[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"scribble-the-invisible-boom-9ee68c8f":3},{"id":4,"title":5,"user_id":6,"is_anonymous":7,"tags":8,"created_at":14,"updated_at":14,"storage_path":15,"is_public":16,"linked_scribbles":17,"previous_scribble":21,"next_scribble":21,"is_draft":7,"related_scribbles":22,"slug":23,"author_name":24,"author_username":24,"body":25,"linked_articles":26,"related_articles":36,"reverse_relation_map":77},"9ee68c8f-a89e-447f-8612-204d19636032","The Invisible Boom","b010d45f-3f37-4ae7-96da-3e42cecaf0ef",false,[9,10,11,12,13],"ai","technology","intel","finance","growth","2026-01-08T03:45:33.953328+00:00","b010d45f-3f37-4ae7-96da-3e42cecaf0ef/327184ee-707a-43ea-8f67-23a62c40731c.md",true,[18,19,20],"070e0c7d-d9dc-443f-8470-58b057b63331","13f1883f-0600-4de0-bce2-be08d6263e74","181b7206-4b4f-40dd-8094-b49fc942b00f",null,[],"the-invisible-boom-9ee68c8f","BusInsights","## Standing Still in a Race\n\nThe entire world is screaming \"AI.\" Nvidia is doubling its revenue. AMD is surging. Data centers are being built in cornfields.\n\nSo I looked at Intel's Data Center and AI (DCAI) revenue.\n\n- **Q3 2024:** $4.1 Billion\n\n- **Q3 2025:** $4.1 Billion\n\n## The 0% Growth Logic\n\nIn the biggest computing boom of the century, Intel's AI revenue is flat. They highlight a \"5% sequential growth\" to make it look like momentum. But in a market growing at 50%+, growing at 0% year-over-year isn't stability. It is a massive collapse in market share.\n\nThe \"Gaudi 3\" accelerator was supposed to be the savior. The numbers suggest it’s a ghost. If the tide is rising and your boat stays at the same level, you aren't floating - you're sinking.",[27,30,33],{"id":20,"title":28,"previous_scribble":21,"next_scribble":21,"slug":29},"Intel: The $4 Billion Mirage","intel-the-4-billion-mirage-181b7206",{"id":19,"title":31,"previous_scribble":21,"next_scribble":21,"slug":32},"The Foundry Furnace","the-foundry-furnace-13f1883f",{"id":18,"title":34,"previous_scribble":21,"next_scribble":21,"slug":35},"The Debt masquerading as Equity","the-debt-masquerading-as-equity-070e0c7d",[37,41,45,49,53,57,61,65,69,73],{"id":38,"title":39,"slug":40},"619af8aa-c46e-478d-bfce-3a66b2743794","The 'Massive' Pause","the-massive-pause-619af8aa",{"id":42,"title":43,"slug":44},"8ca1bf3c-2c85-45a9-b6ab-0a2ad72e9682","The $50,000 Moonshot","the-50-000-moonshot-8ca1bf3c",{"id":46,"title":47,"slug":48},"37392b05-8672-47dc-9bca-74a1112b2475","The Crisis of Organic Growth","the-crisis-of-organic-growth-37392b05",{"id":50,"title":51,"slug":52},"3ef1be12-915f-417c-b4c9-c1aedd9048be","A Comprehensive Analysis of Big Tech Depreciation: Amazon.com, Inc","a-comprehensive-analysis-of-big-tech-depreciation-amazon-com-inc-3ef1be12",{"id":54,"title":55,"slug":56},"a0196843-b10b-4df9-8f47-fb72e0652901","A Comprehensive Analysis of Big Tech Depreciation: Alphabet Inc","a-comprehensive-analysis-of-big-tech-depreciation-alphabet-inc-a0196843",{"id":58,"title":59,"slug":60},"dc7937db-b59e-43bc-b8d4-9060d1b21360","A Comprehensive Analysis of Big Tech Depreciation: Meta Platforms, Inc","a-comprehensive-analysis-of-big-tech-depreciation-meta-platforms-inc-dc7937db",{"id":62,"title":63,"slug":64},"7e29ba1a-e289-4b1b-ab03-293b8932f167","A Comprehensive Analysis of Big Tech Depreciation: Microsoft Corporation","a-comprehensive-analysis-of-big-tech-depreciation-microsoft-corporation-7e29ba1a",{"id":66,"title":67,"slug":68},"dc4595c1-4f2f-4f00-8c74-8256efd1e935","The Empirical Evidence","the-empirical-evidence-dc4595c1",{"id":70,"title":71,"slug":72},"d04575d8-af9d-45d2-a284-3e96aeb52ad3","The Cannibalization of the Silicon Kings","the-cannibalization-of-the-silicon-kings-d04575d8",{"id":74,"title":75,"slug":76},"9571dc73-e002-4a06-8c8f-ae4f0c4a4acd","The 1.2 Gigawatt Gamble","the-1-2-gigawatt-gamble-9571dc73",{}]