Gavin Baker on semiconductor supply chain
From Gavin Baker interviews SpaceX CFO Bret Johnsen at Mission Control · · Heller House
“We are doing this because we're very concerned about the supply chain constraints that might exist very soon in the next you know handful of years related to being able to fab out anywhere else. you know, if you look at it when when you start talking about Nvidia or you know, the AI5 chip or or um you know, a TPU, all of a sudden you start talking about TSMC, right? And so it isn't that you're you know, being able to diversify out from a supply chain perspective if you go one more layer down. And so our concern is is really more than anything else that the supply chain won't be there for us to ramp to many many gigawatts.”
On , Gavin Baker, Managing Partner and Chief Investment Officer at Atreides Management, LP, spoke about semiconductor supply chain during Gavin Baker interviews SpaceX CFO Bret Johnsen at Mission Control on Heller House.
About Gavin Baker
Gavin Baker, managing partner and CIO of Atreides Management, has recently described the current AI boom as "the most extraordinary moment in the history of capitalism," citing Anthropic's addition of $11 billion in annual recurring revenue in a single month. He has argued that the AI build-out is constrained by "watts and wafers," and that TSMC's leadership is deliberately limiting capacity expansion to avoid a bubble, which he said is helping enforce "a real-world physical constraint." Baker has also predicted that Tranium chips will play a role in 2026 similar to that of TPUs in 2025, and that code generation has become the "killer app" for monetizing AI. Baker has discussed the competitive landscape of chip design, describing the proliferation of new chip companies as "good and healthy for the world" and beneficial for Nvidia's Jensen Huang. He has compared running AI clusters to driving a Formula 1 car, stating that it is "really hard to do well," and has highlighted CoreWeave's focus on networking as a structural advantage. Baker has also suggested that orbital compute, with power from the sun and cooling from the dark side of satellites, could eventually replace terrestrial data centers.