NVDA$184.77+1.2%·TSM$348.70+2.9%·ASML$1,383.87+1.9%·AMD$202.68+3.6%·AVGO$352.33+1.9%·MU$405.35+4.1%·INTC$45.88-5.5%·HBM4 Spot$18.40/GB+5.2%·CoWoS Util97.2%+0.8%
NVDA$184.77+1.2%·TSM$348.70+2.9%·ASML$1,383.87+1.9%·AMD$202.68+3.6%·AVGO$352.33+1.9%·MU$405.35+4.1%·INTC$45.88-5.5%·HBM4 Spot$18.40/GB+5.2%·CoWoS Util97.2%+0.8%
Live Wire — March 12, 2026

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Standard Kernel Raises $20M to Bet That AI Can Write Its Own GPU Code

Standard Kernel has raised a $20 million seed round led by Jump Capital to build an autonomous kernel generation platform — software that uses AI to write the low-level GPU code that AI itself runs on. The company claims 80% to 4x performance gains over NVIDIA's cuDNN on H100 workloads. If that holds at scale, the implications reach far beyond one startup.

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Infrastructure1d ago

War in Iran, the $119 Oil Spike, and What It Actually Means for AI Infrastructure

The US-Israeli strikes on Iran sent crude to $119. Prices retreated to $85. The conventional wisdom — that expensive oil threatens AI by raising electricity costs — is mostly wrong. Only 0.6% of US electricity comes from petroleum. The real threat is to new capacity: construction diesel, petroleum-derived materials, supply chain delays, and an $870 billion debt stack sensitive to every basis point of inflation-driven rate increases.

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Materials & Fab2d ago

TSMC's $56 Billion Year: Inside the Largest Semiconductor Capex Budget in History

TSMC will spend up to $56 billion in 2026 — more than any semiconductor company has ever invested in a single year. We break down where the money is going, from 2nm node buildout to a fourfold expansion of advanced packaging capacity, and what it means for chip pricing and customer allocation.

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Wire DispatchesFull feed →
AI Capex Index$284B 12.4% QoQ
GPU Cloud Pricing$2.14 8.2% MoM
TSMC Utilization94.1% 2.1% QoQ
Training Cost $/Pflop$1.82 22% YoY

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