I totally agree with this perspective: Google released Gemini 3.8 Flash, bringing frontier-level capabilities into the price range of Flash; Meta launched Muse Spark 1.3, enabling Agents to accomplish more with fewer tokens and tool calls; Mostik took it a step further, experimenting with eliminating some tokens between models right from the start. They’re all pointing to the same shift: Intelligence is becoming ridiculously cheap at an incredible speed. So the profitability certainty ranking goes: Hyperscalers > Top-tier model makers (O and A) > Neocloud/second-tier model makers > Semiconductor supply chain When intelligence is no longer absurdly expensive, the bottleneck in semiconductors ceases to exist. (Think about that logic)