Just saw that OKX listed an old friend, PPMT. Bubble Mart, once a rising star of its era, has fallen to the level of a stock for newcomers and veterans in just two years. In the age of AI, it feels like other industries have all become mere backdrops to the times. At a dinner yesterday, a big reseller of B300 mentioned that the current spot price has already reached 13 million. Meanwhile, another buyer said that this price seems a bit too high. I have a feeling that the bursting of the AI bubble might start with the drop in B300 prices. (Rumor has it that a major company has gone compliant and put together hundreds of billions worth of H200.) But no matter what, the platform always wins.