Steve Hou
Head of Research, Silicon Data (former Bloomberg strategist)
“Some memory is input right into GPUs and all these models are super memory hungry. And generally speaking with longer context, longer conversations, the context grows with memory. That's clearly the reason why memory... supply is not catching up with demand.”
“There was all this talk early in the year, like Michael Burry, oh chips are only good for two, three years — just look at how strong that [GPU] price is.”
Steve Hou
One-line summary: Silicon Data head of research; builds a compute/token price index and argues GPU prices stayed strong (against the Burry '2-3 year' depreciation call) with memory the binding bottleneck.
What they're known for
Brief factual context — fill in.
Why they matter to stock-market
Why this person's claims are tracked here — fill in.
Said
Speaker-attributed claims extracted from diarized sources. Each bullet mirrors one entry in quotes: frontmatter — keep them in sync.
-
On hbm-supply-bottleneck, compute-as-financialized-commodity:
"Some memory is input right into GPUs and all these models are super memory hungry. And generally speaking with longer context, longer conversations, the context grows with memory. That's clearly the reason why memory... supply is not catching up with demand." — 2026-07-22-podcast-forward-guidance-ai-efficiency-is-repricing-the-compute-market (2026-07-22)
-
On compute-utilization-overhang-as-latent-supply, token-price-inflation-favors-asset-heavy-compute:
"There was all this talk early in the year, like Michael Burry, oh chips are only good for two, three years — just look at how strong that [GPU] price is." — 2026-07-22-podcast-forward-guidance-ai-efficiency-is-repricing-the-compute-market (2026-07-22)
Sources
Related
Cross-links — fill in.