$IREN (+3.42%)

A large part of the investment thesis of $IREN (+3.42%) is linked to the company's ambitious expansion into the fast-growing AI/HPC sector.

While $IREN (+3.42%) Bitcoin mining yields remain exceptional, performance in this segment is heavily influenced by factors outside of the company's control - namely price, network difficulty and ASIC prices. $BTC (-0%) -price, network difficulty and ASIC prices.

Today's demand for AI computing power is only a fraction of what will be needed.

The reasons are:

- AI switches from text to real-time video, 3D and full scene understanding

- AI co-pilots integrated into every productivity and development tool

- Autonomous robots, vehicles and smart factories

- AI-generated content on a large scale: ads, movies, virtual worlds

- Constant retraining of boundary models, 100 times more computationally intensive

Access to AI computing power and related infrastructure will be critical for major tech companies to defend and grow their multi-billion dollar valuations. These players are outbidding each other, not only to secure capacity, but also to prevent others from obtaining it. Whoever controls the most computing power capacity and supporting infrastructure will gain a massive advantage over the other.

We have already seen this in the race for $NVDA (-0.22%) chips, the biggest bottleneck in the AI value chain today. But this bottleneck is shifting as computing capacity becomes increasingly constrained by access to AI-optimized energy infrastructure.

And here, in my opinion $IREN (+3.42%) that has more than 3 GW of AI-optimized infrastructure will benefit. It takes time to build, contracts for infrastructure and power connection contracts are becoming more difficult, and the land and locations required are becoming more expensive, $IREN (+3.42%) has recognized this early on.

Increase in hash rate since 2023:

$IREN (+3.42%) available today with $IREN (+3.42%) AI Cloud has $NVDA (-0.22%) H100 and H200 GPU clusters.

These clusters are powered 100% by renewable energy.

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You have to plan ahead, at least I always try to have a few arrows in my quiver for the future. In doing so, I have noticed a significant date and a possible short-term opportunity. I think I will go short in around 20.09. $CRWV (+1.66%) go short. Since the IPO in March, the share price has peaked at 360% and is still not far from its high. So if this level holds until then, which I know is still a while away, it would be a good opportunity. The IPO holding period ends on September 24 and then I assume that some will cash in. Just a thought to show that traders can also think in the medium term.

The AI giant $NVDA (-0.22%)
presented new AI products and partnerships at Computex at the weekend,

in addition to numerous new technologies, including a possible investment in PsiQuantum.

New technologies in sight:

As part of the event, the top manager also gave an insight into new products. In his speech, which lasted around two hours, Huang presented new technologies for artificial intelligence, both in the corporate and consumer sectors.

Modified AI chips for the Chinese market in preparation

Entry into quantum computing possible through participation in PsiQuantum.

A partnership with Hon Hai Precision, also known as Foxconn, was also announced in this context.

As part of the collaboration, the company plans to build an AI factory in Taiwan, which will use NVIDIA's Blackwell GPU series.

NVLink Fusion was also presented as a platform that helps companies to set up their AI infrastructure more easily.

Of particular interest: the platform opens up NVIDIA's servers for chips from other manufacturers.

In addition, Huang also presented new AI agent software and AI software for robots and even personal AI supercomputers, which are being developed together with partners such as $2353
$QCOM (-0.18%) and $MRVL (-0.39%) have developed.

China to get NVIDIA chips soon

NVIDIA is also making progress elsewhere in Asia:

According to a report by Nikkei, the first deliveries of the NVIDIA AI chip adapted for the Chinese market are set to take place as early as next quarter. A modified version of its flagship Blackwell series is also set to be launched in China, the newspaper adds.

This is the US company's response to export restrictions imposed by the US government, which are jeopardizing NVIDIA's market position in China and its growth plans there.

Competition in the region is fierce, which is why the US technology giant is making great efforts to maintain its presence.

According to the report, the new AI chip for China will be a slimmed-down version of the last-generation Hopper series and will not contain high-bandwidth memory (HBM). The new flagship Blackwell series will also be adapted for the Chinese market and is set to be launched later in 2025. In line with export restrictions, this will also be equipped without HBM.

Is NVIDIA getting involved with PsiQuantum?

In addition to the AI chip business, NVIDIA is now also setting its sights on the quantum computing sector, according to a press report. As reported by "The Information", NVIDIA is negotiating an investment in PsiQuantum and is already in advanced talks regarding an investment in the quantum computing startup.

The report, which cites sources involved in the talks, states that this investment would be NVIDIA's first in a company that builds physical quantum computers, following previous investments in AI-centric companies such as $CRWV (+1.66%) and xAI.

PsiQuantum's photonic approach to quantum computing uses photons as qubits and aims to build quantum processors using conventional semiconductor processes.

The startup is based in Palo Alto and is working hard to develop systems that outperform conventional computers.

Psi Quantum has partnerships with GlobalFoundries and receives government support in Australia and the USA, according to "The Information".

Source: finanzen.net