Dwarkesh Podcast · Aug 25, 03:32 PM UTC
Dylan Patel – Anthropic & OpenAI will have most of the world’s compute by 2028
Historical operation · Retained
“Now you’ve got… Well, actually TSMC captures way less value than the memory guys.”
Quoted source · Dylan Patel · 21:29–27:00 · 3 source segments
- [1] 21:29–21:33
- [2] 26:52–26:55
- [3] 26:55–27:00
Model assessment
The transcript discusses the shifting value capture in the AI supply chain, mentioning that TSMC captures less value than memory companies and raises prices slowly. However, this is a general, qualitative observation within a broader market analysis, not a specific, material catalyst or a change in expected fundamentals for TSMC. There is no target-specific, actionable information, and the commentary is not sufficiently direct or timely to warrant a directional call.
3 exact transcript citations