(w/r/t the last sentence of the OP: i am not aware of such a numpy/scipy method but w/r/t the Question in the OP Title (i.e., improving NumPy dot performance) what's below should be of some help. In other words, my answer is directed to improving performance of most of the steps comprising your function for Y).
First, this should give you a noticeable boost over the vanilla NumPy dot method:
>>> from scipy.linalg import blas as FB
>>> vx = FB.dgemm(alpha=1., a=v1, b=v2, trans_b=True)
Note that the two arrays, v1, v2 are both in C_FORTRAN order
You can access the byte order of a NumPy array through an array's flags attribute like so:
>>> c = NP.ones((4, 3))
>>> c.flags
C_CONTIGUOUS : True # refers to C-contiguous order
F_CONTIGUOUS : False # fortran-contiguous
OWNDATA : True
MASKNA : False
OWNMASKNA : False
WRITEABLE : True
ALIGNED : True
UPDATEIFCOPY : False
to change the order of one of the arrays so both are aligned, just call the NumPy array constructor, pass in the array and set the appropriate order flag to True
>>> c = NP.array(c, order="F")
>>> c.flags
C_CONTIGUOUS : False
F_CONTIGUOUS : True
OWNDATA : True
MASKNA : False
OWNMASKNA : False
WRITEABLE : True
ALIGNED : True
UPDATEIFCOPY : False
You can further optimize by exploiting array-order alignment to reduce excess memory consumption caused by copying the original arrays.
But why are the arrays copied before being passed to dot?
The dot product relies on BLAS operations. These operations require arrays stored in C-contiguous order--it's this constraint that causes the arrays to be copied.
On the other hand, the transpose does not effect a copy, though unfortunately returns the result in Fortran order:
Therefore, to remove the performance bottleneck, you need to eliminate the predicate array-copying step; to do that just requires passing both arrays to dot in C-contiguous order*.
So to calculate dot(A.T., A) without making an extra copy:
>>> import scipy.linalg.blas as FB
>>> vx = FB.dgemm(alpha=1.0, a=A.T, b=A.T, trans_b=True)
In sum, the expression just above (along with the predicate import statement) can substitute for dot, to supply the same functionality but better performance
you can bind that expression to a function like so:
>>> super_dot = lambda v, w: FB.dgemm(alpha=1., a=v.T, b=w.T, trans_b=True)