$AMD · Thomas goes nearly all-in on AMD citing chiplet flexibility and CPU-GPU integration

episode briefing

extracted intelligence

Antonio Linares

AMD Lisa is the Best Non-Founder CEO, The AI Bubble, Hims Is the Future of Healthcare w/ Thomas

now viewing▶ 4:11

Thomas goes nearly all-in on AMD citing chiplet flexibility and CPU-GPU integration

2026-01-26 · 15 company · 10 thematic

sentiment

11 bull0 bear4 neu

speakers

thomas

Thomas is a community member known for deep technical knowledge of AI chip architecture and the semiconductor value chain. He runs a concentrated portfolio (nearly 100% AMD) with small positions in Tesla and ImmunityBio. He uses AI coding agents extensively in his workflow and has a background in self-taught AI/math coursework that led to his investment thesis.

antonio linares

Antonio Linares runs a concentrated six-stock portfolio plus micro investments, focusing on 'singularity scalers' — companies with proprietary data moats that compound value via AI scaling laws. He bought Palantir at ~$7, held through 2022-2024 drawdowns, and teaches a course on modern value creation processes. His framework emphasizes betting early on extraordinary companies, holding forever, and learning from concentrated mistakes.

quote

“My whole thesis is basically the modularity of the chiplet infrastructure will give AMD at least half the market, right? That's something on the inference market. Yes, inference market. ... I'm almost full portfolio in AMD right now. I hav…”

—thomas

now playing · $AMD

$AMD···bullish· high· posthomas

Thomas goes nearly all-in on AMD citing chiplet flexibility and CPU-GPU integration

AMD's chiplet architecture provides superior modularity for inference workloads, enabling circuit-level optimization that monolithic designs cannot match. The CPU-GPU integration…

$TSLA···bullish· low· posthomas

Thomas holds small Tesla position alongside concentrated AMD bet

Tesla held as a minor position complementing the core AMD thesis, likely for its AI/robotics (Optimus) and energy exposure.

$HIMS···bullish· high· posthomas

Hims applies Costco model to healthcare: biomarkers + deflationary scale + customer acquisition via acute needs

Hims combines exhaustive biomarker testing (top-of-funnel data) with industrial-scale fulfillment of personalized molecules, acquiring customers through acute needs (ED, hair loss…

$AVGO···neutral· mediumthomas

Broadcom's TPUs serve Google's Gemini but lack workload flexibility vs GPUs

Broadcom's TPUs power Google's leading Gemini models but cannot easily reconfigure for architecture shifts (e.g., transformer to diffusion), making them less flexible than GPUs fo…

$GROQbullish· mediumthomas

Groq's SRAM-based architecture excels at low-latency inference for customer service agents

Groq's SRAM architecture (not HBM) enables extremely fast inference for latency-sensitive applications like customer service agents, though scaling to larger models remains challe…

$CBRS···bullish· mediumthomas

Cerebras' wafer-scale SRAM architecture targets ultra-low latency inference niches

Cerebras' unique wafer-scale SRAM architecture delivers exceptional inference speed for specific use cases but faces scaling limitations for large models due to memory constraints.

$MU···bullish· mediumthomas

Micron benefits from HBM shortage as key supplier to AMD and Nvidia

Micron is a primary HBM supplier benefiting from severe shortage driven by AI chip demand; HBM is a commodity with few providers (Micron, SK Hynix, Samsung) creating pricing power.

$INTC···neutral· lowthomas

Intel foundry could benefit from CPU shortage but AMD has superior architecture integration

Intel's foundry capacity may capture some CPU shortage upside, but AMD's integrated CPU-GPU architecture and chiplet flexibility give it stronger positioning for agent workloads.

$TSM···neutral· mediumthomas

TSMC capacity constraints limit CPU/GPU supply, creating shortage dynamics

TSMC's finite advanced packaging capacity creates structural bottleneck for AI chips; the key question is whether TSMC, Intel, or AMD captures the pricing power from resulting sho…

$PLTR···bullish· high· posantonio linares

Palantir's data flywheel creates accelerating free cash flow per share as platform expands

Palantir's platform flywheel — more productization leads to more users, more data across verticals, making disruption increasingly difficult. Synthetic data generation amplifies t…

$IBRX···bullish· highthomas

ImmunityBio's IL-15 pathway could rejuvenate immune system like Nvidia did for GPUs

ImmunityBio's IL-15 pathway therapy allegedly jacks up T and NK cell counts, rejuvenating the immune system — a foundational biological pathway analogous to Nvidia's role in GPU c…

$DUOL···bullish· highthomas

Duolingo seen as potential 5-20 trillion dollar company from AI-driven education transformation

Duolingo's language learning platform will become a primary beneficiary of AI-driven education transformation, potentially reaching multi-trillion dollar valuation as the educatio…

$NVDA···neutral· mediumantonio linares

Nvidia's Bluefield 4 DPU attempts to abstract AMD's circuit-level advantage via networking

Nvidia's Bluefield 4 DPU manages memory at the network level, bringing memory closer to compute via software-defined networking rather than AMD's hardware-level chiplet integratio…

$XMTR···bullish· mediumantonio linares

Xometry's manufacturing marketplace shows Palantir-like accelerating flywheel with rising margins

Xometry's M&A strategy created a marketplace connecting spare manufacturing capacity with demand, showing accelerating revenue growth, expanding margins, and rising free cash flow…

$ORCL···bullish· mediumantonio linares

Oracle partners with AMD to build distributed compute infrastructure for training and inference

Oracle is deploying AMD's technology to create a distributed compute fabric spanning large data centers to edge locations, enabling training and inference proximity to data source…