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Peter Tchir

Academy Securities (head of macro strategy)
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BearThe AI Trade hedged · 2026-07-20
Replayed Bloomberg Surveillance clip (same morning's programming). Leads with 'It's not as good as ours I don't think' (@46:32); the worry he voices is China flooding markets with cheap compute 'Like they did with trinkets back in the early 2000s' (@46:28).
“They distill it from our models probably which helps on their costs But the reality is they have the electricity grid they have enough chips and they seem to be able to flood their market”
Peter Tchir · Academy Securities (head of macro strategy) · Bloomberg ↗

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