I published my analysis about AI bubble burst in August, now it looks like TSLA supercomputer Dojo has attracted market attention and drain liquidity out of NVDA and cryptocurrency market!
At the time of writing this article TSLA is +9.1% and NVDA -2.16%, and my quantitative model scored TSLA +10 (Max buy) and NVDA -10 (max sell).
Meanwhile, cryptocurrency market lost the 1 trillion market cap after 4 months.
Why I believe TSLA surge is at the expense of NVDA and CRYPTO?
If you are looking at the comments on this platform and other social media, you will see the population who trade or invest in TSLA, NVDA or crypto have pretty much same traits, culture, vocabulary, and patterns of behavior!
While in the first half of 2023, NVDA stole the momentum from TSLA, Dojo (TESLA supercomputer) brought back the momentum to TSLA!
What we know about Dojo?
Tesla Dojo is a supercomputer designed and built by Tesla for computer vision video processing and recognition. It will be used to train Tesla's machine learning models to improve its Full Self-Driving (FSD) advanced driver-assistance system. According to Tesla, it had begun to be used in production in August 2023.
Dojo is a custom-designed supercomputer that is optimized for processing video data. It is made up of a large number of custom chips called Dojo Pods, which are each capable of processing 1.8 teraflops of data per second. The Dojo Pods are interconnected by a high-speed network, allowing them to work together to process massive amounts of data.
Tesla Dojo is expected to be one of the most powerful supercomputers in the world. It is estimated to have a peak performance of 1.8 exaflops, which is more than 100 times the performance of the previous generation of Tesla supercomputers.
Dojo will be used to train Tesla's FSD models on a massive dataset of real-world driving data. This data is collected from Tesla's fleet of over 4 million vehicles, which are equipped with cameras, radar, and ultrasonic sensors. The FSD models will use this data to learn how to drive safely and autonomously in a variety of conditions.
Dojo is a key part of Tesla's plan to achieve full self-driving. Tesla CEO Elon Musk has said that Dojo will allow Tesla to train its FSD models in a matter of weeks, rather than the months or years that it currently takes. This will accelerate the development of Tesla's self-driving technology and help the company to achieve its goal of making its vehicles fully self-driving by 2024.
Tesla produces the Dojo chip. It is a custom-designed chip that is optimized for processing video data. The Dojo chip is manufactured by the Taiwan Semiconductor Manufacturing Company (TSMC) using 7 nanometer (nm) semiconductor nodes, has 50 billion transistors and a large die size of 645 mm2 (1.0 square inch).
There is no NVDA chip in Dojo.
The Dojo supercomputer is powered by Tesla's own Dojo chip, which is a custom-designed chip that is optimized for processing video data. Tesla has not yet released any information about the specifications of the Dojo chip, but it is believed to be a very powerful chip.
In August 2023, Tesla announced that Dojo was now in production use, configured with 10,000 Nvidia chips. However, these chips are not used to power the Dojo supercomputer. Instead, they are used to accelerate the training of Tesla's FSD models.
Tesla has a long-standing partnership with Nvidia, and the two companies have worked together on a number of projects. However, Tesla is increasingly developing its own chips in-house. This is a trend that is being seen across the automotive industry, as automakers seek to gain more control over the technology that powers their vehicles.
It is possible that Tesla may use Nvidia chips in future versions of Dojo, but for now, the supercomputer is powered by Tesla's own chips.
Technical analysis:
Crossing below 143 will create higher low- lower Low in weekly chart,
The top 10 holdings of the VanEck Semiconductor ETF (SMH) are:
NVIDIA Corporation (NVDA) - 21.64%
Taiwan Semiconductor Manufacturing Company Limited (TSM) - 10.25%
Broadcom Inc. (AVGO) - 5.48%
Lam Research Corporation (LRCX) - 4.79%
Applied Materials, Inc. (AMAT) - 4.57%
ASML Holding NV (ASML) - 4.56%
Advanced Micro Devices, Inc. (AMD) - 4.28%
Analog Devices, Inc. (ADI) - 3.95%
Intel Corporation (INTC) - 4.87%
Micron Technology, Inc. (MU) - 3.72%
At the time of writing this article TSLA is +9.1% and NVDA -2.16%, and my quantitative model scored TSLA +10 (Max buy) and NVDA -10 (max sell).
Meanwhile, cryptocurrency market lost the 1 trillion market cap after 4 months.
Why I believe TSLA surge is at the expense of NVDA and CRYPTO?
If you are looking at the comments on this platform and other social media, you will see the population who trade or invest in TSLA, NVDA or crypto have pretty much same traits, culture, vocabulary, and patterns of behavior!
While in the first half of 2023, NVDA stole the momentum from TSLA, Dojo (TESLA supercomputer) brought back the momentum to TSLA!
What we know about Dojo?
Tesla Dojo is a supercomputer designed and built by Tesla for computer vision video processing and recognition. It will be used to train Tesla's machine learning models to improve its Full Self-Driving (FSD) advanced driver-assistance system. According to Tesla, it had begun to be used in production in August 2023.
Dojo is a custom-designed supercomputer that is optimized for processing video data. It is made up of a large number of custom chips called Dojo Pods, which are each capable of processing 1.8 teraflops of data per second. The Dojo Pods are interconnected by a high-speed network, allowing them to work together to process massive amounts of data.
Tesla Dojo is expected to be one of the most powerful supercomputers in the world. It is estimated to have a peak performance of 1.8 exaflops, which is more than 100 times the performance of the previous generation of Tesla supercomputers.
Dojo will be used to train Tesla's FSD models on a massive dataset of real-world driving data. This data is collected from Tesla's fleet of over 4 million vehicles, which are equipped with cameras, radar, and ultrasonic sensors. The FSD models will use this data to learn how to drive safely and autonomously in a variety of conditions.
Dojo is a key part of Tesla's plan to achieve full self-driving. Tesla CEO Elon Musk has said that Dojo will allow Tesla to train its FSD models in a matter of weeks, rather than the months or years that it currently takes. This will accelerate the development of Tesla's self-driving technology and help the company to achieve its goal of making its vehicles fully self-driving by 2024.
Tesla produces the Dojo chip. It is a custom-designed chip that is optimized for processing video data. The Dojo chip is manufactured by the Taiwan Semiconductor Manufacturing Company (TSMC) using 7 nanometer (nm) semiconductor nodes, has 50 billion transistors and a large die size of 645 mm2 (1.0 square inch).
There is no NVDA chip in Dojo.
The Dojo supercomputer is powered by Tesla's own Dojo chip, which is a custom-designed chip that is optimized for processing video data. Tesla has not yet released any information about the specifications of the Dojo chip, but it is believed to be a very powerful chip.
In August 2023, Tesla announced that Dojo was now in production use, configured with 10,000 Nvidia chips. However, these chips are not used to power the Dojo supercomputer. Instead, they are used to accelerate the training of Tesla's FSD models.
Tesla has a long-standing partnership with Nvidia, and the two companies have worked together on a number of projects. However, Tesla is increasingly developing its own chips in-house. This is a trend that is being seen across the automotive industry, as automakers seek to gain more control over the technology that powers their vehicles.
It is possible that Tesla may use Nvidia chips in future versions of Dojo, but for now, the supercomputer is powered by Tesla's own chips.
Technical analysis:
Crossing below 143 will create higher low- lower Low in weekly chart,
The top 10 holdings of the VanEck Semiconductor ETF (SMH) are:
NVIDIA Corporation (NVDA) - 21.64%
Taiwan Semiconductor Manufacturing Company Limited (TSM) - 10.25%
Broadcom Inc. (AVGO) - 5.48%
Lam Research Corporation (LRCX) - 4.79%
Applied Materials, Inc. (AMAT) - 4.57%
ASML Holding NV (ASML) - 4.56%
Advanced Micro Devices, Inc. (AMD) - 4.28%
Analog Devices, Inc. (ADI) - 3.95%
Intel Corporation (INTC) - 4.87%
Micron Technology, Inc. (MU) - 3.72%