the world. But for me, the real value is all in the service. The TSMC customer service is way, way better than I have seen at any other company in any other industry.

It is a matter of time. It's like asking, will you see a billion-dollar fab, or $10 billion fab, or $100 billion fab? It is inevitable that the economies of scale don't stop