Hardware Podcasts

Ep 142: AMD Financial Analyst Day, Neoclouds earnings - REITS or Neoclouds?

The Circuit · 18 Nov 2025 · 45m · Episode 144

What this episode covers

Ben Bajarin and Jay Goldberg analyze AMD's Financial Analyst Day, discussing CEO Lisa Su's conservative roadmap, the $100 billion revenue projection, and the competitive landscape against NVIDIA, including the potential for AMD to become a backup plan for hyperscalers like Amazon. The hosts then debate the recent earnings of 'neocloud' providers like CoreWeave, Nebius, and White Fiber, questioning whether these companies are true cloud operators or merely REITs serving hyperscaler tenants. They explore game theory scenarios involving custom silicon, inference vs. training workloads, and the strategic positioning of AMD's MI300 series against NVIDIA's dominance.

Most relevant to

large enterprises

Topics

Mentioned

Companies
AMD, NVIDIA, CoreWeave, Nebius, White Fiber, Microsoft, Amazon, Google, ZT Systems, Core Scientific, Equinix, Digital Realty
Products
MI300, Helios, Tranium, TPU, Rock M
Also
Lisa Su, Jensen Huang, CUDA

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