> Then Stargate Texas was cancelled, OpenAI and Oracle couldn’t agree terms, and the demand that had justified Micron’s entire strategic pivot simply vanished. Micron’s stock crashed.

Well.. no. The Stargate expansion was cancelled the orginally planned 1.2MW (!) datacenter is going ahead:

> The main site is located in Abilene, Texas, where an initial expansion phase with a capacity of 1.2 GW is being built on a campus spanning over 1,000 acres (approximately 400 hectares). Construction costs for this phase amount to around $15 billion. While two buildings have already been completed and put into operation, work is underway on further construction phases, the so-called Longhorn and Hamby sections. Satellite data confirms active construction activity, and completion of the last planned building is projected to take until 2029.

> The Stargate story, however, is also a story of fading ambitions. In March 2026, Bloomberg reported that Oracle and OpenAI had abandoned their original expansion plans for the Abilene campus. Instead of expanding to 2 GW, they would stick with the planned 1.2 GW for this location. OpenAI stated that it preferred to build the additional capacity at other locations. Microsoft then took over the planning of two additional AI factory buildings in the immediate vicinity of the OpenAI campus, which the data center provider Crusoe will build for Microsoft. This effectively creates two adjacent AI megacampus locations in Abilene, sharing an industrial infrastructure. The original partnership dynamics between OpenAI and SoftBank proved problematic: media reports described disagreements over site selection and energy sources as points of contention.

https://xpert.digital/en/digitale-ruestungsspirale/

> Micron’s stock crashed. [the link included an image of dropping to $320]

Micron’s stock is back to $420 today

> One analysis found a max-plan subscriber consuming $27,000 worth of compute with their 200$ Max subscription.

Actually, no. They'd miscalculated and consumed $2700 worth of tokens.

The same place that checked that claim also points out:

> In fact, Anthropic’s own data suggests the average Claude Code developer uses about $6 per day in API-equivalent compute.

https://www.financialexpress.com/life/technology-why-is-clau...

I like Apple's chips, but why do we put up with crappy analysis like this?

Apple's reality distortion field is really really strong. People love to claim Apple is doing 4D chess, when in reality Apple has certain strengths but AI is anything but.

Which is why they were completely caught offguard with botched rollout of Apple Intelligence. Even when they were playing to their strengths, things have not gone for them (Apple Vision Pro). Liquid Glass has had mixed reception, and that's often explained away as "Apple is setting up a world for Spatial Computing by unifying design language" and when the lead designer was fired it was like "Thank God Alan Dye is gone, he was bad for Apple anyway".

So essentially, Apple can do no wrong.