How the two companies that physically build the AI economy are managing a shortage they helped create and why their CEOs keep insisting they refuse to be the supply chain bottleneck.
Excellent breakdown — and a perfect example of how moats work in the real world, not just in textbooks.
What I find most striking is the restraint both CEOs are showing. As you point out, they could raise prices aggressively, but they're choosing not to. That's not modesty — it's confidence. Only a company with no real competitive threat can afford to play the long game.
This mirrors something I've been observing in geopolitics: when a country or institution holds a genuine structural advantage, it doesn't need to extract maximum value in the short term. It can afford patience.
The question for investors — and for anyone watching the AI supply chain — is whether this structural advantage will remain intact as geopolitical tensions rise and export controls tighten.
If you're interested in the broader theme of how structural power shapes markets and institutions, I explore similar dynamics in a recent piece:
👉 The Mirror of the World — Truth, Propaganda, and Reality in 5 Countries
Excellent breakdown — and a perfect example of how moats work in the real world, not just in textbooks.
What I find most striking is the restraint both CEOs are showing. As you point out, they could raise prices aggressively, but they're choosing not to. That's not modesty — it's confidence. Only a company with no real competitive threat can afford to play the long game.
This mirrors something I've been observing in geopolitics: when a country or institution holds a genuine structural advantage, it doesn't need to extract maximum value in the short term. It can afford patience.
The question for investors — and for anyone watching the AI supply chain — is whether this structural advantage will remain intact as geopolitical tensions rise and export controls tighten.
If you're interested in the broader theme of how structural power shapes markets and institutions, I explore similar dynamics in a recent piece:
👉 The Mirror of the World — Truth, Propaganda, and Reality in 5 Countries
📌 https://modernlensglobal.substack.com/p/the-mirror-of-the-world-truth-propaganda
Thanks for the deep dive — this is the kind of analysis that makes Substack worth reading.
Thanks. We will check your proposed substack too.