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All of your AI stocks are crashing AMD IS DUMPING -6.1% FROM WEEK HIGH SEP 9 - SEP 14 Source: Barebone AMD is dumping MICRON IS DUMPING -11.1% FROM WEEK HIGH SEP 9 - SEP 14 Source: Barebone MU Micron is dumping SELL-OFF TUE WED THU FRI MON IS THE AI BUBBLE POPPING? 8 MONTHS JAN '26 MAY '26 AUG '26 3 YEARS NOV '23 MAR '25 JUN '26 THE HEADLINE WHAT NOBODY READ ANTHROP\C Daria Amodei We Must Pace the Frontier September 2026 OpenAI deepseek The answer is a lot deeper than people realize YOUR PORTFOLIO AI on actually understanding it BAREBONE INVESTING SCHOOL DAY 86 / 100 And welcome to day 86 of the 100 Day Barebone Investing School FRIDAY TIMELINE DARIO AMODEl ANTHROPIC Daria Amodei We Must Pace the Frontier SLOW DOWN AI POWER SAFETY as AI is getting powerful faster than anyone can make it safe DARIO AMODEl SAM ALTMAN OpenAI I agree with Dario that we need to pace the frontier. ELON MUSK SPACEX Dario is right Even Elon Musk posted three words THEY ALL AGREED Dario is right THE MARKET'S MATH So investors did some simple math AI LESS DEMAND CHIPS MEMORY OPTICS POWER Slower AI means fewer chips fewer chips means fewer data centers and fewer data centers means less power SO THEY DUMPED IT NVDA CHIPS AMD CHIPS AVGO CHIPS MU MEMORY SNDK MEMORY VST POWER GEV POWER So stocks that sell chips memory and power got dumped But here's the problem Dario Amodei We Must Pace the Frontier September 2026 in Dario's own words grappling with important geopolitical dilemmas. To be clear, pacing does not mean halting model training or technical progress, but ensuring companies take adequate time to align THE MARKET MISREAD IT pacing does not mean halting model training TWO THINGS, NOT A STOP 1 2 SOMEONE INSIDE WATCHING THE LAB TESTED FIRST BEFORE IT SHIPS What he's actually asking for is two things One outside inspectors sitting and two safety checks before a model gets released IT ALL KEEPS RUNNING POWER FEED MODEL CORE RACK ROWS TRAINING STEPS 865,478 +44/s MODEL CAPABILITY 40% COOLING LOOP Meaning AI data centers keep running TRAINING STEPS 906,668 +38/s MODEL CAPABILITY 57% AI training keeps going TRAINING STEPS 989,048 +64/s MODEL CAPABILITY 79% the only thing that slows down TRAINING STEPS 1,030,238 +50/s MODEL CAPABILITY 81% ONLY THE RELEASE SLOWS TRAINING STEPS 1,071,428 +50/s MODEL CAPABILITY 84% is when the next model comes out LONGER BETWEEN RELEASES MODEL TODAY TESTING TIME MODEL NEW IF THEY REALLY TRIED SLOW CAN THEY? really do want to slow down CHINA SAYS NO CHINA ARTIFICIAL INTELLIGENCE China dismisses AI slowdown calls and blasts 'fearmongering' from U.S. tech leaders Beijing rejected the growing calls to curb the technology's development as part of an American "Cold War playbook." Because the same weekend China called the whole thing fearmongering WASHINGTON WANTS SPEED Donald J. Trump @realDonaldTrump The only control or "guardrails" that AI needs is a STRONG AND SMART (High IQ) PRESIDENT, and the U.S.A. has that, in spades! The Trump Administration has AI and "people" from doing bad, or potentially bad, "things," like Dario (Anthropic), who is now pretending to be a "perfect little angel" - and we are continuing to do so! We already have tremendous CRIMINAL and REGULATORY power over these companies! There is a SICK conspiracy going on against AI and Data Centers, and the only one that is happy about it is China. WHOEVER WINS AI, WINS! We are leading China, and all others, and will continue to do so. Conspiracy Theorists, Treasonists, Traitors, and Leakers, BEWARE! Thank you for your attention to this matter! President DONALD J. TRUMP 14 Retweets 48 Likes 6/14/26, 09:58 AM WHOEVER WINS AI, WINS! USA and Trump said whoever wins AI wins BIGGER THAN THE LABS The fight for AI is already bigger US COMPUTE 100 75 50 25 READINESS OpenAI CHIN A COMPUTE 100 75 50 25 READINESS ANTHROPIC than any AI lab can control If America slows down and China doesn't LOSER America loses If China slows down and America doesn't China loses NOBODY STOPS FIRST US COMPUTE 100 75 50 25 READINESS OpenAI CHIN A COMPUTE 100 75 50 25 READINESS ANTHROPIC Nobody trusts the other side to stop so nobody stops But here's what else the market missed WHAT NOBODY READ SO WHY ASK? OpenAI ANTHROPIC Why would the two labs that are winning ask everyone to slow down WHAT RULES COST ? THE PRICE OF PACING slowing down actually requires INSPECTORS AUDIT COST SAFETY CHECKS TESTING COST OpenAI ANTHROPIC Inspectors inside every lab safety checks before every release CAPITAL LAWYERS POLITICAL ACCESS OpenAI and Anthropic have the money and resources to afford that ONLY TWO CAN PAY OpenAI ANTHROPIC DEEPSEEK MISTRAL MINIMAX but a free open source model cannot So if these rules pass COMPLIANCE GATE $01250 PER CROSSING COMPLIANCE FEE MISTRAL DEEPSEEK the free models can't keep up COMPLIANCE GATE $0507g5 PER CROSSING COMPLIANCE FEE MINIMAX MISTRAL DEEPSEEK but the two labs already in front stay in front COMPLIANCE GATE $08760 COMPLIANCE FEE OpenAI ANTHROPIC COMPLIANCE GATE $11103 PER CROSSING COMPLIANCE FEE MINIMAX MISTRAL DEEPSEEK And ironically enough David Sacks @DavidSacks DAVID SACKS FORMER WHITE HOUSE AI CZAR Trump's former AI czar So go ahead and pace the frontier. You are the ones setting it. The easiest way not to build superintelligence is for you to agree not to build it. Demanding your preferred regulatory framework as the price of that will look like blackmail of the public and the political system. So just do it. If you do, you'll buy goodwill for the next conversation. If you don't, we'll know this was just another bid for regulatory capture - or an election- season psyop. said it out loud So go ahead and pace the frontier you are the ones setting it. If you don't we'll know this was just another bid for regulatory capture or an election season psyop THEIR OWN CZAR SAID IT David Sacks @DavidSacks DAVID SACKS FORMER WHITE HOUSE AI CZAR So go ahead and pace the frontier. You are the ones setting it. The easiest way not to build superintelligence is for you to agree not to build it. Demanding your preferred regulatory framework as the price of that will look like blackmail of the public and the political system. So just do it. If you do, you'll buy goodwill for the next conversation. If you don't, we'll know this was just another bid for regulatory capture - or an election- season psyop. just another bid for regulatory capture or an election season psyop THEY KEEP SPENDING HIDDEN MOTIVE? OpenAI ANTHROPIC or not both labs keep spending STILL SPENDING where every dollar of that spending actually goes BAREBONE INVESTMENT AI ENGINE Trace AI Spending And what I found is CRASHED MONDAY EVERY STEP OF THE CHAIN AI CHATBOT CHIPS Training an AI needs chips NVIDIA AMD Broadcom TSMC MEMORY Chips need memory Micron SanDisk SK Hynix OPTICS SPEED OF LIGHT Chips need to talk to each other at the speed of light Lumentum Coherent Ciena Arista Credo POWER And all of it needs power GRID MAXED the grid can't deliver Vistra Constellation GE Vernova Oklo NuScale DID IT POP? MONEY IN So did the AI bubble pop Well a bubble pops WHEN THE MONEY STOPS when the money stops THE MONEY HASN'T STOPPED BIG TECH POURED IN $700B CLOUD CAPEX - THIS YEAR CHIPS AI DATA CENTERS MEMORY Big cloud companies are still spending about $700 billion this year on AI IF ONE CUTS Then the bubble pops FEAR, NOT A CRASH BIG TECH POURED IN $700B CLOUD CAPEX - THIS YEAR CHIPS AI DATA CENTERS MEMORY But until then this is market fear not a fundamental crash in the AI buildout MARKETS 2 MIN AGO AI SELLOFF DEEPENS ACROSS CHIPS 3 MIN READ -4.2% MARKETS 2 MIN AGO AI IS BACK: CHIPS LEAD THE REBOUND 3 MIN READ +6.2% TECHNOLOGY 1 HR AGO SELLOFF WIDENS AS FEARS SPREAD 4 MIN READ TECHNOLOGY 18 MIN AGO INVESTORS RETURN TO AI INFRASTRUCTURE 4 MIN READ +3.1% EQUITIES 1 HR AGO RALLY RESUMES AS CRASH FEARS FADE 3 MIN READ +2.8% By the time headlines flip the dip is already long gone THE DIP IS GONE TSM AVGO NVDA CIEN COHR SNK OKLO GEV CEG MISTRAL VST Now that doesn't mean every name on that list deserves to come back REAL DEMAND VS HYPE MU TSM AVGO AMD CIEN COHR SKHY LITE GEV CEG MISTRAL VST Some have real AI demand behind them and some are just riding the hype REAL DEMAND HYPE ORDERS BACKLOG CONTRACTS ORDERS BACKLOG CONTRACTS ORDERS BACKLOG Knowing which is which is what turns a dip into an opportunity THE OPPORTUNITY 9 OF 17 PASSED RESEARCH IN SECONDS BAREBONE FUNDAMENTALS RISK VALUATION SUPPLY CHAIN AI AGENTS TECHNICALS SENTIMENT on any stock in seconds BAREBONE Comment PACE for access! 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