AI Computing Power Has Been Hyped for Three Years—When Will It Actually Make Money? A Deep Dive into the Trillion-Dollar AI Computing Power Ledger!

The four roles in the AI computing power industry chain (chips, optical modules and storage; cloud vendors, intelligent computing centers and computing power leasing companies; model companies; and the thousands of industries using AI) face different challenges at different stages. Currently, upstream chip companies are highly profitable, midstream cloud vendors and model companies face depreciation and investment pressure, and the downstream application layer is still in the investment phase. The AI computing power industry is similar to the U.S. fiber optic industry in 2001, but demand is real and asset lifespans are short. In the future, AI computing power profitability will be realized in stages, and the key lies in direction and timing. Content Chapters 00:01 Introduction 00:31 Industry Chain Analysis: AI Computing