Tech Money Flow

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Apple's new CEO called memory pricing unprecedented. Your iPhone and the AI data centers buy memory from the same factories, and right now the sellers are collecting.

• Apple changed the price of the iPhone, the iMac and the iPad because of memory. On $156 billion in sales, that's roughly $2 billion in gross profit in one quarter, and Apple says memory is doing most of the damage
• Nvidia promised to spend $279 billion on supplies. Three months before, it was $119 billion. Its own filing says the money is for memory and manufacturing facilities, and its margin is falling from 75% to 71-72%, memory called "extreme"
• Microsoft and Amazon say it out loud too: Amy Hood on October 28, about three quarters of Microsoft's data center spending went to short-lived gear with higher memory and storage costs; Andy Jassy on October 29, heightened component costs like memory
• Samsung reported a record operating profit on October 29, and 99% of it came from chips. Net profit about $56 billion in three months. Micron did $54 billion in sales in the quarter ended September 3, against $11 billion a year earlier
• Memory has done this before: Micron made $14 billion in fiscal 2018, then less than half the next year. In fiscal 2022 it happened again, sales fell by half and Micron lost almost $6 billion. Both times the stock lost almost half its value

The filing lines are on screen in the video. Watch it: https://youtu.be/jUrmbbKJxXU
Every fine-print line from this episode, word for word: https://www.thetechmoneyflowshow.com/episodes/ep-5

My dated call: Micron guided $61.5 billion in revenue for next quarter. I say they blow past $63 billion. I grade it December 30, 2026: https://www.thetechmoneyflowshow.com/claims
My next grade is the Long Haul call, November 13, 2026: https://www.thetechmoneyflowshow.com/claims

Educational only. Not investment advice. Layer scores are the show's own judgment. I hold positions across these layers and never name them on the show. Full disclosure on the episode page.

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A chip company would not name the customer who could borrow up to $42 billion from it. Then that customer filed to go public, and had to open its books.

• Two episodes ago, Broadcom said one customer could borrow up to $42 billion from it, only for lease payments. It never said who. Anthropic's filing to go public, Oct 26, 2026, names Broadcom for the same $42 billion, with the same rule. That is the customer
• Anthropic agreed to spend up to $120.5 billion with SpaceX's AI company. After early 2027, either side can cancel on 90 days' notice. Big number. Easy exit. It does not count
• Anthropic owes Google, Amazon and Microsoft at least about $269 billion on deals it can't back out of: "regardless of actual usage." But nothing locks the price. A promise to pay over years, not cash up front
• The Broadcom chip lease: about $161 billion over 5 years, in 20 payments that are "fixed and equal," and the lease is "non-cancelable by the parties." Can't hand back the keys, and the payment can't go down. Both boxes checked
• The Superstar (the AI chips) goes from 3 to 7. Anthropic supplies the receipt, as the buyer. One company, so 7, not 8. The first move on my board since episode 1

The filing lines are on screen in the video. Watch it: https://youtu.be/AZ05dMye9Yw
Every fine-print line from this episode, word for word: https://www.thetechmoneyflowshow.com/episodes/ep-4

No dated call this episode. My next grade is the Long Haul call, November 13, 2026: https://www.thetechmoneyflowshow.com/claims

Educational only. Not investment advice. Layer scores are the show's own judgment. I hold positions across these layers and never name them on the show. Full disclosure on the episode page.

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One company on Earth makes the machine that prints the tiniest parts of the most advanced chips. So when there's only one store in town, who's paying extra?

• ASML's own annual report says it's the world's only maker of EUV machines. On Oct 14, 2026, it said some customers want to place orders for 2029 and even 2030
• ASML raised prices on its most critical products: some in 2027, full effect from 2028. That's the seller talking. It doesn't prove anybody pays more
• TSMC, the company that makes NVIDIA's chips, on its Oct 15, 2026 call: “The tool price inflation is real.”
• €9.3 billion of customer money tied to orders on ASML's balance sheet at Sept 27, 2026, up €5.7 billion in 3 months. Why it still doesn't count: money down on every order is a habit, not a concession
• The Toolmaker (manufacturing equipment) holds at 5, on Price hike the buyer admitted. TSMC supplies the receipt. One buyer, so 5, not 6

The filing lines are on screen in the video. Watch it: https://youtu.be/dDc3na4Hk7U
Every fine-print line from this episode, word for word: https://www.thetechmoneyflowshow.com/episodes/ep-3

This episode's dated call (The Toolmaker), word for word: https://www.thetechmoneyflowshow.com/claims — I grade it November 20, 2026.

Educational only. Not investment advice. Layer scores are the show's own judgment. I hold positions across these layers and never name them on the show. Full disclosure on the episode page.

Send us Fan Mail

Chip companies are co-signing rent, handing out stock and offering loans to their own customers. So who really has the upper hand?

• NVIDIA co-signed up to $105 billion of rent for OpenAI data centers in Ohio, from NVIDIA’s own quarterly report
• Marvell, AMD and Broadcom: the right to buy stock, penny shares, co-signing, and a loan of up to $42 billion. Who’s the bank?
• The Superstar (compute silicon) at a 3, on Locked volume. Broadcom supplies the receipt: customers who can’t back out
• The Traffic Cops (networking silicon) at a 5, on Price hike the buyer admitted. Arista supplies the receipt: it says it pays more for chips
• My read on why the sellers are paying: the buyers can build their own chips

The filing lines are on screen in the video. Watch it: https://www.youtube.com/watch?v=mX5n-Olh8yc
Every fine-print line from this episode, word for word: https://www.thetechmoneyflowshow.com/episodes/ep-2

This episode’s dated call (The Long Haul, Lumentum), word for word: https://www.thetechmoneyflowshow.com/claims — I grade it November 13, 2026.

Educational only. Not investment advice. Layer scores are the show’s own judgment. I hold positions across these layers and never name them on the show. Full disclosure on the episode page.

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In this episode of Tech Money Flow—“The Great Double Down”—we unpack how Meta, Microsoft, Google and Amazon are each all‑in on AI assistants, from Llama 4’s social brainwaves and Azure AI surge to Gemini’s search stronghold and Alexa+’s conversational storm, diving into the CEOs’ visions, the record CapEx they’re pouring into data centers, and my thoughts on the AI arms race.

Linktree: 

https://linktr.ee/Techmoneyflow

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Arizona’s not just making microchips—it’s manufacturing intelligence. In this episode, we unpack how TSMC’s desert factories are fueling the rise of the world’s most powerful digital brains. From OpenAI’s memory-powered co-pilot to Google’s ultra-context Gemini and Elon Musk’s real-time rebel Grok, this is the story of how infrastructure and innovation are colliding to shape the future of AI—and where the money is flowing next.

o3 and o4 mini:

https://openai.com/index/introducing-o3-and-o4-mini/

Gemini 2.5 Pro:

https://blog.google/technology/google-deepmind/gemini-model-thinking-updates-march-2025/

Grok 3:

https://x.ai/news/grok-3

Linktree:

https://linktr.ee/Techmoneyflow

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Humanoid robots are entering real homes THIS YEAR. Discover how Figure AI's groundbreaking Helix neural network enables robots to recognize objects and work together without instructions, while NVIDIA's GTC conference unveiled Groot N1—the universal operating system accelerating robot development. Meanwhile, CoreWeave's explosive IPO journey from $16M to $2B revenue signals where the AI money is flowing. Follow the tech money flow as robots move from science fiction to your kitchen, unpacking groceries and changing our world forever.

Figure AI Introduces Helix: https://www.youtube.com/watch?v=Z3yQHYNXPws

Figure AI x BMW: https://www.youtube.com/watch?v=WlUFoZstcWg

https://linktr.ee/Techmoneyflow

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Welcome to Episode 14 of Tech Money Flow—where $325B in capital is powering the debut of AI agents. In this episode, we break down how tech giants Amazon, Google, Meta, and Microsoft are fueling a compute revolution that’s transforming digital interaction. From OpenAI’s Operator and Deep Research to the digital highways and immersive ecosystems built by the Four Horsemen, every chip and every dollar is driving the future of autonomous intelligence. Tune in and ride the wave of money flow redefining the AI landscape.

Open AI Operator: https://openai.com/index/introducing-operator/

Open AI Deep Research: https://openai.com/index/introducing-deep-research/

https://linktr.ee/Techmoneyflow 

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AI is evolving at a rapid pace, and DeepSeek’s latest innovation is a perfect example of how quickly things can shift. Their approach to training a digital brain sets the stage for new possibilities, while Meta ramps up its AI efforts with Llama 4, Microsoft expands its enterprise AI footprint, and Tesla pours billions of money flow into autonomous driving and humanoid robots. Each of these moves is a sign that 2025 could be a year of massive leaps forward, not just for AI, but for the everyday tech we rely on.

https://linktr.ee/Techmoneyflow

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This episode unpacks Project Stargate’s $500B AI infrastructure push, TSMC’s update of the AI boom, and game-changing innovations from Anduril and Figure. We wrap up with my 2025 playbook, focusing on the money flow of the AI revolution.

Project Stargate: https://openai.com/index/announcing-the-stargate-project/

Palmer Luckey Anduril CEO: https://www.youtube.com/watch?v=T72DfPEBn0A&ab_channel=BloombergTechnology

https://www.figure.ai/

https://linktr.ee/Techmoneyflow