Power and compute, the week to 25 Sept
Capacity
Weeks run Saturday → FridayThe Friday Count · week to 25 Sept 2026
- Next due110,000 NVIDIA GPUs · SpaceXdue 30 Sept 2026 (“by September 30, 2026”) · grace to 31 Oct 20265 Jun 2026The statement
- FiledSwitched on: 0 statementsDelivered, not switched on: 0 statementsweek to 25 Sept 2026—
- EpochNot measured yet · first reading: the first Epoch AI snapshot——
- ERCOTDrawing 4,316 MW of 9,456 MW approved to energizeAugust 2026 · last read 16 Sept · observed peak, crypto load included16 Sept 2026ERCOT
- Generation11.4% of the gas due arrived on timeof 1,508 MW due · median slip 1 month · EIA-860M, August 2026 edition24 Sept 2026EIA-860M
No survey exists. This is a count of statements with sources, not of silicon.
Next in the Count
- ERCOT GIS report, 1st–4th
- Census C30, ~1st business day
- BLS PPI, mid-month
- ERCOT operational overview, mid-month
- EIA-860M, ~24th
The book this week
Track record 13 open calls · no trades
- MUMicron: priced like a cyclical at the top, contracted like a utility+6.5%since the call +16%with the call
- TSMTSMC: own the bottleneck, not the brand+3.7%since the call +5.3%with the call
- AVGOBroadcom: the right custom-silicon thesis at the wrong price−1.3%since the call −10%
- NVDANVIDIA: paying a market multiple for a franchise financing its own demand+1.3%since the call +8.1%with the call
- LITELumentum: The Optics Play That Bridges Power and Memory+1.2%since the call +8.1%with the call
- 000660.KSSK Hynix: the largest HBM rent, valued like a Korean cyclical+0.3%since the call −16%against the call
+ 7 thematic calls, graded on their falsifier, not a price
Logged this week
- 23 SeptTSMC: own the bottleneck, not the brand · Research log updated
Trades
No trades this week.