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Durante años, Los Polivoces hicieron reír a millones de mexicanos, pero detrás de su enorme éxito se escondía una historia de amistad, talento y una separación que marcó para siempre la televisión mexicana. ¿Qué provocó el rompimiento entre Enrique Cuenca y Eduardo Manzano? En este video descubriremos los secretos, polémicas y versiones que rodearon el fin de una de las duplas más queridas de México. Hoy te cuento su historia, solo aquí en el canal de YouTube de #ElFilip. #LosPolivoces #EnriqueCuenca #EduardoManzano #ComediaMexicana #HumorMexicano #TelevisionMexicana #NostalgiaMexicana #HistoriasReales #LeyendasDeLaTV #ElFilip Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
A structural repricing of memory and silicon components is forcing a shift in the economics of hardware resale for managed service providers (MSPs) and IT service providers. This shift is driven by concentrated demand for memory components from AI infrastructure build-outs, as evidenced by data from IDC and remarks from companies including Apple, Micron, SK Hynix, and Samsung. The episode highlights that memory costs have quadrupled in a year, and that both endpoint devices and servers are experiencing durable price inflation due to component scarcity and intensified competition for supply. The most consequential development cited is Apple's acknowledgment—confirmed by Tim Cook to the Wall Street Journal—that device price increases are now “unavoidable” because the cost of memory can no longer be absorbed. Memory manufacturers' share prices rallied on this signal, reinforcing an investor consensus that higher component costs will persist. IDC data showed AI-focused, non-x86 servers using Nvidia's ARM chips generated $58.7 billion—or nearly 48% of all server revenue—up 107% year over year, while x86 server revenue declined due to DRAM and NAND shortages. This dynamic indicates that AI infrastructure is bidding up component costs at the expense of standard business hardware. Secondary developments further reinforce this mechanism. The market's response to U.S. government announcements regarding Intel chip capacity expansion demonstrates that relief from the silicon crunch remains years away, not months. Channel partners—according to industry reporting—were already pivoting from hardware resale to services prior to these price shocks, with thinning hardware margins preceding the current pressure. The combination of fixed-fee hardware contracts and rising component costs now places providers in a position where they are “short silicon,” having unknowingly absorbed inflation risk they cannot pass on under existing contractual terms. For MSPs and IT leaders, the principal operational implications center on contract structure, exposure to component price volatility, and diminished hardware margins. Providers with fixed monthly agreements or hardware-as-a-service contracts based on last year's component costs are at an increasing risk of margin erosion, as their ability to reprice is contractually limited. Practical mitigation steps include auditing all fixed-fee agreements for exposure, amending contracts to include component index or price adjustment clauses, and separating hardware as a transparent, pass-through line item. Failing to adapt contract terms or refresh timing may compound both financial risk and the security profile of client endpoints. 00:00 Not the Tokens 03:31 An Auction for the Parts 05:46 Short Silicon 07:44 Why Do We Care? Supported by: Pax8 ScalePad Sign up for the SMB Online Conference: www.smbonlineconference.com
Brian Szytel recaps a broad market sell-off led by technology and semiconductors, highlighting a nearly 10% drop in South Korea's KOSPI—an index heavily concentrated in Samsung and SK Hynix—attributed to valuation, demand shifts, and DRAM supply issues after a major run-up. He notes similar 5–10% declines in high-flying semiconductor names and emphasizes that despite real AI-driven demand and a rare reversal of decades-long chip price declines due to supply-demand imbalance, valuations still matter. On the economic front, flash PMIs were strong: manufacturing surged to 55.7, the highest in a little over four years, and services also beat expectations, supporting an improving growth backdrop tied partly to data-center CapEx. He addresses concerns about the U.S. dollar losing reserve status, arguing no viable replacement exists, citing dollar dominance in FX (90%) and global reserves (57%) versus the euro (20%). 00:00 Summer Market Check-In 00:31 Global Tech Sell-Off 01:38 Semis Valuation Reality 02:01 AI Chip Demand Shift 02:48 PMI Data Highlights 03:43 Dollar Reserve Status Fears 04:32 What Could Replace Dollar 05:53 Reserve Currency Numbers 06:32 Wrap Up and Q&A Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
Ask us a question? Send us a Message!After a 3 month hiatus, Koko and Jeff Lam are back behind the microphones and catching up on everything that happened while they were away. In this candid and entertaining episode of The Heavily Buzzed Podcast, they open up about the importance of listening to your body, prioritizing your health, and why ignoring warning signs can come at a cost.The conversation takes plenty of turns as they dive into Gen Z "icks," including the surprisingly controversial topic of not drinking alcohol, and share their thoughts on current must-watch television like Your Friends & Neighbors and the legacy of Michael's unforgettable movie and TV moments. They also take a nostalgic trip down memory lane, discussing the films that shaped their childhoods and the movies that still hold a special place in their hearts today.Along the way, Koko and Jeff explore the growing popularity of the phrase "It's Not That Deep" and why sometimes life becomes a lot easier when we stop overcomplicating every situation. From recovery and self-care to entertainment, nostalgia, and personal growth, this episode is all about finding balance, giving yourself permission to rest, and remembering that not everything needs to be a dramatic production.And of course, no episode of Heavily Buzzed would be complete without a featured spirit. This week they're sipping on the brand-new Jura 12-Year-Old Sherry Cask, a beautifully rich and surprisingly refreshing whisky packed with sweet fruit, warm spice, and sherried goodness that makes for a perfect summer dram.Pour yourself a glass, settle in, and welcome Koko and Jeff back for a conversation that's thoughtful, hilarious, and sometimes not that deep.Thanks for listening! Follow us on Instagram!Heavily Buzzed @heavilybuzzedKoko @ohh.its.kokoJeff @angryasianguy
AI's appetite for memory has turned chips into an inflationary factor. Our U.S. Public Policy Strategist Ariana Salvatore looks at what policymakers could do to reduce that pressure.Read more insights from Morgan Stanley.----- Transcript -----Ariana Salvatore: Welcome to Thoughts on the Market. I'm Ariana Salvatore, Morgan Stanley's U.S. Public Policy Strategist. Today, I'll be talking about chipflation and what policy tools can or can't be used to address the memory bottleneck. It's Wednesday, June 17th, at 10am in New York. Last week, you heard my colleague Shawn Kim talk about chipflation and the surging cost of memory. Today, I'll get into what policymakers can and can't do about it. As listeners will know, memory chips are becoming an increasingly strategic resource because AI infrastructure depends on them. And when a resource becomes strategic, governments tend to get involved. The challenge is that policy can help at the margin but probably can't solve the problem quickly. There are three reasons for that. First, many U.S. policy tools all take time. Direct subsidies, tax credits, procurement guarantees, and faster permitting are all things that can support new fabrication plants, packaging facilities, and testing capacity. But memory supply is not going to appear overnight. This new capacity has to be built, equipped, qualified, and ramped – and that process can take years. Second, China may be able to add some supply in conventional memory markets, but not enough to close the broader gap created by AI demand. That's especially true for high bandwidth memory, the more strategic type of memory for frontier AI systems. Supply there still remains highly concentrated, technically complex, and difficult to scale. Third, our base case is that U.S. policy remains more restrictive, not less. We don't expect a broad loosening of export controls given the strategic imperative of this technology. Instead, we think policymakers are likely to continue to prioritize supply chain resilience, trusted capacity, and geopolitical de-risking over the near-term price relief. Now, from a policy perspective, we think it's important to split memory into two categories. The first is AI strategic memory, high bandwidth and advanced DRAM. That's the memory that enables the most advanced AI systems. And for that reason, we think policy here is likely to focus on protecting strategic capability, limiting geopolitical vulnerability, and expanding trusted supply across the U.S. and its allied countries. The second category is commodity or legacy memory. That's the memory that you can think of as being used in autos, industrial systems, consumer electronics, and other non-frontier applications. Now here, we think policymakers could consider more flexible options, like differentiated licensing or targeted support for critical sectors. But even then, the limits are practical: permitting, workforce, tools, qualification cycles, and production lead times. China is the other major variable. Chinese producers are expanding in conventional DRAM and NAND. In some consumer-grade applications, that supply could act as a relief valve for buyers that have been crowded out by AI-related demand. But still, there are limits. Chinese producers face yield and technology gaps, even if policy is supportive. And China alone will not solve the high-bandwidth memory bottleneck. The regulatory backdrop reinforces that point.Some Chinese memory producers remain subject to U.S. restrictions or even heightened scrutiny. Access to the most advanced lithography tools also remains a hard ceiling. Without that access, scaling leading-edge memory becomes much more difficult. So, the bottom line is this: policy can mitigate chipflation, but it's unlikely to end it in the near term. For AI strategic memory, policymakers are more likely to defend access, deepen allied coordination, and encourage trusted capacity than to loosen restrictions. For commodity memory, there may be room for some targeted flexibility. But of course, geopolitics and timing still matter. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.
Estamos #NOAR! Ceará reage no fim e busca o empate com o Criciúma fora de casa pela Série B. Vem acompanhar!
Programa 16/6/26: Tenemos lo más relevante del partido Uruguay vs Arabia Saudita y te ofrecemos lo más destacado del Mundial de la FIFA 2026. Analizamos los pormenores del acuerdo de paz entre Estados Unidos e Irán. Y hablamos de El Niño en Latinoamérica.Escucha SBS Spanish / Australia en español:Por radio o Internet 7 días a la semana de 1:00 a 2:pm (AEST)Escucha también por Apple Podcasts, Spotify y YouTubeExplora nuestra extensa colección de podcasts haciendo clic aquíSíguenos en Facebook e Instagram.
Semiconductors have moved from the background of the technology stack to the center of the AI economy. What used to be a specialized industry discussed mostly by engineers and investors is now shaping the speed, cost, and strategic direction of modern computing.In this episode of TechSurge, host Michael Marks speaks with Stacy Rasgon, Managing Director and Senior Analyst covering U.S. semiconductors and semiconductor capital equipment at Bernstein Research. Stacy has spent years analyzing the chip industry across cycles, but argues that the current moment feels different in scale: AI demand has created an unprecedented scramble for compute, memory pricing has surged, and companies across the stack are being forced to rethink capacity, architecture, and capital allocation.The conversation explains the 4 different kinds of semiconductor cycles—supply, inventory, product, and demand — and why Stacy believes the industry is currently in a demand cycle of unusual magnitude. The discussion also unpacks the distinction between DRAM and NAND, why high-bandwidth memory is becoming strategically central to AI systems, and how the physical realities of wafer capacity and silicon area are constraining supply in ways the broader market often misses.Stacy and Michael also discuss the hardware economics behind the current boom, with Michael pressing Stacy on why compute remains so scarce and how companies are improving performance through packaging and system design. Michael then moves the conversation beyond market headlines to the core business questions: who is actually paying for this compute, which use cases are generating real revenue, and whether AI spending is creating durable economic value or simply shifting costs elsewhere. Together, these questions highlight two of the episode's clearest insights: coding may be one of the earliest AI applications with meaningful willingness to pay, and inference, not training, is the real test of whether the current buildout becomes a lasting business or just another expensive wave of infrastructure.Stacy explains the concentration of power among the major wafer fabrication equipment players, the rise of ASICs as a meaningful share of AI silicon, Broadcom's rapidly expanding AI opportunity, and the growing role of Chinese companies as new entrants, especially in memory and semiconductor equipment. Along the way, the conversation asks the defining question facing the sector: is this just another semiconductor upswing, or the first true supercycle the industry has seen? Stacy believes that this might be the biggest supercycle he has seen in his career.Sign up for our newsletter at techsurgepodcast.com for updates on upcoming TechSurge Live Summits and future episodes.Links:Stacy Rasgon on LinkedIn: https://www.linkedin.com/in/stacy-rasgon-6924963Bernstein: https://www.alliancebernstein.com/corporate/en/home.htmlReferences Mentioned During the DiscussionNVIDIA Blackwell Platform: https://www.nvidia.com/en-us/data-center/blackwell-platform/High Bandwidth Memory (HBM) overview from Micron: https://www.micron.com/products/memory/hbmDRAM overview from IBM: https://www.ibm.com/think/topics/dramNAND flash overview from IBM: https://www.ibm.com/think/topics/nand-flash-memoryFurther ReadingMcKinsey on the semiconductor industry outlook: https://www.mckinsey.com/industries/semiconductors/our-insights/the-semiconductor-industry-in-2025Semiconductor Industry Association: 2025 State of the U.S. Semiconductor Industry: https://www.semiconductors.orgNVIDIA on the Blackwell architecture and AI infrastructure roadmap: https://www.nvidia.com/en-us/data-center/blackwell-platform/Broadcom AI investor materials and infrastructure commentary: https://investors.broadcom.comASML on lithography and advanced chip manufacturing: https://www.asml.com/en/technologyMicron on HBM and AI memory demand: https://www.micron.com/products/memory/hbmChapters[00:00:00] — Highlights[00:00:26] — Welcome to the Episode[00:01:29] — Meet Stacy Rasgon[00:02:01] — Is This the First Real Semiconductor Supercycle?[00:05:33] — Inside the Strongest Memory Cycle in History [00:09:14] — Can Innovation Keep Up With AI Demand?[00:11:33] — Chiplets, Blackwell, and the New Economics of Compute [00:12:37] — What Could Signal the Cycle Is Slowing[00:14:26] — Vertical Integration at the Hyperscales [00:16:36] — The Difference between Apple and Meta[00:17:15] — What is Vertical Integration Being Done For?[00:18:15] — Will other bottlenecks develop as This Progresses? [00:21:13] — Oligopoly Pricing in the Market[00:22:22] — Any New Entrants into Memory?[00:23:46] — Why the Industry Must Pivot From Training to Inference[00:25:10] — Agentic Coding and the First Real AI Revenues[00:26:57] — Groq, Low-Latency Inference, and What GPUs Cannot Do Alone[00:29:28] —-Could The Smaller Companies All be Bought Up ?[00:30:19] — Why Semiconductor Equipment Matters More Than Ever [00:31:00] — How Semiconductor Equipment is Affected by the Cycle[00:32:55] — A Long Upcycle for Semiconductor Equipment Guys?[00:33:13] — The Big Five and the Rise of Chinese Equipment Players[00:34:24] — The Effects of Geopolitics[00:35:02] — Broadcom's Quiet AI Breakout[00:40:46] — ASICs vs GPUs and the Next Wave of Custom Chips[00:41:06] — Intel, Foundry Strategy, and the Long Turnaround[00:46:46] —-The Risks the Market May Still Be Underestimating[00:49:32] — Where Startups Still Have Room to Win[00:50:39] — What the Semiconductor Industry Could Look Like Next Year
If you think launching an ETF sounds like a great business, Eric Balchunas is here to explain why it might be the most brutal competitive arena in finance — and which products are actually winning in 2026.Pierre Daillie sits down with Eric Balchunas — Senior ETF Analyst at Bloomberg Intelligence, co-host of the Trillions podcast, and author of The Bogle Effect — for an unflinching tour of the ETF Terrordome. Eric maps the structural forces that make ETF success so elusive: Vanguard and BlackRock together capturing 60% of all flows, over 2,000 funds trapped below the $50M zombie line, and a liquidation rate that could hit one-in-three. He unpacks his three C's of ETF survival (Cheap, Creative, or Cabernet), breaks down why legacy active managers finally found their footing by lowering fees, and explains the DRAM phenomenon — a memory chip ETF that reached $15 billion in 60 days by solving a real access problem. The conversation moves into Eric's 26 for '26 ETFs to Watch list, covering uranium mining, auto callable ETFs, laddered buffer strategies, and the growing derivative income space. Balchunas also shares his thesis on why the "Vanguard bid" and government backstops have fundamentally changed how markets absorb sell-offs — and why Bogle may be the most underrated behavioral economist in investing history.⏱ Chapters00:00 — Introduction: Welcome to the Terrordome 03:30 — What the Terrordome actually means: fees, distribution, and the Vanguard effect 06:30 — BlackRock vs. Vanguard: the fee war that reshaped an industry 08:00 — The three C's of ETF success: Cheap, Creative, or Cabernet 10:00 — The $100M threshold: zombies, middle class, and breakout hits 13:00 — Active managers finally get it right (Capital Group, JP Morgan, DFA, Avantis) 15:00 — DRAM: the $15B ETF that came out of nowhere 17:00 — BlackRock & Vanguard as the new IBM for advisors 21:00 — Why advisors choose index over active: the blame problem 25:00 — 26 for '26: Eric's ETF Watch List highlights (URNM, CAIE, buffer ETFs) 28:00 — Auto callables, covered calls, and the derivative income boom 31:00 — Mag Seven concentration: Bessembinder, antitrust, and the hoovering of small caps 36:00 — Managed futures, portable alpha, and return stacking 39:00 — The Vanguard bid: why sell-offs don't cascade anymore 41:00 — The Bogle Effect: Jack Bogle as the father of good investor behavior 43:00 — Where to find Eric: Trillions podcast, ETF IQ on Bloomberg TV, X & LinkedIn #ETF #ETFs2026 #EricBalchunas #BloombergIntelligence #ETFInvesting #PassiveInvesting #ActiveETF #Vanguard #BlackRock #IndexFunds #ETFIndustry #Terrordome #TheBogleEffect #CoveredCallETF #BufferETF #AutoCallable #ManagedFutures #PortableAlpha #UraniumETF #DRAM #Trillions #InsightIsCapital #WealthManagement #AdvisorInvesting #InvestmentStrategy #FinancePodcast
Peter ringer fra Goldmans hedgefondsymposium i Cannes, med en 220 meter lang yacht utenfor vinduet som egentlig er et cruiseskip.Det blir bildet på uka: SpaceX noteres til rundt 500 ganger omsetningen på 4,7 milliarder dollar, og en kryptobørs ved navn Hyperliquid hadde priset selskapet riktig før det i det hele tatt åpnet. Peter forklarer hvorfor en slik pris ankrer alt annet, og hvorfor det eneste vi egentlig vet, er prisen.Pluss: jakten på skjulte signaler i data, der snøfall på Røros kan henge sammen med minnebrikker i Taiwan, og hva du faktisk får for én time GPU-compute til 60 dollar. Og en avtale mellom Trump og Iran som fortsatt ikke er signert.00:00 Goldman i Cannes og yachten som egentlig er et cruiseskip00:13 SpaceX-noteringen og Hyperliquid: børsen som priset den før åpning00:17 SpaceX til 500 ganger omsetningen, og prisen som ankrer alt annet00:27 Det eneste vi vet er prisen: forward P/E forklart00:32 Trump, Iran og avtalen som ikke er signert00:38 Ukens tall: Nikkei, DRAM og Europas dyreste strøm00:42 Snøfall på Røros og minnebrikker i Taiwan: jakten på signalet00:56 425 000 dollar eller 60 i timen: hva én time med compute gir deg01:03 Å styre systemer du ikke selv forstår: avmystifisering av finans01:12 PE-likviditetspremien, Charlie Biellos SpaceX-undersøkelse og ukens sitat Hosted on Acast. See acast.com/privacy for more information.
Meer weten over de mogelijkheden bij Saxo Bank? Klik dan op deze link: https://refer.saxo/DeAandeelHouderMeer info over de mogelijkheden bij Kraken? Ga naar:https://www.kraken.com/nl-nl/ Boek Buffett & Co bestellen? https://www.borgerhoff-lamberigts.be/shop/boeken/buffett-coKortingscode: AANDEELHOUDERLid worden van de aandeelhouder? Ga naar: https://www.deaandeelhouder.nl/premium/ Nu lid worden van DeAandeelhouder Pro? Ga naar:https://www.deaandeelhouder.nl/login/?redirect_to=https://www.deaandeelhouder.nl/mijn-account/pro/Lid worden van ProBeleggen? Ga naar: https://www.probeleggen.nl/aanmelden/registreren/ In de wekelijkse podcast van DeAandeelhouder ontvangt Nico Inberg diverse experts uit de financiële wereld om te praten over de beurs, beleggen en aandelen. Deze week verwelkomen wij Marc Langeveld van Antaurus Capital Management. Onderwerpen die aan bod komen zijn SpaceX, ASML, Besi, Oracle, Kinepolis, Adyen & nog veel meer!Volg DeAandeelhouder op andere kanalen:Website: https://www.deaandeelhouder.nl/ Twitter (X): https://twitter.com/deaandeelhouderTikTok: https://www.tiktok.com/@deaandeelhouderInstagram: https://www.instagram.com/deaandeelhouder/Facebook: https://www.facebook.com/DeAandeelHouder/LinkedIn: https://www.linkedin.com/company/de-aandeelhouder-nl/Tijdslijn:00:00 - 06:05 Opening06:05 - 12:30 Verbazing van de week12:30 - 14:03 Olieprijs + Trump14:03 - 22:48 Hyperscalers22:48 - 26:30 Software 26:30 - 31:40 Dram & geheugenchips31:40 - 34:30 Kinepolis34:30 - 41:43 Adyen41:43 - 49:25 SpaceX49:25 - 56:35 ASML56:35 - 58:42 Aalberts58:42 - 1:01:30 Basic-Fit1:01:30 BesiOntvang al onze exclusieve analyses, video's en beurscontent:https://www.deaandeelhouder.nl/premium/Bekijk het software rapport:https://www.deaandeelhouder.nl/columns/welke-software-aandelen-verdienen-de-koersdaling-en-welke-niet/Met een premium abonnement krijgt u wekelijks exclusieve video's en uitleg over potentieel koopwaardige aandelen, regelmatig artikelen met tips om op een verstandige manier met uw geld om te gaan, verder krijgt u tweewekelijks toegang tot de chatsessie met Nico Inberg en als klap op de vuurpijl krijgt u iedere zaterdag ons online magazine. Een kleine investering, voor een veel mooier rendement.
The desk at RBC Capital Markets that sits behind 90% of Canada's ETF market has a view of where flows are really going — and it's not what most advisors expect.Pierre Daillie sits down with Valerie Grimba, Head of Global ETF Strategy at RBC Capital Markets, for a wide-ranging conversation about the forces quietly reshaping how Canadian advisors build portfolios. Valerie's team serves as designated broker to roughly 300 ETF mandates and acts as authorized participant across the majority of the Canadian ETF market — giving her a real-time, flow-level view of investor behaviour that almost nobody else has. From the structural fracture that 2022 opened in the 60/40 model, to the liquidity misconceptions her desk corrects every single day, to the explosive rise of asset allocation ETFs, covered call strategies, AAA CLOs, and precision thematic plays, this conversation covers the full terrain of where the ETF market stands today — and where it is heading.CHAPTERS00:00 — Introduction: The 60/40 failure and Canada's ETF rebuild 02:11 — Valerie's career arc: Bear Stearns, New York, New Zealand, RBC 04:21 — How the RBC ETF market making desk actually works 05:36 — What a designated broker does — and why it matters 08:18 — Flash crashes, Liberation Day, and ETFs as a release valve 10:08 — The RBC market view: yellow flags, narrow breadth, and a 12–18 month outlook 13:29 — How ETF flows changed: from net outflows in risk-off to rotation 14:05 — Gold: zero correlation, the incongruent timing, and the 2026 outlook 15:40 — Higher for longer: what advisors are missing about the rate environment 17:46 — How 2022 changed advisor behaviour and launched a new ETF ecosystem 21:49 — Covered call ETFs: what advisors are still getting wrong 24:19 — Retail vs. institutional: why retail has been outperforming 25:20 — Private assets in an ETF wrapper: the square peg, round hole problem 31:11 — What RBC looks for before taking on a designated broker mandate 32:28 — The Pac-Man of Canadian ETF flows: asset allocation ETFs 36:29 — CAGE, XEQT, FBAL: who is actually buying all-in-one ETFs 38:58 — TLT as widowmaker and the search for yield without duration risk 40:36 — AAA CLOs, active fixed income, and aggregate bond ETFs 43:07 — CTAs, trend following, and the rise of alternatives in Canada 44:30 — Why GIC sectors are becoming antiquated — and what's replacing them 45:48 — DRAM, memory chips, and the new thematic precision playbook 47:11 — Single stock ETFs: access, covered call overlays, and trade-offs 49:07 — The #1 ETF liquidity misconception — and the three layers advisors need to know 53:28 — Best execution practices: limit orders, timing, and when to call the desk #ETF #CanadianETF #ETFInvesting #PortfolioConstruction #CoveredCallETF #AssetAllocation #XEQT #FixedIncome #AlternativeInvestments #WealthManagement #FinancialAdvisor #InvestmentStrategy #ETFLiquidity #RBCCapitalMarkets #MarketOutlook #ThematicETF #PassiveInvesting #ETFTrading #InsightIsCapital #AdvisorAnalyst
The Head of our Europe and Asia Technology Team, Shawn Kim, explains how AI's appetite for memory chips is boosting the cost of everything from data centers to smartphones, with consequences that may reach far beyond the tech industry.Read more insights from Morgan Stanley.----- Transcript -----Shawn Kim: Welcome to Thoughts on the Market. I'm Shawn Kim, Head of Morgan Stanley's Europe and Asia Technology Team. Today, we're talking about chipflation – when memory chips stop getting cheaper over time, and become more expensive and even harder to find. It's Monday, June 8th, at 3pm in London.Memory chips are easy to ignore, until your laptop slows down, your phone costs more, or your cloud bill jumps. Memory is the computer's workspace. It holds whatever the machine needs at that moment, whether that is a web search, a video, a spreadsheet, or an AI model answering a question. DRAM is the fast memory inside servers, PCs and phones. NAND is what stores files in solid-state drives. And HBM, or high bandwidth memory, is the high-performance version sitting right next to the AI chip, helping them move huge amounts of data quickly. That last one – HBM – is key because AI has become intensely memory hungry. Memory prices have risen more than six-fold over the last year, a sharp break from decades when the cost of DRAM generally kept falling. The pressure is coming from AI infrastructure buildouts. We see servers accounting for 59 percent of DRAM demand by 2028, up from 37 percent in 2023. We also see enterprise solid-state drives reaching 65 percent of NAND demand, up from 18 percent. And simply put, data centers are taking a much bigger share of the memory pie. AI memory use is climbing fast, and at every scale. A newer AI chip uses 7.2 times more HBM than earlier generations. A full system uses about 65 times more. Across an entire AI data center buildout, the jump gets even bigger. HBM has gone from roughly 10 terabytes in 2020 to about 18 petabytes in 2026, orders of magnitude more. This demand is running into a supply chain that cannot respond quickly. New memory capacity takes years to build, qualify and ramp up. Supply relief is a process, not a switch. And that creates a two-tier market. Large AI and cloud buyers can sign long-term agreements, prepay and secure priority access. Traditional buyers, including PC makers, smartphone makers and industrial hardware companies, must compete for what remains. This impacts everyday products. In 2027, we see PC memory demand potentially facing a 15 percent shortfall, equivalent to about 58 million PCs. Smartphones could face a 12 percent shortfall, equivalent to about 134 million units. Companies may have to raise prices, cut specifications, delay launches, and accept lower profits. The dollar numbers are striking. We see the memory market growing from about $220 USD billion in 2025 to about $890 billion in 2026. Expectations for 2026 memory revenue rose 71 percent in just three months. That implies roughly $600 USD billion of incremental memory revenue in 2026, more than the annual market for smartphones, PCs, or servers, each taken on its own. The broader economy may not see a significant direct inflation shock. We estimate the direct impact on headline CPI at about 0.1 percent in 2026. But pressure is showing up in producer prices, in corporate margins, cloud costs, capital spending plans and delayed technology upgrades. AI has turned memory from the cheapest part of the digital economy into one of its most contested resources. These tiny chips most people never think of may now decide what gets built or delayed, and how much we all end up paying. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.
Frederico Francisco desvaloriza o susto com a fuga de ar na Estação Espacial. O engenheiro aeroespacial explica que, numa estrutura complexa, as fugas são quase inevitáveis.See omnystudio.com/listener for privacy information.
เกาหลีใต้ “กำลังรวยเร็วสุด” ในประวัติศาสตร์ประเทศในปีนี้ | ลงทุนแมนจะเล่าให้ฟัง เกาหลีใต้ “กำลังรวยเร็วสุด” ในประวัติศาสตร์ประเทศในปีนี้ และสิ่งที่สำคัญที่สุดของเกาหลีตอนนี้ ไม่ใช่ซีรีส์ แต่คือ “DRAM” ที่มีเพียงแค่ 2 บริษัท ที่ลากประเทศ นี่คือสิ่งที่คุณควรรู้.. ลองนึกภาพตลาดหุ้นทั้งประเทศ ที่ขึ้นเป็น “เท่าตัว” ภายในเวลาไม่ถึงครึ่งปี นี่ไม่ใช่เรื่องสมมติ แต่คือสิ่งที่กำลังเกิดขึ้นจริง ๆ ที่ประเทศเกาหลีใต้ ในปี 2026 ต้นปี ดัชนี KOSPI อยู่ที่ราว 4,300 จุด วันที่ 1 มิถุนายน 2026 ดัชนีทะลุ 8,700 จุด ทำจุดสูงสุดเป็นประวัติศาสตร์ เท่ากับว่าตลาดหุ้นเกาหลี บวกไปกว่า 100% ตั้งแต่ต้นปี คำถามคือ อะไรทำให้ตลาดหุ้นของทั้งประเทศ ร้อนแรงขนาดนี้ ? คำตอบสั้น ๆ คือ ชิปความจำที่เรียกว่า “DRAM” แล้วเหตุการณ์นี้เกิดขึ้นได้อย่างไร… ลงทุนแมนจะเล่าให้ฟัง
Kevin Mack, the new president of Via Licensing Alliance, joins Eli for the Clause 8 season finale.Kevin talks about Via's plans to build its next patent pools around "de facto" standards — technology the market adopted on its own, with no standards body behind it — which would push collaborative licensing into territory it has never touched. Mack also takes a hard look at the royalty-free models spreading through tech and AI, from AV1 to the new Shared AI License Foundation (SAIL), argues that "free" rarely stays free, and explains why he's optimistic about where the patent system is heading.Kevin and Eli also discuss:*Via's model and the "tipping point" that turns a pool from a few licensors into thousands of licensees*"De facto" standards: pooling patents for technology no standards body ever blessed*Leadership turnover at Via, the HEVC pool's move to Access Advance, and a new strategy-and-growth group*The push into semiconductors, including a new DRAM memory program*AV1, SAIL, and why Mack thinks royalty-free rarely stays free*Whether AI patents are as "foundational" as advertised — and why "AI is not new"*Efficient infringement, patents as property rights, and why companies ultimately take a license*The mood out of Via's Rome summit and a US patent system tilting back toward ownersNotable names, companies & standardsPeople: Kevin Mack (president, Via Licensing Alliance); Heath Hoglund (former Via president); John Amster (Jamster Capital; RPX co-founder)Organizations: Via Licensing Alliance (Via LA), MPEG LA, Dolby, Access Advance, Alliance for Open Media, Shared AI License Foundation (SAIL), WIPO (PatentScope), DOJ, USPTOSAIL founders / board (public): Anthropic, Genentech, IBM, Meta, Microsoft; board observers eBay and TD Bank Group; members include Block and FigmaStandards & technologies: AAC, AVC (H.264), HEVC (H.265), AV1, MPEG-2, Qi wireless charging, DRAM memory, SEP / FRANDDisclaimer This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.voiceofip.com
Patrick Moorhead and Daniel Newman cover Daniel's acquisition of Enterprise Technology Research, IBM's historic $15 billion single-day commitment spanning quantum and open-source security, Anthropic's Claude Opus 4.8, and the heaviest single earnings night of the season featuring Dell, Marvell, Salesforce, Synopsys, Snowflake, HP, and Micron crossing $1 trillion in market cap. The handpicked topics for this week are: Anthropic Releases Claude Opus 4.8: Six Weeks After 4.7 Anthropic dropped Opus 4.8 just six weeks after 4.7, claiming it surpasses GPT-5.5 and Gemini 3.1 Pro on agentic coding, knowledge work, and computer use. Benchmark improvements across the board: agentic coding up from 64.3% to 69.2%, knowledge work from 1753 to 1890, agentic computer use from 82.8% to 83.4%. Three new features ship alongside it: Dynamic Workflows for multi-subagent orchestration inside Claude Code, Effort Control for managing token spend, and mid-task system messages via the API. Fast mode is now 2.5x faster and 3x cheaper. Pat's honest take: what it says on paper is good, particularly on tool triggering and citation precision, but he has lost significant trust in the company and is watching closely. (The Decode) IBM Commits $10 Billion to Quantum: The Largest Single Quantum Bet in History IBM announced a $10 billion commitment over five years targeting a large-scale fault-tolerant quantum computer by 2029, landing the same day as the $5 billion Project Lightwell announcement for a single-day IBM strategic commitment of $15 billion. Pat has been calling 2029 to 2031 as the realistic commercial quantum window and calls this the strongest single corporate financial signal yet that the timeline is real. Daniel's framing: IBM wants to be the NVIDIA of quantum, and with a $10 billion commitment, it's sending a flare to the entire industry that pure-play quantum companies cannot compete at this balance sheet level. (The Decode) IBM and Red Hat Launch Project Lightwell: $5B to Secure Open-Source Software IBM and Red Hat committed $5 billion and a global force of 20,000 engineers to secure open-source software for enterprises through frontier agentic AI, anchored by 11 of the largest US and Canadian banks including Bank of America, Goldman Sachs, JPMorgan Chase, Mastercard, and Visa. Pat's read: this is the productization answer to Anthropic Mythos. Mythos found the vulnerabilities. Lightwell is the industrial-scale patching and validation layer enterprises can actually buy on a subscription. Daniel adds that IBM is flexing its engineering talent base as a premium strategic asset, a direct counter to the narrative that AI replaces engineers. (The Decode) Anthropic Project Glasswing: 23,000 Vulnerabilities Found Across 1,000 OSS Projects Anthropic's Claude Mythos scanned more than 1,000 widely deployed open-source projects and surfaced approximately 23,000 candidate vulnerabilities, with 1,094 confirmed as critical severity. The Cyber Verification Program now gates the strongest cyber-capable Claude variant behind vetted defenders only. While the tool creates real value, the surface of attack will likely grow as fast as any tool built to defend it. (The Decode) Anthropic in Talks to Run Claude on Microsoft Maia 200 CNBC and The Information reported Microsoft is in active negotiations to supply Anthropic with its custom Maia 200 inference chip, which would make Anthropic the only frontier lab simultaneously running production workloads on four distinct silicon stacks: NVIDIA, AWS Trainium, Google TPU, and Microsoft Maia. Pat's context: Maia 200 delivers 30% better tokens per dollar than the latest Azure fleet per Satya Nadella, and this deal would be Maia's first major external deployment. Daniel's read: what can be built will be sold right now, and Anthropic chasing every available compute source is simply the structural reality of growing at 80x when you planned for 10x. (The Decode) The Flip: Is AI CapEx Too Expensive to Earn Its Return? Pat takes the affirmative. With $725 billion in hyperscaler CapEx tracking for 2026, likely $1 trillion next year, memory has become the choke point making it even more expensive, and open-source models have closed enough of the quality gap for most enterprise tasks that the premium of frontier APIs is increasingly hard to justify. A recent Signal65 white paper shows on-prem payback at 18 months. Daniel's counter: Dell just booked $24 billion in AI orders in a single quarter. Agentforce crossed $1 billion ARR at 169% growth. NVIDIA guided to $91 billion. Only 20% of enterprises are using AI and only 2% of consumers. Both hosts admitted off the flip their notes looked nearly identical. (The Flip) Micron Crosses $1 Trillion Market Cap Micron became the 12th US company ever to cross $1 trillion in market cap, surging 19% on May 26th as UBS raised its price target to $1,625, implying a $1.8 trillion market cap. Samsung's Q1 memory ASP jumped 146% year over year. DRAM spot prices spiked 55 to 60% quarter over quarter. Daniel has been pounding this call since sub-$100 and calls it a cycle elongated beyond anything seen in the 27 prior memory cycles, driven by HBM capacity reallocation away from consumer DRAM creating structural shortage. (Bulls and Bears) Dell Technologies Q1 FY27: The Biggest Enterprise AI Infrastructure Print of 2026 Record $43.8 billion revenue, up 88% year over year, crushing the $35.7 billion consensus by $8 billion. AI-optimized servers at $16.1 billion, up 757% year over year. $24.4 billion in AI orders booked in a single quarter. FY27 AI server revenue guide raised from $50 billion to $60 billion. Non-GAAP EPS of $4.86 beat the $2.96 consensus by 64%. Stock up 18% after hours. Pat's framing: Dell was very clear about what they were going to do. Rack engineering, sales, and service. The basics. And they executed the basics at an extraordinary level while building a special relationship with NVIDIA who views Dell as a market maker for both enterprise and NeoCloud. Daniel's add: play nice and win. Michael Dell navigated the political landscape brilliantly and pulled the entire Dell brand along with him. (Bulls and Bears) Marvell Technology Q1 FY27: Record Revenue, Data Center at 76% of Mix Record $2.418 billion revenue, up 28% year over year. Data center at $1.833 billion, up 27% year over year, now 76% of total revenue. Q2 guide of $2.7 billion at midpoint accelerates growth to 35% year over year. Operating cash flow a record $638.8 million. Daniel went on TV and said it's "written in the stars," arguing the market had misunderstood this one for too long by conflating its custom AI ASIC story with the full breadth of its connectivity and networking portfolio. Pat's closing: the shorts are eating it now and the custom AI ASIC versus merchant GPU debate is finally settling into the right answer, which is both in lockstep. (Bulls and Bears) Salesforce Q1 FY27: Agentforce Crosses $1 Billion ARR Revenue $11.13 billion, up 13% year over year. Non-GAAP EPS of $3.88 crushed the $3.12 consensus by 24%. Agentforce ARR crossed $1 billion, up 169% year over year, with 28.6 trillion tokens processed, up 152% quarter over quarter. 50% of Agentforce bookings came from existing customers expanding. Daniel flagged the $25 billion accelerated buyback funded by new debt as an interesting signal worth watching. Pat's bottom line: it's not perfect, but certainly no "SaaSpocalypse" in those numbers. (Bulls and Bears) Synopsys Q2 FY26: First Full Quarter With Ansys Integrated Revenue $2.276 billion, up 42% year over year, beating consensus. Non-GAAP EPS of $3.35 beat $3.15. FY26 guide raised to $9.665 billion midpoint. Daniel's framing: every chip runs through Synopsys tools, and the Ansys addition makes it the full-stack co-design platform Jensen Huang keeps talking about. Synopsys is not just the pick and shovel of current AI silicon. It is the pick and shovel of quantum, robotics, and space as well. (Bulls and Bears) Snowflake Q1 FY27: Strongest Sequential Dollar Growth in Company History Product revenue $1.33 billion, up 34% year over year, the strongest sequential dollar growth in Snowflake history. Net revenue retention 126%. FY27 product revenue guide raised to $5.84 billion. Natoma acquisition announced for secure agentic enterprise connectivity. New $6 billion multi-year AWS commitment. Daniel's closing: proprietary unique data is the real moat of the agentic era, and that data has to live somewhere. It is going to go to platforms like Snowflake. (Bulls and Bears) HP Inc. Q2 FY26: Eight Straight Quarters of Growth With AI PCs at 44% of Shipments Revenue $14.4 billion, up 9% year over year, the company marks its eighth consecutive quarter of top-line growth. Non-GAAP EPS of $0.86 beat the prior guide. Personal Systems at $10.2 billion, up 13%, with 30% operating profit growth. AI PCs jumped from 35% to 44% of shipments quarter over quarter, with HP guiding to 60 to 70% next fiscal year. FY26 EPS guide raised. Pat's note: they still need a permanent CEO, which would help investors sleep better at night. Daniel's add: the real explosive moment for device companies comes when AI moves to the edge and enterprises shift from expensive frontier model consumption to on-device inference. (Bulls and Bears) Everpure Q1 FY27: Record Revenue, Rebrand Complete Record revenue of $1.1 billion, up 35% year over year. Product revenue $577 million, up 55%. Subscription ARR at $2 billion. FY27 guide raised to $4.41 to $4.51 billion. Pure Storage officially completed its rebrand to Everpure. Daniel's emerging thesis: the agentic era has focused enormous attention on memory and compute, but after the inference runs, the data has to sit somewhere. Storage has not seen its full inflection yet and Everpure is well positioned when that wave arrives. (Bulls and Bears) The Decode Anthropic Releases Claude Opus 4.8 May 28 https://techcrunch.com/2026/05/28/anthropic-releases-opus-4-8-with-new-dynamic-workflow-tool/ IBM Commits $10B Over Five Years to Quantum Computing the Same Day as $5B Project Lightwell, Bringing IBM's One-Day AI https://www.barrons.com/articles/ibm-stock-quantum-computing-aafbb1eb IBM + Red Hat Announce Project Lightwell https://newsroom.ibm.com/2026-05-28-ibm-and-red-hat-commit-5-billion-to-redefine-the-future-of-open-source-in-the-ai-era Anthropic Project Glasswing / Claude Mythos Finds 23,000 Potential Vulnerabilities Across 1,000+ Open-Source Projects https://www.securityweek.com/anthropic-mythos-detected-23000-potential-vulnerabilities-across-1000-oss-projects/ Anthropic Negotiating to Run Claude on Microsoft's Maia 200 AI Chips https://www.cnbc.com/2026/05/21/anthropic-microsoft-maia-200-ai-chip.html OpenAI + Anthropic Walk Back the AI Jobs Apocalypse Ahead of IPOs https://finance.yahoo.com/sectors/technology/articles/ai-chiefs-walk-back-job-193605798.html https://x.com/RiskCentre/status/2059397756016611668 The Flip Is AI Capex Becoming Too Expensive to Earn Its Return — and Will the Result Be a Forced Shift to Open-Source and Smaller Use-Case-Specific Models, or a Continued $725B+ Hyperscaler Buildout That Vindicates the Capex on Productivity Gains? FOR: The shift is to open-source + smaller use-case-specific models with better token economics, not away from AI https://x.com/danielnewmanUV/status/2059822712122400975 DeepSeek 75% permanent price cut + Anthropic Claude Code restriction reversal https://www.buildfastwithai.com/blogs/ai-news-today-may-26-2026 $190B Microsoft capex + $725B+ aggregate hyperscaler capex with no analog ROI yet https://www.buildfastwithai.com/blogs/ai-news-today-may-26-2026 AGAINST: Salesforce Agentforce ARR crossed $1B this quarter on 28.6T tokens processed https://www.stocktitan.net/sec-filings/CRM/8-k-salesforce-inc-reports-material-event-3b8ead2852bb.html Lenovo +105% AI revenue, +84% Q4; Dell $43B AI backlog: the AI infrastructure flywheel is converting capex to revenue today https://investor.marvell.com/news-events/press-releases/detail/1023/marvell-technology-inc-reports-first-quarter-of-fiscal-year-2027-financial-results NVIDIA $91B Q2 guide + $1T Blackwell+Vera Rubin CY25-CY27 reaffirmed https://www.cnbc.com/2026/05/20/were-raising-our-price-target-on-nvidia-after-another-knockout-quarter-and-guide-.html DeepSeek + Chinese price war is a Chinese export-controls story, not a US economic ceiling story https://www.cnbc.com/2026/05/21/anthropic-microsoft-maia-200-ai-chip.html Bulls & Bears Micron (NASDAQ: MU) Crosses $1 TRILLION Market Cap for the First Time https://www.cnbc.com/2026/05/26/micron-stock-trillion-market-cap.html Dell Technologies Q1 FY27 ACTUALS https://www.cnbc.com/2026/05/28/dell-q1-earnings-report-2027.html Marvell Technology Q1 FY27 ACTUALS https://investor.marvell.com/news-events/press-releases/detail/1023/marvell-technology-inc-reports-first-quarter-of-fiscal-year-2027-financial-results Salesforce CRM Q1 FY27 ACTUALS https://investor.salesforce.com/financials/quarterly-results/ Synopsys SNPS Q2 FY26 ACTUALS https://investor.synopsys.com/events-and-presentations/events/event-details/2026/Q2-Fiscal-Year-2026-Earnings/default.aspx Snowflake SNOW Q1 FY27 ACTUALS https://www.businesswire.com/news/home/20260527027931/en/Snowflake-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-2027 HP Inc. HPQ Q2 FY26 ACTUALS https://finance.yahoo.com/markets/stocks/articles/hp-q2-earnings-call-highlights-230459161.html Everpure (NYSE: P, formerly Pure Storage) Q1 FY27 ACTUALS https://investor.salesforce.com/financials/quarterly-results/ Synopsys SNPS Q2 FY26 ACTUALS https://investor.synopsys.com/events-and-presentations/events/event-details/2026/Q2-Fiscal-Year-2026-Earnings/default.aspx Snowflake SNOW Q1 FY27 ACTUALS https://www.businesswire.com/news/home/20260527027931/en/Snowflake-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-2027 HP Inc. HPQ Q2 FY26 ACTUALS https://finance.yahoo.com/markets/stocks/articles/hp-q2-earnings-call-highlights-230459161.html Everpure (NYSE: P, formerly Pure Storage) Q1 FY27 ACTUALS https://www.prnewswire.com/news-releases/everpure-announces-first-quarter-fiscal-2027-financial-results-302783502.html
We often associate Taiwan with chips. Taiwanese chips. It's their thing right? But Taiwan's strength is actually only in logic chips. In the industry's other big sector, memory and DRAM memory in particular, Taiwan is second-tier. Hardly a player. It's not that the Taiwanese haven't tried to break into DRAM before. In fact, they spent billions trying for two decades. They just keep losing at it over and over again. In this video, we look at Vanguard, TI-Acer, Taiwan Memory Corporation and Taiwan's DRAM failure.
We often associate Taiwan with chips. Taiwanese chips. It's their thing right? But Taiwan's strength is actually only in logic chips. In the industry's other big sector, memory and DRAM memory in particular, Taiwan is second-tier. Hardly a player. It's not that the Taiwanese haven't tried to break into DRAM before. In fact, they spent billions trying for two decades. They just keep losing at it over and over again. In this video, we look at Vanguard, TI-Acer, Taiwan Memory Corporation and Taiwan's DRAM failure.
Cette semaine : 007: First Light, Marathon - Nightfall (Saison 2), The Witcher 3 - Songs of the Past, Call of Duty: Modern Warfare 4, Destiny 2 en mode maintenance, MindFocuser, Obsidian + Notebook Navigator + Ulysses + Scrivener, Taphouse, Captain's Deck, Rooster, Boards of Canada - Inferno, Nvidia et le gaming PC, et Corsair se met à la DDR5 chinoise. Lisez plutôt Torréfaction #373 : Marathon S2, 007: First Light, CoD: Modern Warfare 4, DLC pour The Witcher 3, plein d'apps pour écrire, et le DRAM de la RAM avec sa vraie mise en page sur Geekzone. Pensez à vos rétines.
Il fermo nazionale dell autotrasporto previsto dal 25 al 29 maggio è stato sospeso dopo l'incontro di venerdi 22 Maggio a Palazzo Chigi fra Governo e associazioni di categoria. La protesta era nata per l'aumento dei costi del carburante, con il gasolio passato in meno di due mesi da 1,70 a oltre 2,10 euro al litro, e per gli effetti considerati insufficienti del taglio generalizzato delle accise. Dal confronto con l'esecutivo è arrivato un pacchetto da circa 300 milioni di euro sotto forma di credito d imposta per compensare parte dei rincari sostenuti dalle imprese nei mesi di marzo, aprile e maggio rispetto ai prezzi medi di febbraio: non uno sconto diretto alla pompa, ma un ristoro fiscale per alleggerire l impatto del caro diesel sui bilanci delle aziende. Ne abbiamo parlato con Claudio Donati, segretario generale di Assotir. Semiconduttori: da inizio anno rally del 72%. Ma BOFA dice non è BollaLa domanda esplosa dei data center e degli hyperscaler globali ha fatto impennare i prezzi delle DRAM e consolidato il potere contrattuale dei produttori, oggi sostenuti da accordi pluriennali con i grandi operatori tecnologici. E se la domanda cresce, l'offerta si adegua. Nel suo ultimo State of Union sull'industria dei semiconduttori, Bank of America ha rivisto al rialzo in modo significativo le proprie previsioni relative alle dimensioni del mercato globale dei semiconduttori. La banca prevede che il mercato potenziale complessivo dei semiconduttori raggiungerà circa mille e trecento miliardi di dollari entro il 2026 (rispetto alla precedente previsione di mille miliardi di dollari), per arrivare a circa 2mila miliardi di dollari entro il 2030. Il rapporto sottolinea che l'intelligenza artificiale (IA) e i data center (compresi i sistemi di elaborazione, le reti e lo storage) saranno i principali motori di crescita, mentre il settore industriale (rifornimento delle scorte e robotica) fungerà da motore secondario. E a proposito del rischio "bolla" nel suo report BOFA scrive: "L'intelligenza artificiale ha ancora forza strutturale. Il peso dei semiconduttori negli indici di borsa è di circa il 18% nell S&P500 ed è vero che aumenta la sensibilità macroeconomica del mercato. Ma il movimento è guidato dagli utili, il rapporto prezzo/utili da qui ai prossimi 12mesi è di 1:25, sostanzialmente inalterato da inizio anno ed è ancora sotto i precedenti picchi. Ci sono poche evidenze di un'inflazione speculativa dei multipli, elemento che supporta la secolarità del really nel contesto della crescita strutturale A.I."Il commento di Filippo Diodovich Senior analyst di IG Sanchez a Roma. Italia e Spagna a confronto: a cosa si deve il miracolo di MadridLe tensioni geopolitiche in corso, dalla guerra in Ucraina ai dazi imposti dagli Stati Uniti e ora lo shock energetico determinato dall attacco israelo-americano all Iran, stanno avendo come del resto in tutti i paesi europei conseguenze pesanti sull economia italiana. Lo attestano le stime della Commissione europea che collocano la crescita per l Italia allo 0,5% quest anno e allo 0,6% il prossimo, con rischi evidenti di ulteriori revisioni al ribasso. Ma se si scorrono dati e tabelle del Rapporto annuale dell Istat, se ne trae la conclusione che il problema della bassa crescita nel nostro Paese è di lunga durata, come emerge dal confronto con le principali economie europee, e soprattutto con quella spagnola. Da tempo si parla di miracolo spagnolo per le indubbie performance messe a segno da Madrid. È effettivamente tale? L Istat rileva in particolare che tra il 2022 e il 2025 la crescita del Pil ha raggiunto il 9% in Spagna, a fronte del 2,3% in Italia. Un risultato che riflette «una maggiore capacità dell economia spagnola di generare una crescita più sostenuta della domanda interna e dell attività produttiva, anche attraverso incrementi della produttività e un maggiore orientamento verso settori a tecnologia più avanzata, specialmente nei servizi». Vi è senza dubbio dietro queste cifre l effetto della regolarizzazione degli immigrati irregolari. Del resto la principale fonte di immigrati in Spagna è l America latina, dove si parla lo spagnolo. Poi si registra il traino dei servizi e del Pnrr. Nel periodo 2022-2025 in Spagna si è registrata una crescita da consumi ed esportazioni pari rispettivamente a 6,8 e 3,6 punti percentuali, rispetto al 2,2 e 0,2% messo a segno in Italia nello stesso periodo. In sostanza in Spagna si evidenzia un maggiore dinamismo dei consumi delle famiglie che secondo l Istat è riconducibile sia a fattori demografici sia a una crescita sostenuta dei redditi reali. Ma ancora una volta su questa fondamentale componente demografica un effetto predominante lo si deve all aumento della popolazione spagnola tra i 15 e i 64 anni (+4,6% tra il 2022 e il 2025), superiore a quello italiano (+1,6%, grazie alla forte espansione della componente degli stranieri regolari (+22,3% contro il +4,6% in Italia). Chiediamo chiarimenti al collega Dino Pesole che ne ha scritto nei giorni scorsi.E' stato ospite a Focus Economia Dino Pesole, editorialista del Sole 24 Ore Ey-Oxford Economics, in Italia Pil a +0,4% nel 2026, pesano shock energeticiLa guerra in Medio Oriente e i conseguenti shock energetici hanno innescato un forte rallentamento della crescita a livello globale, pur senza configurare al momento una recessione mondiale. È quanto emerge dal rapporto presentato durante l'evento 'Scenari macroeconomici e intelligenza artificiale: implicazioni, sfide e opportunità', organizzato da Oxford Economics in collaborazione con Ey, in cui viene stimata una crescita del Pil italiano dello 0,4% nel 2026 (UN O,1% IN MENO RISPETTO ALLA STIMA DELL'FMI DI OGGI), "in un contesto - si legge in una nota - di elevata incertezza e domanda interna poco dinamica". Secondo l'analisi, nel 2027 si osserverà una lieve accelerazione della crescita del Pil (+0,6%), riconducibile a un andamento dei consumi privati e della domanda estera positivi, a fronte di una leggera contrazione degli investimenti, quest'ultima dovuta alla fine di importanti incentivi fiscali, all'esaurimento del Pnrr e a un contesto di maggiore incertezza. Per l'Eurozona, il rapporto stima una crescita dello 0,7% nel 2026, con un'inflazione media intorno al 3%, quasi il doppio rispetto alle previsioni precedenti, con un picco intorno al 3,5% nel secondo e terzo trimestre.L'analisi di Ey e Oxford Economics si è concentrata su quattro settori produttivi rilevanti per l'economia italiana, ovvero alimentare, tessile, automotive e il comparto dei macchinari, stimando una crescita moderata della produzione tra il 2025 e il 2027. Il settore alimentare dovrebbe registrare una crescita stabile e moderata nel medio periodo (+1,8% nel 2026 e nel 2027), sostenuta prevalentemente dall'export, a fronte di consumi interni deboli e dei rischi legati all'aumento dei costi per l'agricoltura. Il settore del tessile e dell'abbigliamento crescerà in misura contenuta nel biennio 2026- 2027 (rispettivamente +1,2% e +1,3%), trainato quasi esclusivamente dall'export, mentre la domanda interna sarà stagnante e peseranno le pressioni dei competitor internazionali, in particolare asiatici. Per quanto riguarda il comparto dei macchinari, l'analisi sostiene che attraverserà una fase di normalizzazione dopo il ciclo espansivo legato agli incentivi, tornando a una crescita stabile (+1,7% nel 2026 e +1,8% nel 2027), sostenuta dall'export e da una graduale ripresa della domanda interna. Il settore crescerà debolmente (+0,9% nel 2026 e +0,5% nel 2027), con export di segno positivo ma investimenti in contrazione. La transizione verso l'elettrico resta un elemento critico, con il rischio di ridimensionare la produzione domestica. Il settore automotive crescerà debolmente (+0,9% nel 2026 e +0,5% nel 2027), con export di segno positivo ma investimenti in contrazione; la transizione verso l elettrico resta un elemento critico, con il rischio di ridimensionare la produzione domestica.Mario Rocco, Valuation, Modelling and Economics Leader di EY in Italia, ai microfoni di Vincenzo Miglietta.
En el Radar Empresarial de hoy ponemos la atención en SK Hynix, que, igual que Micron, ha logrado entrar en el grupo de compañías valoradas en más de un billón de dólares. La empresa surcoreana se ha beneficiado del impulso de la inteligencia artificial y de las mejores previsiones de firmas financieras. Ese contexto explica el avance en el Kospi, donde protagonizó una de las subidas de 2026. Este año, sus acciones acumulan un crecimiento cercano al 250% aproximadamente. La compañía se ha convertido en una pieza esencial dentro del sector de memorias, considerado de los próximos meses. Una de las razones principales es su estrecha relación con Nvidia, ya que es único proveedor de memorias HBM para la tecnológica estadounidense. Estos componentes permiten gestionar volúmenes de datos con velocidad, algo imprescindible para los desarrollos vinculados a la inteligencia artificial. Con ese liderazgo, SK Hynix controla el 57% del mercado de HBM y el 32% del segmento DRAM. El aumento de la demanda de semiconductores y la escasez de suministros han elevado la importancia estratégica de fabricantes como SK Hynix En apenas dieciséis meses, la empresa pasó de 100.000 millones de dólares a superar el billón de capitalización Sin embargo, la compañía reconoce los riesgos en la industria Su presidente, Chey Tae-won, advirtió hace meses que la falta de obleas de silicio podría provocar un desequilibrio hasta 2030 y generar una diferencia entre oferta y demanda 20%. Las advertencias de SK Hynix coinciden con las de otros directivos del sector tecnológico Michael Dell aseguró que la demanda de memoria inteligencia artificial podría multiplicarse por 625 durante años el director ejecutivo de Micron, Sanjay Mehrotra, explicó en CNBC que la memoria se ha convertido en un recurso imprescindible Según el ejecutivo, los sistemas de inteligencia artificial necesitan más capacidad y un rendimiento superior para desarrollar todo su potencial y sostener el crecimiento esperado del sector tecnológico
"Choosing to be loved, choosing to make that commitment, is not a career-limiting decision." — Dana Perino FOX News Correspondent Nate Foy joins for a "rom-com-dram" conversation on Dana's new novel, Purple State. Dana and Nate dive into the wild New York City dating scene, chasing big dreams, and discussing why keeping a creative outlet alive is a total game-changer. Nate also explains the parts of Dana's book that hit closest to home and the unexpected life lessons he walked away with after turning the final page. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ander Iturralde da la bienvenida a Rafa Pastrana y José Pérez para analizar todo lo ocurrido en el fin de semana final, la jornada 38, de la Premier League 2025-2026... Comenzando por el definitorio triunfo del Tottenham sobre el Everton para lograr su agónica salvación; a costa de un West Ham que ganó con rotundidad al Leeds pero fue demasiado poco, demasiado tarde en una temporada que ha supuesto su primer descenso en 15 años; mientras que veintidos han sido los años desde el último título de liga del Arsenal y tras ganar al Crystal Palace pudieron llevar a cabo la ceremonia del levantamiento del trofeo; al Manchester City, por su parte, le vimos perder contra el Aston Villa en una tarde de despedir a leyendas del club como jugadores y también su entrenador; algo que también hizo el Liverpool (de momento no del entrenador) en su empate final con el Brentford; algo por lo que tuvo que pasar el Bournemouth, empatar, contra el Nottingham Forest para no darse así ninguno de los tres resultados que necesitaba el equipo de Andoni Iraola para clasificar a la Champions; algo que debió saber casi igual de dulce, clasificarse para la Europa League, para el Sunderland tras una épica victoria final sobre el Chelsea; así como el Brighton cayó ante el Manchester United (de un Bruno Fernandes de récord) y a la Conference League; algo que ni siquieran podían alcanzar ni Fulham ni Newcastle pero fue el equipo de Marco Silva quien ganó; cosa que ni Burnley ni Wolverhampton pudieron hacer en su batalla por no terminar último de la Premier League; competición a la que asciende el Hull City tras ganar al Middlesbrough en la final del play-off y el Bolton, en la división, al Stockport; y mucho más.Apoya que Alineación Indebida pueda prosperar, accede a todo nuestro contenido premium y a nuestro server de Discord suscribiéndote por tan sólo 1.00$/1.00€ en: https://www.patreon.com/posts/159149217Además... Ahora, al suscribirte en nuestra página de Patreon, puedes escuchar todo nuestro contenido de Alineación Indebida Premium a través del siguiente link de Spotify. Sólo tienes que vincular la cuenta que abras en Patreon y, a partir de ahí, tendrás desbloqueado todo el contenido premium que producimos: https://open.spotify.com/show/6WeulpfbWFjVtLlpovTmPv¡Volvemos el Jueves!Sigue a Ander: https://x.com/andershoffmanSigue a Rafa: https://x.com/RafaPastrana7Sigue a José: https://x.com/jcperez_Sigue al programa en Twitter: https://twitter.com/PodcastIndebidoSigue al programa en Instagram: instagram.com/podcastindebidoContacto: anderpodcast@gmail.com // alineacionindebidapodcast@gmail.com Hosted on Acast. See acast.com/privacy for more information.
Micron President and CEO Sanjay Mehrotra discusses the company's significant expansion of DRAM manufacturing in the US. Speaking with Bloomberg's Tyler Kendall, Mehrotra highlights the importance of this advanced memory technology for critical sectors such as automotive, aerospace, defense, industrial and networking.See omnystudio.com/listener for privacy information.
Send us Fan MailFeaturing Pam, Cassidy and FionaThis Episode is sponsored by Sherbrooke Liquor, one of the World's Best Top Bottle Shops.Support the showThank you for listening and remember to drink respectfully!We want to hear from you! Send us an email at dramfineyeg@gmail.com
When it comes to heavy asset, low obsolescence stocks, Dave Mazza of Roundhill Investments talks about how his firm's HALO ETF (LOHA) capitalizes on the trend. As for the memory trade, he talks about Roundhill's Memory ETF (DRAM) and the surge it has seen since inception earlier this year. When it comes to heavy asset, low obsolescence stocks, Dave Mazza of Roundhill Investments talks about how his firm's HALO ETF (LOHA) capitalizes on the trend. As for the memory trade, he talks about Roundhill's Memory ETF (DRAM) and the surge it has seen since inception earlier this year.
Risks are rising in this market, but earnings are still solid. There are things to watch and buying the dip is still a real possibility. Here's how to create a watch list from ETF's. FORMULA - Alpha Picks + Seeking Alpha Premium + Trendspider and Sidekick - PERFECT TOGETHER! THESE SALES END SOON: TRENDSPIDER - get my 4 hour algorithm on any annual plan.Seeking Alpha's Tool kit (throw this in for the complete package)*BEST DEAL - SEEKING ALPHA BUNDLE - Save over $150 and get Premium and Alpha Picks together ALPHA PICKS - Want to Beat the S&P? Save $50 Seeking Alpha Premium - FREE 7 DAY TRIAL SEEKING ALPHA PRO - TRY IT FOR A MONTH FOR ONLY $89 EPISODE SUMMARY
News and Updates: AI Compute Tax Debate: Economists and policymakers are debating taxing AI processing power to offset job displacement and fund social services, though critics argue it's too blunt a tool. AI Dividend Proposal: NY congressional candidate Alex Bores unveiled an "AI Dividend" plan funding direct payments to Americans through a token tax on AI consumption and equity stakes in frontier AI firms. Screenless Fitness Trackers Surge: Screenless wearables like Oura Ring and Whoop are booming, with U.S. fitness tracker purchases up 88% and smart ring sales up 195% between 2024 and 2025. Canvas Hacker Payout: Instructure, maker of the Canvas education platform, reached an undisclosed "agreement" with the ShinyHunters hacking gang after a breach exposed data from 275 million users across 9,000 institutions. FCC Router Ban vs. Supply Chain: AT&T warned the FCC that a global DRAM and NAND flash shortage, driven by AI deployments, is complicating compliance with its ban on foreign-made Wi-Fi routers. Google Unveils Googlebook: Google announced a new laptop line called Googlebooks running a fused Android/ChromeOS platform, featuring Gemini AI integration and a "Magic Pointer," with hardware partners including Acer, Dell, HP, and Lenovo.
Hoy hablamos del acelerón de China en memoria DRAM con CXMT, de GovWell y su apuesta por meter IA en la burocracia municipal, del truco de Apple para convertir chips imperfectos en negocio con el MacBook Neo, del chantaje a Grafana tras un acceso no autorizado a GitHub, y del James Webb enseñando una estructura rarísima en el corazón de Messier 77.Puedes seguirnos en YouTube en https://youtube.com/olivernabani y puedes unirte al Discord Mashain en https://olivernabani.com/discord
VettaFi's Head of Research Todd Rosenbluth discussed the Roundhill Memory ETF (DRAM) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.”
Micron's stock and Roundhill's DRAM ETF have become the poster-children for the AI memory rally. But here's what could be the next “phase” of the AI buildout. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Eric Diton says chips remain king in the current market environment. However, he notes an inflation concern in the memory space as DRAM prices show no signs of decreasing. "I would not be diving in here," says Eric, expecting profit-taking to hit stocks that skyrocketed in recent weeks. He urges investors to find "unloved" names in the stock market. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Hello & Welcome to the Podcast!In today's episode, I'm joined by Orla O'Doherty @thecliniccoach for a chat about using coaching skills for behaviour change, especially around physical activity in postpartum womenOrla shared her journey, including insights from her masters training in behaviour change and health coaching, explaining key frameworks such as COM-B (Capability, Opportunity, Motivation, Behaviour) and emphasising the importance of helping the people we work with identify their own goals, rather than prescriptively telling them what to do.We discussed practical strategies including goal setting, habit formation, motivation maintenance and the challenge of implementing these in clinical practice.We highlight how coaching skills can liberate the clinician's role from being a fixer to supporting the person's self-efficacy, noting that this approach not only helps the people we are working with, but also reduces frustration for healthcare providers, while making clinical work more effective and sustainable.Some of the topics we covered:Behaviour change in health coachingHealth coaching on Postpartum careEffective goal setting discussionsBehavioural goals in patient careMotivation vs WillpowerPatient resistance in physio strategies Trust, compassion and how to deal with challengesand much more!Orla is doing great work on changing how we can help move from the old model of healthcare professionals acting as mechanics to fix people, but rather empowering them with self efficacy toolboxes - she offers coursework on all of this so make sure you're following her on instagramWant to learn more about a bio psychosocial approach to Perinatal Pelvic Rehab? I designed my new online course to cover all of this and more, from preconception ,through pregnancy and into postpartum and beyond. Full of up to date evidence and 'how to' strategies, from PGP to DRAM and R2R!all of the info on this and all of my other online courses can be found at CelebrateMuliebrity.comUntil next time, Onwards & Upwards, Mx#celebratemuliebrity
On this week's episode of The MacRumors Show, we talk through how the global memory shortage is forcing Apple's hand across multiple key products, killing configurations, delaying launches, and prompting spec decisions that would have seemed unlikely a year ago.The pressure originates outside Apple's control. JPMorgan analysis cited by the Financial Timesfound that memory could account for as much as 45% of an iPhone's component costs by 2027, up from around 10% today. Companies like Nvidia are reportedly outbidding consumer electronics makers for limited DRAM supply from Samsung, SK Hynix, and Micron, while cloud firms are locking in capacity with multi-billion-dollar upfront commitments. Apple, which buys memory for roughly 250 million iPhones per year, has shifted from a position where it could dictate terms to one where it must compete for supply, and component prices are being driven up as a result.The consequences are already visible in the Mac lineup. Apple last week removed the Mac mini's 256GB storage option, pushing its starting price from $599 to $799. Days later, it eliminated Mac mini models with 32GB and 64GB of RAMand stripped the M3 Ultra Mac Studio to a single 96GB configuration, with delivery estimates for remaining Studio models at 9 to 10 weeks. The Mac Studio had already lost its 512GB memory option in March, and multiple configurations became entirely unavailable in April. On Apple's April 30 earnings call, CEO Tim Cook acknowledged that both machines would be "hard to get for months to come" and said Apple expects "significantly higher memory costs" in the current quarter. The MacBook Neo was sold out through April and Cook described demand on the earnings call as “off the charts." The MacBook Neo uses binned A18 Pro chips, adopting manufacturing rejects from the iPhone 16 lineup with one GPU core disabled, repurposed rather than discarded to keep costs low enough to hit the $599 price point.Apple's initial production target is believed to be about five to six million units, but demand has since pushed the company to instruct suppliers to prepare for at least 10 million. TSMC's N3E production lines, where the A18 Pro was made, are now running at maximum capacity, with AI-related orders consuming much of the available output. A fresh manufacturing run for the A18 Pro would yield fully functional chips rather than defective ones, raising the per-unit cost before any expedited manufacturing premium is applied.Apple is now said to be weighing up its options for the MacBook Neo. The company is purportedly considering cutting the 256GB entry-level model, which would push the effective starting price up by $100 without changing any existing configuration's price, the same mechanism used with the Mac mini. Separately, Apple may be considering new color options to soften any price increase.Upcoming products are apparently being reshaped too. Weibo leaker "Fixed Focus Digital" has claimed in a series of posts that the standard iPhone 18 is being downgraded as a cost-cutting measure, with both display and chip specifications affected. Most recently, the leaker said certain parts are interchangeable between the iPhone 18 and the lower-cost iPhone 18e. For context, iPhone 17 and iPhone 17e differ meaningfully: the standard model has a larger ProMotion display, Dynamic Island, Ultra Wide camera, five-core GPU, and significantly better battery life, but it looks like there could be fewer differences with the next generation.A follow-up post framed the new split launch strategy, under which the iPhone 18 ships in spring 2027 rather than alongside the Pro models in the fall, as a deliberate commercial mechanism to smooth out demand. By extending the iPhone 17's flagship run, Apple is also said to be creating conditions under which a lower-specced successor will be more palatable. The split launch itself has been widely reported since last year, with Ming-Chi Kuo and Nikkei among those to have corroborated it.The launch of the rumored all-new high-end MacBook Pro or "MacBook Ultra" with an OLED display and touchscreen has also apparently slipped. Bloomberg's Mark Gurman has said early 2027 is now looking more likely than late 2026 due to Apple's constrained memory supply cited as a factor.
Our Head of Europe and Asia Technology Research Shawn Kim discusses AI's move from passive chatbots to active agents—and how this influences tech supply chains.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Shawn Kim, Head of Morgan Stanley's Europe and Asia Technology Team. Today: A foundational shift in the development of AI and its broad market implications. It's Tuesday, May 5th, at 3pm in London. Think about the last time you asked a chatbot to write a summary or a draft. Or maybe answer a query. It was probably useful. But you were also still driving the interaction: asking, refining, copying, checking, and moving the work forward. Now imagine a system that does not just respond, but acts. It remembers what you asked last week, understands your preferences, works across digital tools, plans a workflow, and adapts as circumstances change. That is the shift from GenAI to agentic AI: from AI that helps with thinking to AI that helps with doing. GenAI is mostly passive. It takes a prompt and produces an answer. Agentic AI is active – less a copilot for one task but an autopilot for multi-step workflows. The distinction is key because computing requirements are changing. In GenAI, large language models and GPUs handle much of the thinking. GPUs, or graphics processing units, process many calculations in parallel, making them central to modern AI models. In agentic AI, CPU becomes more important. CPUs, or central processing units, coordinate tasks and connect systems to the broader digital infrastructure. Agentic AI also depends on three stacks: the brain, or the large language model; orchestration, where the CPU manages the doing; and knowledge, which is memory.Memory may be the most important layer. An agent that knows your preferences, documents, tone, and task history becomes more useful over time. That creates a context flywheel. The more context it collects, the more personalized it becomes, and the harder it is to leave. Typically, in computing, we think of memory as storage, mainly. We need to rethink this. Memory is also continuity. When an AI system can use past experiences, memory becomes a long-term state, shared knowledge, and behavioral grounding. And that matters because LLMs have fixed context windows. Once a conversation exceeds that window, older content falls off. For simple questions, that may be fine. But for a coding agent working across a large codebase over days or weeks, it is a major limitation. Serious work requires persistent memory, short-term orientation, and active retrieval – remembering prior decisions, understanding changed files, and finding relevant codes without the user pointing to every dependency. For investors, the implication is clear – agentic AI changes the bottlenecks. We see CPUs as the new bottleneck, with memory seeing the highest content increase. We estimate as much as 60 percent, or $60 billion of incremental CPU total addressable market by 2030, within a total CPU market of more than $100 billion. We also estimate up to 70 percent of incremental DRAM bit shipment tied to this theme. That makes us more positive on supply chains including memory, foundry, substrates, CPU and memory interface, and capacitors and CPU sockets. These areas benefit from content growth, pricing power, and capacity constraints into 2027. As AI moves from answering questions to taking actions, investors should watch the infrastructure behind the shift. Because in the agentic era, the next big AI leap may be less about the prompt, but more about the processor. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.
This week on The Whiskey Trip, Big Chief rides into Houston, Texas to link up with the crew from The Noble Dram—a show that's built its reputation on exploring whiskey from around the world and delivering tasting notes that help you decide what's worth the chase. Aaron and Gavin bring that global perspective, and this episode turns into a true collaboration—stories, insight, and pours that stretch from Georgia to Texas and beyond. On the first half, Big Chief pours something special—Effie Jewel from Doc Brown Farm & Distillers. This limited run, four-year-old Georgia bourbon is crafted with heirloom Jimmy Red corn, then sent to the Texas Coast where six months of humidity and salt air shape it into a bold, one-of-a-kind pour. Then on the second half, he shifts gears and opens up an 8-year-old cask strength Jimmy's from Kiepersol Distillery—and this one flat out delivers. It's loaded with a stunning rye spice that hits with authority, layered with that unmistakable horehound candy note that lingers and pulls you right back in for another sip. But this ride isn't just about what's in the glass. The conversation drifts into hometown sports—loyalty, pride, and the teams that raised us—and rolls right into BBQ philosophy, where opinions run strong and tradition matters just as much as technique. This episode is about more than whiskey—it's about culture, community, and the stories that come with every pour. Take the Ride with Big Chief. Cheers.
Drew has been a friend for half a decade, and as well as being a lauded bar owner, we created Moonbird Gin (double gold at the San Francisco World Spirits Awards) and GOATz Spiced Rum together - and he's a hilarious, fascinating guy. Drew on IG: https://www.instagram.com/drewbarman/ (Get in touch with Duff!Podcast business enquiries: consulting@liquidsolutions.org (PR friends: we're only interested in having your client on if they can talk for a couple of hours about OTHER things besides their prepared speaking points or their new thing, whatever that is. They need to be able to hang. Oh, plus we don't edit, we won't supply prepared or sample questions, nor listener or “reach” stats, either, and no, you can't sit in on the interview (or lurk on the Zoom.) And our AI automatically deletes pitch emails that are clearly written using AI. Retain Philip's consulting firm, Liquid Solutions, specialised in on-trade engagement & education, liquor brand creation and repositioning: philip@liquidsolutions.orgPhilip on Instagram: https://www.instagram.com/philipsduff/ Philip on Facebook: Philip Duff Philip on X/Twitter: Philip Duff (@philipduff) / Twitter Philip on LinkedIn: linkedin.com Old Duff Genever on Instagram: Old Duff Genever (@oldduffgenever) • Instagram photos and videos Old Duff Genever on Faceboo...
Brought to you by TogetherLetters & Edgewise!In this episode: AI FrontierAnthropic's New Mythos A.I. Model Sets Off Global AlarmsMozilla Used Anthropic's Mythos to Find and Fix 271 Bugs in FirefoxSam Altman compares Mythos to dropping a bomb while selling a $100B bomb shelterAnthropic could raise a new $50B round at a valuation of $900BOpenAI releases GPT-5.57-0 wipeout: ChatGPT-5.5 vs Claude 4.7 in 7 impossible testsChina orders Meta to unwind $2B Manus acquisitionHe Built a $1.8 Billion Company Alone with AITech Layoffs & Big MovesJohn Ternus named Apple CEO to replace Tim CookNearly 40,000 tech jobs lost in April 202620,000 job cuts at Meta, Microsoft raise AI labor crisis concernNetflix plans vertical video feed and AI recommendationsPrivacy, Security & Age ChecksUS Bill Mandates On-Device Age VerificationBrussels age-checking app hacked in 2 minutes$5 Bluetooth tracker in a postcard exposes Dutch warshipHardware, Science & EngineeringNIST creates 'any wavelength' lasers in tiny circuitsNASA shuts off instrument on Voyager 1Anker made its own AI chip (Thus)YouTuber builds working DRAM in backyardLinux begins dropping Intel 486 supportPancreatic cancer mRNA vaccine shows lasting resultsBMW one step closer to a color-changing carAlberta startup sells "no-tech" tractors for half priceRobots Take the FieldChinese android beats human half-marathon recordJapan Airlines pilots humanoid robots at HanedaTable tennis robot defeats top human playersWeird & WackyChinese carmaker patents voice-controlled in-vehicle toiletAir New Zealand adds economy bunk beds (with rules)Hairdryer allegedly used to trick weather sensor for $34K Polymarket betDOJ arrests soldier who made $400K betting on Maduro's removalI bought Friendster for $30K — here's what I'm doing with itNZ DOC: remote tech begins a "new era" for conservationTech Rec:Sanjay - Citymapper Adam - Claude DesignFind us here:sanjayparekh.com & adamjwalker.comTech Talk Y'all is a proud production of Edgewise.Media.
Join The Full Nerd gang as they talk about the latest PC building news. In this episode the gang covers PCWorld's review of the Ryzen 9 9950X3D2, Mike's investigation into flash storage pricing, what we think of the recent DRAM stock/pricing trends, and much more. And of course we answer questions live! Join the PC related discussions and ask us questions on Discord: https://discord.gg/UWhjwg778a Follow the crew on X and Bluesky: @AdamPMurray @BradChacos @MorphingBall @WillSmith ============= Read PCWorld! Website: http://www.pcworld.com Newsletter: http://www.pcworld.com/newsletters/signup ============= Learn more about your ad choices. Visit megaphone.fm/adchoices
In this lively episode of the Rolex Whiskey Passion Project, host Gavin Linde and guest Matt Lurin dive deep into the evolving landscape of the spirits industry.They explore the rising popularity of independent bottling and the "out of control" trend of high-ABV cask strength whiskies, contrasting modern preferences with the classic, lower-proof vintages of the past.They also take a candid look at shifting cultural norms—from the "shame" of being a lone cigar smoker at a family pool party to the challenge of engaging a younger, more distracted generation with traditional liquor culture.They also highlight the upcoming Water of Life NYC charity event in June, featuring a unique "whiskey speed dating" format where every pour supports a good cause.
Dave Mazza with Roundhill Investments calls memory the "true bottleneck" of AI. As demand outpaces supply, he explains how previous "boom and bust" cycles in tech differ from the rally stocks like Micron (MU), SanDisk (SNDK), and Western Digital (WDC) are experiencing. Dave sees "incredible" revenue growth backing these earnings throughout the coming weeks. He then talks about how his firm offers exposure to these companies and others through the Roundhill Memory ETF (DRAM). ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Tightening budget constraints and rising data trust requirements are increasing operational pressure on managed service providers by shifting risk and accountability downward through the service chain. Developments in both the European and US markets, together with supply chain volatility and heightened scrutiny of where and how data is handled, are forcing MSPs to redefine both service delivery and governance models. According to Speaker A, MSPs focusing on auditability, clear data residency, and sovereignty will remain viable, while those relying on traditional narratives or ambiguous transformation pitches risk being sidelined. The episode points to evidence from several reports: Politico notes that 8 out of 10 Europeans do not trust US or Chinese firms with their data, highlighting explicit concerns over data location and custodianship. Concurrently, the U.S. Chamber of Commerce Small Business Index, cited by Axios, shows declining confidence among American small businesses, with only 37% expecting new investments and 53% listing inflation as their top challenge. Further, Channel Insider flags “memflation,” with DRAM and NAND prices expected to rise 125% and 243% respectively by 2026, intensifying margin pressure and pricing risk for operators. Additional risk drivers come from both operational and technical layers. Speaker A references the Blackpoint Cyber 2026 threat report, which attributes most breaches to the abuse of trusted credentials and tools—such as RMM solutions and SSL VPNs—rather than new vulnerabilities. Governance gaps are also worsened by declining white-collar hiring, as cited by Gallup and Axios, reducing internal capacity for vendor reviews, incident follow-up, and process controls. Increased automation and outsourcing in response to these gaps tend to create more dependency chains and larger blast radii, making explicit governance even more important. For MSPs, these findings point to operational needs that go beyond technical capability. Contract terms must address volatile input costs directly, with shorter quote validity and explicit repricing clauses. Governance processes should include audit-ready data maps, clear documentation of subprocessors, and proactive credential management. Without these measures, MSPs risk being treated as interchangeable commodities and exposed to margin compression and heightened liability from external compliance and trust requirements. 00:00 SMB Caution 03:48 Coordination Crunch 06:24 RMM Exposed 09:36 Why Do We Care? Supported by: Zero Networks HaloPSA
We review top Data Center Memory-Chip Stocks, their amazing YTD performance, and a brand-new Exchange Traded Fund (ETF) in that space, DRAM. We also introduce you to Optoelectronics and some top investment picks there from Barron's Magazine. We finish up with up-and-coming Nextgen Dividend Aristocrat Plays for Investment Income.
I'm quitting the podcast and closing on my mansion after my lambo got delivered yesterday thanks to sports betting and zero DTE options. But seriously - KNOW WHAT TYPE OF INVESTOR YOU ARE! That's the message after yesterdays historic market move. Get my FREE newsletter or sign up for the paid version with benefits like the Office Hours and tracking the portfolios in Savvy Trader https://dailystockpick.substack.com/THESE SALES END SOON: TRENDSPIDER - get any annual plan and I'll send you my 4 hour algorithm plus SIDEKICK - the AI that gives me help in understanding my choices Seeking Alpha's Tool kit *BEST DEAL - SEEKING ALPHA BUNDLE - Save over $150 and get Premium and Alpha Picks together ALPHA PICKS - Want to Beat the S&P? Save $50 Seeking Alpha Premium - FREE 7 DAY TRIAL SEEKING ALPHA PRO - TRY IT FOR A MONTH FOR ONLY $89 EPISODE SUMMARY
A Midwinter Night's Dram is a whiskey that has been historically sought after. Once a combination of well aged rye from from Barton and MGP, this whiskey is now a combination of High West's own distillate and MGP. How does it taste? You'll have to listen to find out. In this episode, we wax poetically about MWND in the past and we have high hopes for the future. During the tasting, we got a bit sidetracked by the return of our co-host Steven and by large shipping lables. After all is said and done, we give you our honest and candid assessment of this bottle from last year.--------------------------SocialsIG: https://www.instagram.com/themashupkyFB: https://www.facebook.com/themashupkyYouTube: https://www.youtube.com/@themashupkyJoin our community on Patreon: https://www.patreon.com/TheMashUpBourbonPodcastPartnership(s)Visit Bourbonoutfitter.com and enter code THEMASHUP for a special discount or visit bourbonoutfitter.com/THEMASHUPMusic: All the Fixings by Zachariah HickmanThank you so much for listening!
Rosana Laviada analiza con Maite Rico, Luis Herrero y Quirós el caso de la joven a la que han dado el visto bueno a la eutanasia.
1. TRS sigue marcando el terreno sobre la vista de mañana. Gobernadora confirma Domenech comparecerá y lanza ataque a TRS.2. TRS les abre fuego a las agencias anticorrupción y apunta la mira en la Oficina de Ética o 1er post 3. Nueva crisis del gobierno de Jenniffer González: alegaciones de hostigamiento laborar y sexual contra el secretario de Corrección 4. Dramático el estancamiento de la estadidad en Washington y la inacción del gobierno del PNP 5. En riesgo de que el aumento en la luz para los próximos 3 meses sea más del 4% que solicitó LUMA 6. Caos en los aeropuertos. Llegan los agentes de ICE 7. Trump se echa para atrás y dice NO atacará instalaciones energéticas de Irán. Alega negociaciones que Irán niega 8. Deportes con José Aníbal HerreroSee omnystudio.com/listener for privacy information.
It is Single Malt History's 100th episode! To celebrate, I'm taking a look back at its most downloaded episode and its (shaky!) first. There are clips from West End actors, stars of the silver screen, the first historian to stop by for a chat, and the two episodes that are still brought up to me the most often by listeners.
PODCAST LAS NOTICIAS CON CALLE DE 10 DE MARZO DE 2026 - Trump y Putin hablaron y llegan a acuerdo para liberar petróleo ruso - Reuters Petróleo bajó de precio a 87 el barril - CNBCLe dan asilo a mujeres iraníes que no quisieron cantar el himno de Irán en protesta - One Sports Representante busca que informante que investigó a Ciary vaya a vista en Legislatura - Notidel Plantean traer cohetes a Roosevelt Roads - El Nuevo DíaInvestigación contra Ciary seguirá por tres meses más, Rivera Schatz pide revisión - El Nuevo Día Plantean medida para impedir a gobierno federal a detener aguantar los fondos federales - El Nuevo DíaJuicio contra Anthonieska comienza el 6 de abril - El Nuevo Día¿Deben hablar inglés los meseros? - El Nuevo Día Dramática baja del precio del combustible luego de subida, pero el litro de gasolina ronda por el peso - El Vocero Expropiaciones forzosas tras el estado activarse - El Vocero Hay momentos en los que no necesitas solo respuestas sino tranquilidad y apoyo. En Universal Group combinamos tecnología avanzada con el Toque Humano que te da calma y te responde al instante. Universal: Auspiciador oficial del equipo de Puerto Rico en el World Baseball Classic.Incluye auspicio
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