- 12, Aug - ($) P(Grand Bargain) = 55%
- 05, Aug - From DeepSeek-R1 to gpt-oss
- 29, Jul - ($) H20 and the Broken Export Control Debate
- 23, Jul - Five Interesting Things about the White House AI Action Plan
- 20, Jul - Q2 2025 Update: Equanimity Investing
- 12, Jul - ($) Lip-Bu Tan: the Tiger Dad Intel Needs
- 04, Jul - A New Father's Reflections on the American Dream
- 25, Jun - China's Structural Advantage in Open Source AI
- 15, Jun - ($) Oracle Cloud: the Largest "Chinese Cloud" in America?
- 08, Jun - Contours of a US-China Tech Grand Bargain
- 02, Jun - ($) Two Charts That Matter in Mary Meeker’s AI Deck
- 25, May - “Overachievement”: Xiaomi's Decade-Long Chip Development Journey
- 21, May - ($) Is 2025 the Year of the AI RIF?
- 18, May - The Middle East Swings to American AI
- 04, May - ($) Q1 2025: Trust the Process, Trust the Temperament
- 01, May - Benchmark Invests in Manus: VC Math vs Geopolitics Math
- 22, Apr - ($) Huawei's Global AI Ambition: The Core Depends on The Soul
- 15, Apr - NVIDIA: Made in America (by Taiwan)
- 06, Apr - ($) This Time is NOT like Covid
- 25, Mar - CoreWeave vs Nebius
- 21, Mar - An Ordinary Analogy to Understand Pre-Training, Test-Time Compute, Inference
- 11, Mar - ($) Manus vs Gemini vs GPT: the Junior Stock Analyst
- 04, Mar - Has American Soft Power Peaked?
- 25, Feb - ($) Alibaba Cloud: No Longer Ignored
- 17, Feb - Nebius Part 2: Cash, Optionalities, Challenges
- 17, Feb - Nebius Part 1: the Smooth (Developer) Operator
- 07, Feb - ($) DeepSeek Diffusion
- 02, Feb - 2024 Annual Letter: Generational Company, Generational Wealth
- 22, Jan - ($) Stargate is America’s Sovereign AI
- 12, Jan - Was Zuck Right about Chinese AI Models?
- 03, Jan - ($) DeepSeek's Three Idiosyncratic Advantages
- 22, Dec - ($) 2025: Year of (Software) Picks and Shovels
- 17, Dec - ($) Why is China Investigating Nvidia: Blackwell
- 11, Dec - Self Re-Introduction – 2024 Edition
- 05, Dec - Robin Zeng: CATL’s Prodigious Gambler
- 18, Nov - What Does Hitting Scaling Law Limit Mean for US-China AI Competition
- 12, Nov - See the World Accurately
- 02, Nov - Q3 2024: Clock Starts Anew
- 23, Oct - Time to Let Ant IPO!
- 14, Oct - ($) The US-China AI Gap Widens in 2026
- 09, Oct - TikTok and Semiconductors -- Contributions for the Asia Society
- 02, Oct - Is China Investable Now?
- 18, Sep - GitLab, GitHub, the AI Model Divide
- 12, Sep - ($) Apple vs Huawei: Boomer vs Startup
- 05, Sep - NVIDIA's Antitrust Probe is a "Pick One from Two" Problem
- 30, Aug - Nashville and the 45 Second Commute
- 25, Aug - ($) Alibaba (Finally) Gets Its Retail Fanbase
- 16, Aug - 3x3 AI Video Matchup: US vs China
- 09, Aug - When Volatility is High, Berkshire Calms Me Down
- 01, Aug - H1 2024 Performance Letter: Arrogant Humility
- 24, Jul - ($) Llama 3.1 and Its Geopolitical Implications
- 22, Jul - WSJ, Odd Lots Podcast, Third Plenum on GenAI
- 15, Jul - Swing Vote of Global AI Competition: the Middle East
- 03, Jul - ($) OpenAI Bans China
- 28, Jun - When Two “Presidents” Debate
- 21, Jun - ($) Software is Why Nvidia Will Not Become Cisco
- 14, Jun - Software Is Not Dead
- 30, May - ($) China Cloud Price War
- 23, May - Huawei Cloud and “AI in the Box”
- 09, May - ($) Greg Abel Will Power AI
- 01, May - Q1 2024: Inner Scorecard
- 24, Apr - ($) TSMC: Where and How Will It Raise Prices
- 12, Apr - Is Tesla China’s “Catfish”?
- 17, Mar - ($) Do We Need Sovereign AI?
- 13, Mar - When the Houthis Found “the Cloud"
- 08, Mar - ($) Tracking Global AI Talent Flow
- 27, Feb - Japan's Semiconductor Red Carpet
- 14, Feb - ($) China’s Provincial GDPs: Pessimism or Sandbagging
- 08, Feb - Wang Chuanfu: A Name Everyone in the West Should Know
- 04, Feb - ($) 10-K's and Geopolitics: AMD, Intel, Meta Edition
- 28, Jan - U.S. Export Control is Hurting Nvidia and Helping Huawei
- 25, Jan - ($) AI May Have A Gross Margin and Bullshit Revenue Problem
- 19, Jan - TSMC Hedges Against a CHIPS Act Fail
- 12, Jan - ($) Less is More: 2023 Annual Letter
- 03, Jan - 🤷Does China Want Generative AI?
- 19, Dec - 😍 My 6 Favorite Posts of 2023
- 13, Dec - ($) Top 5 US-China Tech Stories of 2023
- 10, Dec - 🍁November Review: Micro Plus Macro and the Roblox Story
- 05, Dec - ($) AI Spending Against the Price of Time
- 01, Dec - Nvidia’s China Business is Important to US Geopolitical Positioning
- 28, Nov - ($) re:Inventing AWS: Keynote Digs and Narratives
- 17, Nov - Alibaba's Reorg Hot Mess
- 15, Nov - ($) The Age of Not Obvious: China in September 2023
- 12, Nov - China May Stay Permanently Behind the US in Generative AI
- 05, Nov - ($) AI Executive Order: Likes and Dislikes
- 29, Oct - How to Understand Google's Gemini Delay
- 22, Oct - 📣Announcing Interconnected 2.0
- 20, Oct - ($) Second Order Effects of the Expanded US AI Chips Ban
- 18, Oct - ($) Q3 2023 Letter: Sideways Market Continues with More War
- 13, Oct - 🏛️Washington is Using China to Destroy Open Source
- 05, Oct - 💸Q3 2023 Performance Update
- 02, Oct - 🔋Is Ford’s Pause on CATL Plant Really About China?
- 27, Sep - 🏦AI Is Turning Clouds Into Banks
- 04, Sep - 🇺🇲Are Labor Unions Raining on America's Parade?
- 30, Aug - 5️⃣ China's Future Through the Wubi Lens
- 14, Aug - 🔊Capital Allocators China - Generative AI Panel
- 10, Aug - 🟡 Generative AI Heading For (Short Term) Disappointment
- 03, Aug - ☁️Llama 2 is China Cloud's Best Friend
- 29, Jul - 🤑H1/Q2 2023 Performance Update (and A Poll)
- 26, Jul - 🤖EU, China, US: Three Different Attitudes Toward AI Regulation