Aug. 18 at 6:37 PM
$SMCI AI capex accelerating, power demand hitting records, liquid cooling becoming mandatory, copper tightening, Taiwan capacity booked, data centers consuming entire power grids, and somehow Costco is still selling the hot dog for
$1.50.
This is a textbook cross-asset infrastructure divergence.
Fair value:
$50. I don't control the macroeconomics.
$COST $SPY $NVDA $TSLA