Podcasts about semiconductors

Ben Inker of GMO joins Excess Returns to break down whether the AI boom is an investment bubble, how it compares to 2000, 2007 and 2021, and why today's risk may be more about earnings than valuations. We also discuss AI capital spending, market supply from IPOs, GMO's seven-year asset class forecasts, international stocks, benchmark-free allocation and what private equity investors may be missing.7 YEAR ASSET CLASS FORECASThttps://www.gmo.com/americas/research-library/gmo-7-year-asset-class-forecast-may-2026_gmo7yearassetclassforecast/WHAT BARBARIANS LIKE TO TAKE PRIVATEhttps://www.gmo.com/americas/research-library/part-1-what-barbarians-like-to-take-private_gmoquarterlyletter/THE CASE FOR LIQUID ALTERNATIVEShttps://www.gmo.com/americas/research-library/the-case-for-liquid-alternatives-in-todays-environment_insights/Main topics coveredWhy GMO sees the AI boom as a bubble investors may be able to navigateThe difference between easy bubbles and hard bubbles in portfolio constructionLessons from the internet bubble, the global financial crisis and the 2021 duration bubbleWhy today's market may be an earnings bubble, not just a valuation bubbleHow AI data center spending affects corporate profits before depreciation shows upWhy transformational technologies do not always reward the companies building themThe risk of circular financing, debt-funded AI spending and increasingly creative deal structuresHow IPOs, share issuance and market supply can pressure stock returnsGMO's seven-year asset class forecasts and why international stocks look more attractive than U.S. stocksWhy private equity portfolios may contain large hidden bets on small, lower-quality companiesTimestamps00:00 AI, earnings bubbles and market supply00:58 Why Ben Inker thinks the AI bubble may be easier to navigate02:43 What makes a bubble easy or hard for investors08:12 Comparing risk and return in 2000, 2007, 2021 and today14:42 Why optimizers and real clients see risk differently17:02 What GMO learned from managing through past bubbles19:08 How today compares to the 2000 internet bubble20:00 Why this may be an earnings bubble23:34 Semiconductors, memory makers and the capital cycle25:00 How AI CapEx compares to railroads, electricity and fiber optics29:33 Debt, circular financing and strange AI deals34:32 Why massive stock issuance could challenge the market40:00 How GMO builds seven-year asset class return forecasts41:40 Why interest rates change fair value for stocks and bonds45:32 Why international, value and small-cap stocks look more attractive49:06 The case for a benchmark-free portfolio55:21 What 700 leveraged buyouts reveal about private equity01:02:00 How public portfolios can offset private equity risks01:03:37 Why investors need to understand what they are paid for01:08:27 Closing thoughts

LEARN MORE about NDX: ⁠⁠https://www.nasdaq.com/nasdaq-100-options-xnd-ndx?utm_medium=Podcast&utm_source=RiskReversal⁠ SUBSCRIBE to our newsletter: http://riskreversal.substack.com/ Guy Adami & Kevin Davitt break down the top market headlines and bring you stock market trade ideas for Wednesday, June 24th. Trump Calls for Probe Into U.S. Gasoline Prices After Oil Falls (WSJ) -- Learn more about FactSet: https://www.factset.com/lp/mrkt-callFollow us on Twitter @MRKTCallFollow @GuyAdami on TwitterFollow @CarterBWorth on TwitterFollow us on Instagram @RiskReversalMediaLike us on Facebook @RiskReversalWatch all of our videos on YouTube Learn more about your ad choices. Visit megaphone.fm/adchoices

- Chinese, Tesla Drive Strong EU Sales - 23% of New European Cars Now BEVs - Nissan Shareholders Not Happy - DRAM Chip Prices Up 450% - Investors Eager to Spend on Momenta - Chery Sees Real Growth in Pickups - China Defines True Solid-State Batteries - Chrysler Airflow Headed to Belvidere

- Chinese, Tesla Drive Strong EU Sales - 23% of New European Cars Now BEVs - Nissan Shareholders Not Happy - DRAM Chip Prices Up 450% - Investors Eager to Spend on Momenta - Chery Sees Real Growth in Pickups - China Defines True Solid-State Batteries - Chrysler Airflow Headed to Belvidere

Key Topics:AI infrastructure evolutionServer and rack engineering innovationsAnalog components and power managementSemiconductor industry growth and GPU impactEnterprise and hyperscaler strategies for differentiationCooling technologies and hybrid solutionsNetworking and infrastructure for AI workloadsMulti-cloud and on-prem AI deployment trends

Something very strange is happening in global markets and in particular one key eurodollar signal that hardly anyone pays much attention to. Everywhere you look, investors are acting like the party is back on. U.S. stocks are surging. Tech stocks are ripping. Semiconductors are 1999-ing it right now. But then there is Hong Kong. Its main stock index, the Hang Seng is not joining the celebration. It's going in the opposite direction and has for some time now. That's big because HK is a major Asian money center for not just mainland China. Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------China's $300 Billion Pile of Bad Consumer Debt Threatens Economyhttps://www.bloomberg.com/news/articles/2026-06-17/china-s-economy-recovery-threatened-by-300-billion-in-bad-consumer-debtChina's Tilt to Bonds From Loans Gives PBOC Broader Easing Toolhttps://www.bloomberg.com/news/articles/2026-06-18/china-s-tilt-to-bonds-from-loans-gives-pboc-broader-easing-toolhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu

What happens when a single lost network packet can disrupt hours of manufacturing? Recorded at Cisco Live, this episode features John Hoenemier, Director of Network Security Operations at GlobalFoundries, one of the world's leading semiconductor manufacturers. While most people think about microchips only when they buy a smartphone, laptop, car, or connected device, the reality is that modern life depends on a vast ecosystem of manufacturing facilities operating around the clock with extraordinary levels of precision. During our conversation, John explains why semiconductor manufacturing is one of the most demanding operational environments in the world. Production runs continuously throughout the year, and even minor disruptions can have significant consequences. In this environment, the network serves as the digital nervous system of the factory floor, connecting equipment, systems, data, and people in real time. We discuss the challenges of maintaining resilience in an environment where downtime is rarely an option. John shares how visibility, observability, security, and automation have become increasingly important as manufacturing operations grow more connected and more dependent on digital infrastructure. The conversation explores what happens when connectivity is interrupted and why reliability remains one of the most important measurements of success. We also examine the growing role of AI, operational intelligence, and unified management platforms. John explains why bringing together data from multiple systems is helping teams make faster decisions and why technologies such as Cisco Cloud Control are generating so much interest among infrastructure leaders. Along the way, we discuss cybersecurity, identity management, observability, and the unique realities of protecting highly distributed manufacturing environments. Despite operating in a very different industry, many of the challenges GlobalFoundries faces are remarkably familiar to technology leaders everywhere: balancing innovation with reliability, improving visibility, and finding ways to manage increasing complexity. What stood out most was the reminder that behind every AI application, cloud service, connected device, and modern technology platform sits a manufacturing ecosystem that must operate with extraordinary consistency and precision. As industries become increasingly connected, how important will resilient digital infrastructure become to the products and services we rely on every day?

In Episode 191 of The Investor Professor Podcast, Ryan and Cameron break down one of the biggest stories in the market: the highly anticipated SpaceX IPO. They discuss the stock's explosive debut, investor sentiment, valuation concerns, employee selling restrictions, and what SpaceX's future could look like through Starlink, private aviation, and global connectivity. The conversation also explores how market narratives, social media, and retail investors are influencing stock prices in today's environment.The episode also examines the growing divide between hardware and software stocks, including the emerging "SaaSpocalypse" impacting software companies such as Salesforce while AI infrastructure, data center, and semiconductor-related businesses continue to attract capital. We also discuss the new Federal Reserve leadership, interest rate expectations, inflation, oil prices, and what investors should watch in the second half of the year. Whether you're interested in SpaceX, AI, market psychology, or the future direction of the economy, this episode delivers timely insights to help you stay informed and invest with confidence.*This podcast contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this podcast will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Rydar Equities, Inc. does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.  Past performance is no guarantee of future results.

Tobias Carlisle joins Excess Returns to discuss why today's market may be setting up a major opportunity in value stocks, small caps and micro caps. We cover stretched market valuations, AI capex, SpaceX and other massive IPOs, the risk of speculative growth assumptions, and how Tobias builds systematic deep value portfolios in ZIG and DEEP.Tobias Carlisle on Xhttps://x.com/GreenbackdAcquirers Fundshttps://acquirersfunds.com/Topics covered:Why elevated market valuations point to lower forward returns, not necessarily an immediate exit from stocksThe case for small value, micro-cap value and mid-cap value after a long large-cap growth cycleWhy equal-weight indexes and small caps may be signaling a market leadership shiftWhether AI capex will create lasting profits or mostly benefit consumersThe parallels and differences between AI, the dot-com boom, railroads and fiber optic buildoutsHow AI spending is being financed and why the stock market may be demanding more compute investmentWhat the SpaceX IPO, OpenAI and Anthropic could mean for market supply and investor psychologyWhy base rates are being challenged by the growth of major technology platformsHow disruption can create value traps and why traditional valuation metrics can struggle in disrupted industriesThe energy demand implications of AI data centers and why nuclear and natural gas could matterHow Tobias combines valuation, quality, financial statements and portfolio construction in ZIG and DEEPWhy quarterly rebalancing may be a practical balance between timing luck, momentum and trading costsTimestamps:00:00 Why AI value may accrue to consumers04:00 What extreme market valuations say about future returns08:22 Small caps, equal weight and the Mag Seven reversal14:15 AI capex and lessons from past technology booms19:47 Who gets the profits from AI?23:00 Cash flow, debt and the AI spending race28:06 SpaceX, giant IPOs and market supply31:00 OpenAI, Anthropic and Mauboussin's base rates35:17 Is buying the S&P 500 more speculative than investors realize?36:57 Value investing during disruptive technology cycles41:07 War, energy prices and the broadening trade45:32 Semiconductor valuations and aggressive growth assumptions47:30 How Tobias builds the ZIG and DEEP portfolios54:17 ETF rebalancing, timing luck and systematic value investing

At 66 years old, instead of heading towards retirement, former Cadence CEO and legendary investor Lip Bu Tan decided to take on the hardest job in tech: turning Intel around. Elad Gil and Sarah Guo sit down with Intel CEO Lip Bu Tan to talk about why he took the job and what “saving” Intel actually looks like. Tan explains how his experience in startup culture informed his decisions to drive Intel's culture towards faster decisions, focus on customer satisfaction, and engineer accountability. He also discusses his strategy to strengthen Intel's balance sheet by welcoming investments from Jensen Huang's Nvidia, Softbank, and the US government. Tan also shares his product roadmap that centers the CPU for agentic AI and inference, the collaboration with Elon Musk on Terafab, his investing framework for semiconductors, and his views on how AI is reshaping design and operations at, as he puts it, a ‘legacy spreadsheet' tech company.         Sign up for new podcasts every week. Email feedback to show@no-priors.com Follow us on Twitter: @NoPriorsPod | @Saranormous | @EladGil | @LipBuTan1 | @intel Chapters: 00:00 – Cold Open 01:01 – Lip Bu Tan Introduction 01:24 – Why Lip Bu Took the Reins at Intel 03:00 – Fixing Culture 04:08 – Intel's 10-Year Vision 07:57 – Working with Elon Musk on Terafab 09:59 – Shifting Supply Chain for Semiconductors 15:34 – Limits to Scaling and Packaging 18:30 – Physical Limits to Engineering and Design 20:33 – Challenges in Semiconductor Investing 26:29 – Lessons from Cadence 28:02 – Scaling and Investment Decisions 32:03 – Rethinking Teams in AI Era 34:31 – Industrial Policy and Funding 37:25 – What Investors Misunderstand About Intel 41:10 – Where Compute Will Live 44:59 – Conclusion

‘Stocks start to outperform consistently in a new sector or subsector, so the leaders will show their hand. I think that's the key and we've got to be on the lookout for them' – Sean Ashton, Private Clients by Old Mutual.

Note: Filmed Tuesday 16 June ↑ WHAT'S UP: The S&P 500 +0.65%, Nasdaq +0.70%, ASX 200 +2.1%, and NZX 50 +1.8%, semiconductors surged over 9% and SpaceX raised US$75B in the largest IPO in history. ↓ WHAT'S DOWN: Software fell over 5% and big tech lagged as capital rotated toward the SpaceX IPO, with Microsoft and Apple among the weaker performers for the week. ! SURPRISES: SpaceX shares surged ~40% above their IPO price in the first days of trading, and reports emerged of a US–Iran memorandum of understanding taking shape. ◎ WHAT TO WATCH: Wednesday's Fed rate decision and updated projections; the Bank of England and Swiss National Bank follow suit on Thursday, and US retail sales land this week. ◈ BIGGER PICTURE: A recovering market and landmark IPO lift sentiment, but uncertainty remains with the Fed's pending announcement and an evolving Iran situation. Disclaimer: Sharesies Market Update is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. This video is general market commentary and educational in nature. It is not financial advice and does not take into account your personal objectives, financial situation or needs. Information is current at the time of recording and may be subject to change. We do not provide recommendations and nothing in this video should be taken as a recommendation to buy or sell any financial product. Investing involves risk. You might lose the money you start with. Past performance is not indicative of future performance. If you require personal financial advice, you should consider speaking with a qualified financial adviser. Our disclosure documents and terms and conditions, including a Target Market Determination and IDPS Guide for Sharesies Australian customers, are available on our relevant Australian or NZ website.See omnystudio.com/listener for privacy information.

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

Highlights: • Peace-deal rally context for fast-moving market conditions • Trend knockout patterns for renewed upside momentum • VIX stretch signals for timing reversion risk • Semiconductor strength and broader technology leadership clues • Energy rollover signals after the latest oil shock • Financials, airlines, and homebuilders showing rotation potential • Short-term options tactics for index momentum trades • Momentum lists for finding where money flows • Sector breadth clues beyond mega-cap technology • IPO excitement and risk around SpaceX-style launches   TimingResearch.com Crowd Forecast News Episode #532, recorded at 4PM ET on June 15th, 2026. The full video and show notes available here: https://timingresearch.com/blog/2025/crowd-forecast-news-episode-532/   Lineup for this Episode: • Chris Sayre of BigTrends.com • Dave Landry of DaveLandry.com • The Option Professor of OptionProfessor.com   Bonus info... [AD]

Andreas Steno is back to break down recent market volatility, unpacking all the key drivers, from global liquidity dynamics to the evolving peace deal between the U.S. and Iran, which has seemingly opened the Strait of Hormuz. But is the deal actually done!? Today's sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you're a seasoned trader in the Futures arena or brand new, Plus500's user-friendly trading platform offers you the advanced tools, market insights, and quick execution you've been looking for. Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. 00:07 - US-Iran Deal Nears: What It Means for Markets 02:00 - Inside the 60-Day Iran Deal and Strait of Hormuz Reopening 04:37 - Oil Market Surplus: Why Crude Could Fall Below $70 08:02 - Iran Sanctions Lifted: The New Supply Shock for Global Oil 10:56 - ECB Rate Hike Timing Looks Worse After Hormuz Breakthrough 13:17 - Anthropic Export Curbs: Why AI Models Are Becoming Too Big to Fail 17:51 - SpaceX IPO Surge and What It Says About Risk Appetite 19:55 - IPO Boom, Liquidity, and Why This Cycle May Have Further to Run 21:08 - AI Token Pricing, OpenAI, and Anthropic Ahead of IPO Season 22:45 - South Korea Exports, Semiconductors, and the Next Leg of the AI Trade

In this episode of The Circuit, Ben and Jay dive deep into Apple's WWDC announcements, unpacking the "applied AI" strategy behind the newly indexed Siri, system-level CPU scheduling updates, and Apple's surprising embrace of Nvidia for private cloud compute. Ben also shares his takeaways from the Nebius conference in San Francisco, analyzing their unique custom server racks and their positioning as a highly capable neo-cloud infrastructure provider. Finally, Jay reports back from his recent trip to China, sharing ground-level observations on why US entity list restrictions are losing their impact, how IoT chipmaker Espressif creatively markets globally via Reddit and YouTube despite domestic blocks, and the real-world manufacturing bottlenecks facing humanoid robot actuators.

(0:00) Intro *Reference to the Boardroom Governance Summit at Limerick Lane Cellars, Healdsburg, California (Aug 26-27, 2026)  (2:12) About the podcast sponsor: The American College of Governance Counsel. (2:59) Start of interview.  (4:00) Origin Story of Emily, and Stewardship  (6:15) From Engineer to CEO  (7:14) Companies that she led: Elo Touch Systems (97-00), Capstone Turbine (02-03), Apexon (04-07) and NovaTorque (09-17). (9:50) Changing geopolitics of manufacturing (10:49) First Boards and Public Company Lessons (first board experience in Japan) "The soft skills are the hard part to do." (15:48) On serving in private VC-backed boards. "If you know one board, you know one board. I mean, they are all so different." (22:43) On serving in non-profit boards. "It's one of the best possible ways to get governance experience." (26:20) CEO Mistakes (32:03) Board Succession for leadership and skills. (35:33) Board Evaluations Done Right  (37:41) What Makes Great Directors. *reference to Leading Edge Stewardship, by Linda Riefler and Mayree Clark (Stanford Women on Boards). "Asking the right question, at the right time, in the right way." (39:57) AI and the Boardroom. (46:16) Innovation Versus Oversight. "The goal is informed oversight without operational interference" (49:34) Teaching Governance to Stanford Students  (52:17) Boards need to have a long-term orientation in this short-term world. (52:34) Books that have greatly influenced her life: The Bible Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoglu and James A. Robinson (2012) The Count of Monte Cristo by Alexandre Dumas (1846) (54:12) Her mentors. "[T]hey told me things I needed to hear in a way that I could hear them because it's easy to get defensive." (55:38) Quotes that she thinks of often or lives her life by. "Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.' by Margaret Mead. (56:43) An unusual habit or an absurd thing that she loves.  (57:30) The living person she most admires in governance: Bob Joss. Emily Liggett serves on the boards of Ultra Clean Technology and Materion Corporation. She also serves as Lecturer at Stanford GSB, where she teaches corporate governance and board leadership. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Andreas Steno is back to break down recent market volatility, unpacking all the key drivers, from global liquidity dynamics to the evolving peace deal between the U.S. and Iran, which has seemingly opened the Strait of Hormuz. But is the deal actually done!?00:07 - US-Iran Deal Nears: What It Means for Markets 02:00 - Inside the 60-Day Iran Deal and Strait of Hormuz Reopening04:37 - Oil Market Surplus: Why Crude Could Fall Below $7008:02 - Iran Sanctions Lifted: The New Supply Shock for Global Oil10:56 - ECB Rate Hike Timing Looks Worse After Hormuz Breakthrough13:17 - Anthropic Export Curbs: Why AI Models Are Becoming Too Big to Fail17:51 - SpaceX IPO Surge and What It Says About Risk Appetite19:55 - IPO Boom, Liquidity, and Why This Cycle May Have Further to Run21:08 - AI Token Pricing, OpenAI, and Anthropic Ahead of IPO Season22:45 - South Korea Exports, Semiconductors, and the Next Leg of the AI Trade

In this episode of the Crazy Wisdom Podcast, host Stewart Alsop sits down with client strategist Amadeus Huff to cover a wide range of topics that wind their way from the nuts and bolts of recruiting and payment models to the rapidly shifting landscape of AI adoption in business. The two dig into how AI tools are reshaping client success roles, the murky territory of recording laws and privacy in a globalized world, the geopolitical implications of oil supply chains, sanctions, and the rise of domestic tech ecosystems in countries like Russia and Argentina, and what all of this means for the future of human connection and the nation-state. Amadeus closes on an optimistic note, arguing that as AI takes over bureaucratic busywork and erodes trust online, people will increasingly hunger for genuine human relationships and third spaces. You can connect with Amadeus Huff on LinkedIn.Timestamps00:00 - Stewart introduces Amadeus Huff, diving into recruiting as building connections between job seekers and employers with minimal variance.05:00 - Amadeus discusses AI adoption pitfalls, comparing aggressive growth strategies to Amazon's early model, questioning whether tools deliver promised results.10:00 - Conversation shifts to AI notetaking versus human perception, exploring probabilistic interpretation differences between humans and machines.15:00 - Recording consent laws debated across states, touching on Waymo surveillance, Uber data collection, and public versus private space definitions.20:00 - Global privacy landscape examined, covering Swiss banking secrecy erosion, ProtonMail's departure, and RISC-V semiconductor development escaping US jurisdiction.25:00 - Sanctions creating domestic innovation ecosystems discussed through Russia's example, paralleling Argentina's emerging commerce evolution.29:00 - Closing reflections on AI replacing bureaucracy while preserving human purpose, optimism about meaningful work and deeper personal connections emerging.Key Insights1. Recruiting is fundamentally about reducing variance between what job seekers want and what employers offer. The most ethical payment models in recruiting are tied to proven success, such as waiting three months to confirm a hire is working out, rather than collecting fees the moment a contract is signed.2. Business thinking has shifted from shareholder value to stakeholder value, meaning companies now consider the wellbeing of employees, families, and communities, not just stock price. This shift is accelerating due to AI overpromising and underdelivering, making value-based measurement more important.3. AI is most useful when it handles administrative tasks that provide no direct value to customers, such as transcribing meetings and populating CRM systems. This frees up workers to focus on meaningful relationship-building and intellectual work rather than bureaucratic busywork.4. There is an important distinction between recorded and unrecorded conversation in professional settings. Building trust through informal off-the-record dialogue before switching on a transcription tool creates clearer boundaries and stronger relationships with clients.5. Sanctions tend to follow a bell curve of effectiveness. Over time they force sanctioned countries to build domestic alternatives, which gain adoption and loyalty, ultimately reducing the influence of the original foreign companies once sanctions lift.6. AI is degrading trust in online information to the point where people will increasingly crave authentic human connection, physical gathering spaces, live experiences, and real relationships rather than algorithmically generated content.7. AI is quietly improving intergenerational relationships by removing codependency. When elderly parents learn to use AI for technical help, their calls to family members shift from problem-solving to genuine connection, which strengthens the relationship.

高値をつけたキオクシアＨＤの株価を示すモニター、１２日午後、東京都中央区１２日の東京株式市場で、半導体メモリー大手キオクシアホールディングスの時価総額がトヨタ自動車を上回り、国内首位となった。 Semiconductor memory manufacturer Kioxia Holdings Corp. rose to the top spot in market capitalization in Japan on Friday, backed by growing chip demand from data centers amid the spread of artificial intelligence.

Semiconductor stocks rebound after a rough 5 days, The World Cup will be the biggest gambling event as the tournament kicks off tonight in Mexico City, Check out recent Webinars with CFP Chad Burton of EP Wealth Advisors at Rob's website

Ryan Lee, Senior VP at Direxion, discusses the ongoing AI-driven surge in semiconductor stocks and highlights tools like the SOXL ETF and a Micron (MU)-focused product. He notes the AI cycle is still in its early stages, supporting continued growth across the space. Lee points to broad exposure in SOXL, including AMD Inc. (AMD), Nvidia (NVDA), Marvell (MRVL), Intel (INTC), ASML Holding (ASML), and TSMC (TSM).======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe 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

Semiconductor stocks rebound after a rough 5 days, The World Cup will be the biggest gambling event as the tournament kicks off tonight in Mexico City, Check out recent Webinars with CFP Chad Burton of EP Wealth Advisors at Rob's websiteSee omnystudio.com/listener for privacy information.

Air Date: 6/10/2026 Today we explore how Taiwan's own people are stuck between the US and China. Fewer and fewer of them want to rejoin China but their faith in America is sinking just as fast as Trump treats them as a bargaining chip. Their own leaders are split on how to respond. And the place that makes most of the world's advanced chips has almost no seat at the table where its future is being decided. Full Show Notes Transcript Be part of the show! Leave a voice message, message us on Signal at the handle bestoftheleft.01, or email Jay@BestOfTheLeft.com BestOfTheLeft.com/Support (Members Get Bonus Shows + No Ads!) Use our links to shop Bookshop.org and Libro.fm for a non-evil book and audiobook purchasing experience! Join our Discord community! TOP TAKES KP 1: Xi, Putin & Trump - Who Really Runs the World? | To the Point - DW News - Air Date 5-21-26 KP 2: Can There Ever Really Be "one China?" - Vox - Air Date 5-28-26 KP 3: How the US Is Trying to Challenge China's Critical Mineral Dominance Part 1 - The China in Africa Podcast - Air Date 5-28-26 KP 4: Why Did Trump Take Elon Musk to China? - Paul Krugman - Air Date 5-14-26 KP 5: Why This Island Could Trigger World War 3 - Johnny Harris - Air Date 12-18-25 KP 6: China Will Never Beat Taiwan, Here's Why - Maxinomics - Air Date 3-37-26 (00:53:26) NOTE FROM THE EDITOR The Stories Nations Tell Will Destroy Us_ China, Taiwan, and Trump My commentaries on YouTube - Share them! DEEPER DIVES (01:04:39) SECTION A: THE MAKING OF TAIWAN A1: The Taiwan Conflict, Explained - Ryan Chapman - Air Date 10-13-22 A2: Inside China's Plan to Take Over Taiwan "peacefully" | If You're Listening - ABC NEWS In-depth - Air Date 11-28-25 (01:24:47) SECTION B: THE MULTIPOLAR WORLDVIEW B1: China Rising Part 1: How the Unipolar World Is Ending - Beyond the Ballot Box - Air Date 2-10-26 B2: US Unipolarity Vs China's Multipolarity: Whose Vision Will Shape the New Global Order? B3: China Rising Part 2: Taiwan, Xinjiang, Sovereignty and Human Rights - Beyond the Ballot Box (01:52:00) SECTION C: TAIWAN IN THE CROSSHAIRS C1: What's Behind the Record-breaking $11 Billion US-Taiwan Arms Deal? - DW News - Air Date 12-19-25 C2: Is Taiwan Moving Away From the US? - TLDR News Global - Air Date 4-20-26 (02:09:55) SECTION D: THE SUMMIT AND ITS FALLOUT D1: Xi Warns Trump of Potential "Conflict" Over Taiwan in Beijing Summit on Iran, Trade, Tech & More - Democracy Now! - Air Date 5-14-26 D2: Trump's FAILED Meeting With China's Xi Jinping Was Humiliating - Pod Save the World - Air Date 5-21-26 D3: Strait to the Abyss - The Muckrake Political Podcast - Air Date 6-2-26 D4: Xi Hosts Putin in Beijing, Cementing China-Russia Alliance After Trump's Visit - PBS NewsHour - Air Date 5-20-26 (02:39:44) SECTION E: THE RESOURCE WAR AND AFRICA E1: How the US Is Trying to Challenge China's Critical Mineral Dominance Part 2 - The China in Africa Podcast - Air Date 5-28-26 E2: Why 3 African States Said No to Taiwan - The China in Africa Podcast - Air Date 4-23-26   Produced by Jay! Tomlinson Visit us at BestOfTheLeft.com Listen Anywhere! BestOfTheLeft.com/Listen Listen Anywhere! Follow BotL: Bluesky | Mastodon | Threads | X Like at Facebook.com/BestOfTheLeft Contact me directly at Jay@BestOfTheLeft.com

European equities closed off their lows as oil reversed most of its early 5% gain after easing Middle East tensions, leaving Brent near USD 94. Weak German factory orders weighed on sentiment, while stocks diverged, with Zealand Pharma down 23% and Banca Monte dei Paschi up 13% on takeover news. In the US, technology led gains as chip stocks rebounded, though sentiment softened after Apple's developer conference. Strong demand for SpaceX's IPO and OpenAI's filing point to a solid pipeline. Asian markets followed the tech rebound, led by Korea and Japan, while Hong Kong lagged and China reported stronger-than-expected trade data. Biotech deal activity remained strong, while inflation concerns kept rate hike expectations elevated, with muted moves in precious metals and FX. Enrico Chinello, Next Generation Research, joined to discuss rising opposition to data centres in the US, and what it could mean for investors.(00:00) - Introduction: Roman Canziani, Head of Product & Investment Content (00:28) - Markets wrap-up: Mike Rauber, Product & Investment Content (06:42) - Growing data centre opposition: Enrico Chinello, Next Generation Research (10:03) - Closing remarks: Roman Canziani, Head of Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

The S&P 500 index is removing Pool Corp and Campbell Soup Company from the index and replacing them with Marvell Technology and Flex. Jon, Matt, and Rachel explain what these two new companies do as well as weigh in on whether they could be hidden gems. After this, the team dives into the mailbag with Rachel leading the discussion on Bristol-Myers Squibb and Matt providing some reflections on age-related investing considerations. Jon Quast, Matt Frankel, and Rachel Warren discuss: -Marvel's trillion-dollar opportunity -Whether Flex is overvalued right now -Why Bristol-Myers Squibb stock has gone nowhere for five years -How to think about investing when you're young Companies discussed: Pool (POOL), Campbell Soup Company (CPB), Flex (FLEX), Marvell Technology (MRVL), Bristol-Myers Squibb (BMY), Pfizer (PFE), Merck (MRK), Nvidia (NVDA), Amazon (AMZN), Apple (AAPL), Public Storage (PSA), and NVR (NVR) Host: Jon Quast Guests: Matt Frankel, Rachel Warren Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of What Did We Learn, Josh Brown, Nick Colas and Jessica Rabe examine one of the most extreme stretches of tech outperformance in recent market history and discuss what it could mean for investors going forward. They break down the growing gap between Semiconductors and Software, the role of rising interest rates, and whether leadership is becoming too concentrated. They also take a closer look at SpaceX and why its highly anticipated IPO could be one of the most important market events in years. The crew also revisits the lessons of the dot-com boom, exploring what really happened in 1999, how investors knew the market had gone too far, and what today's environment can teach us about spotting excess before the tide turns. This episode is sponsored by WisdomTree. To learn more about learn more about OPPJ and the broader suite of geopolitical opportunity ETFs WisdomTree offers, visit: https://www.wisdomtree.com/us/strategies/geopolitical-opportunities   Sign up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Compound Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and never miss out! Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to another episode of The Circuit with Ben Bajarin and Jay Goldberg! Broadcasting out of the post-Computex haze—with Jay still stationed somewhere in Asia —the guys dive into a hardware industry undergoing a massive transition. Computex is no longer just a traditional PC and motherboard showcase; it is officially the new epicenter of AI server and data center infrastructure. Alongside the hardware pivot, Ben and Jay break down Broadcom's recent earnings, discussing how a 20% post-earnings stock dip highlights a volatile market where long-term AI expectations are getting dangerously ahead of near-term deployment realities

Jon Najarian @jonnajarian and @jeffkilburg on @LarryKudlowShow Broke it down perfectly:"Yesterday's selloff was healthy profit-taking — nothing more." $SPX still just 3% off all-time highs, up 7.9% YTD and 24% over the last year. Nasdaq up 10.6% YTD, small caps even stronger. Semiconductors still +80% this year despite the dip.#VIX spiked from super-low levels — traders simply rotating ahead of the massive SpaceX IPO next week at ~$135 post-split. Smart money locking in gains in chips $SMH $NVDA to make room for the big inflow everyone's anticipating. AI compute demand is exploding: Google just signed a $900M+/month deal, Anthropic another $1.25B/month. Earnings are gangbusters (27.7% YoY growth). This is a temporary reset, not a reversal. As Dr. J always says — don't flinch. FOMO comes back fast. Stay long the future. $NDX $GOOG $AMZN $TSLA

This week, we're shaking things up a little, with Tom Nardi still in the host seat, and someone besides Al Williams in the other, namely Kristina Panos. In Hackaday news, we have a new Frikkin' Lasers Challenge going on now, although we acknowledge that no one can actually enter their project into it at the moment. We hope to have that fixed in short order. Procrastinators, disregard. You'll have to wait another week for the triumphant return of What's That Sound, but we do have an audio mailbag for you this week. Thanks, Dillon! We look at loading SEGA games from a vinyl record, discuss a really cool project that puts live plane data on your ceiling, and debate the name 'Pop Tuber'. We also discuss DIY routers, and stress over the future of electronic shelf labels.

Microwave Journal editors Jenn DiMarco and Tim Rainear review the articles in the Semiconductor/RFIC June issue, review industry news, and upcoming events + the IMS2026 exhibition. Eric Higham returns as technical consultant.

Old Mutual Wealth Strategist Izak Odendaal explores what the AI-driven capital expenditure boom means for investors.

The podcast opens with updates on the closure of the Strait of Hormuz, a German state-owned energy company contracting for Canadian West Coast LNG, and the Pope's theological document warning about AI. Next, Peter and Jackie introduce this week's guest, Marc Spieler, Senior Managing Director for the Global Energy Industry at NVIDIA, joining from Houston, Texas, to discuss the latest developments at the intersection of AI and energy. Energy and AI are deeply interlinked. Energy companies are using AI to improve efficiency across oil and gas, renewables, and emerging sources such as next-generation fission and fusion. At the same time, AI's explosive growth is driving significant new electricity demand, requiring a build-out of both generation and grid infrastructure. Predicting future power demand from AI remains uncertain; it depends on the pace of adoption and whether GPUs, along with other delivery components of the digital infrastructure stack, will become more efficient over time. Marc highlights that data centres are becoming more flexible, with the ability to reduce consumption during periods of grid stress. This would allow new data centre capacity to be added without straining the grid, while also lowering costs for all power consumers by improving system utilization during off-peak periods. Content referenced in this podcast: NVIDIA Blog with examples of energy company AI applications: Efficiency at Scale: NVIDIA, Energy Leaders Accelerating Power‑Flexible AI Factories to Fortify the Grid (March 2026) NVIDIA's NeMo Framework was used for asset integrity and reliability at Petrobras (March 2025) NVIDIA's Earth-2 library of open models, libraries, and frameworks that democratize global access to professional-grade weather and climate AI NVIDIA Vera Rubin DSX AI Factory reference design to maximize efficiency (March 2026) NVIDIA and Emerald AI, along with other energy companies, pioneer flexible AI factories (March 2026)  Pope Leo XIV, Magnifica Humanitas: On Safeguarding the Human Person in the Time of Artificial Intelligence (May 25, 2026) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify

n this episode of The Circuit, hosts Ben Bajarin and Jay Goldberg break down the latest tech earnings and shifting infrastructure narratives driving the AI boom. Recorded slightly late ahead of the Computex frenzy in Taipei, the duo kicks things off with a surprising reading recommendation: Pope Leo XIV's balanced, 40,000-word encyclical on AI. Shifting to the markets, they analyze Marvell's solid quarter, highlighting how the transition from training to a heterogeneous inference era is shifting Wall Street's focus toward the company's robust optical and throughput networking portfolio rather than just core compute tiles. They also tackle the opacity of electronic design automation licensing to explain why Synopsys saw a 10% stock drop despite a healthy print, noting market anxiety over their massive acquisition of Ansys. Finally, Ben takes a victory lap on his bullish Dell thesis; following a monster guidance report, the hosts discuss how Dell's deep supply-chain integration, flexible financing terms, and premium enterprise support have made them the OEM of choice for both "neo-clouds" and upcoming on-prem enterprise AI factories. The episode closes with a spirited debate comparing NVIDIA's massive ecosystem value creation to Apple's App Store "economic miracle," contrasting standardizing growth with Taiwanese ODM concerns over thinning margins and a loss of differentiation.

Taiwanese officials have apprehended three individuals accused of smuggling Nvidia chips to China, and we debunk the fears over AI's water use. Welcome back to The Blockspace Podcast! Today for our lead story, we cover the latest Nvidia chip smuggling crackdowns in Taiwan, and then we hop into an interview with Udi Wertheimer of Taproot Wizards to discuss the current state of Ethereum, and why one of its chief proponents sold his entire bag of ETH. Then, Haley Thompson, Director of Energy at Luxor, joins us to talk about how the Iran War is impacting energy markets in the U.S.. Plus, we analyze Google's 200MW solar PPA in Oklahoma, concerns with Strategy's STRC, and debunk the viral criticisms surrounding AI data center water usage. Check out our latest report, “What's a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Download here: https://megawattreport.com/ Subscribe to our newsletter to receive updates for all of our shows and content: https://newsletter.blockspacemedia.com

Dell shares are on pace for their best day ever as AI server revenue soars. A setback for SpaceX competitor Blue Origin puts the IPO back in the spotlight.  Semiconductor stocks are on a historic run and Nvidia is no longer leading the charge.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Semiconductor stocks continue to dominate market leadership as AI spending, data center demand, and investor enthusiasm push valuations higher. But is the semiconductor trade becoming dangerously overcrowded? Lance Roberts & Michael Lebowitz examine whether the current AI-driven semiconductor boom is sustainable or if markets are entering another phase of excessive speculation. We discuss narrow market breadth, concentration risk inside major indexes, memory chip pricing, Korea's growing importance in the global semiconductor supply chain, and whether investor optimism is outrunning economic reality. Here's a topical rundown of today's show: 0:00 - INTRO 1:02 - End of Quarter prep; Triton Joins $-Trillion Club 5:59 - Market Driver Primarily Technology 12:05 - Semiconductor Commentary 18:01 - 15 Trading Rules info 19:18 - PCE Price Index Preview 23:03 - U.S. Economy Continues to Accelerate 27:27 -How Does Divergence in Oil Prices Resolve? 29:26 - Market Complacency on Resolution in Iran 31:22 - Dispersion Index - Fragile/Stable vs Ripe for Rotation 33:16 - AI Impact on Economy - Bullish vs Bearish cases 35:43 - AI & the Engels Pause 37:45 - What New Jobs Will AI Generate? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/XB3W7awMDZk ------- Articles Mentioned in Today's Show: "15 Investing Rules To Win The Long-Game" https://realinvestmentadvice.com/resources/blog/15-investing-rules-to-win-the-long-game/ "AI Productivity And Innovation: Prosperity Or Engels Pause?" https://realinvestmentadvice.com/resources/blog/ai-productivity-and-innovation-prosperity-or-engels-pause/ ------- Watch today's "Before the Bell" feature, "Tech Rally Risk Rising," here: https://youtu.be/AVXI7TCayvI ------- Watch our previous show, "Q&A Wednesday: Real Advisors, Real Answers ," https://youtube.com/live/zzDZJD0kIeA ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #TechnologyStocks #Semiconductors #SP500 #MarketRisk #Semiconductors #ArtificialIntelligence #AIStocks

Markets continue to grind higher, but the rally is becoming increasingly dependent on one sector: Technology. While technical trends remain bullish overall, the acceleration in semiconductors and mega-cap tech is creating extreme deviations from long-term moving averages and historical norms. Lance Roberts examines why overbought markets can stay overbought, why narrow market leadership matters, and what history says about parabolic advances in speculative sectors. We also discuss why a 20% correction would not necessarily break the long-term bullish trend, what types of events could trigger a broader reversal, and why risk management becomes critical when momentum accelerates too quickly. We review long-term charts of the S&P 500 and Semiconductors, the growing dependence on Technology leadership, and why investors chasing performance should consider rebalancing and taking profits before volatility returns. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/AVXI7TCayvI --- Articles mentioned in this report: "Corrections vs. Bear Markets: Why 20% Declines Are Obsolete," https://realinvestmentadvice.com/resources/blog/corrections-vs-bear-markets-why-20-declines-are-obsolete/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #TechnologyStocks #Semiconductors #SP500 #MarketRisk

Semiconductor stocks continue to dominate market leadership as AI spending, data center demand, and investor enthusiasm push valuations higher. But is the semiconductor trade becoming dangerously overcrowded? Lance Roberts & Michael Lebowitz examine whether the current AI-driven semiconductor boom is sustainable or if markets are entering another phase of excessive speculation. We discuss narrow market breadth, concentration risk inside major indexes, memory chip pricing, Korea's growing importance in the global semiconductor supply chain, and whether investor optimism is outrunning economic reality. Here's a topical rundown of today's show: 0:00 - INTRO 1:02 - End of Quarter prep; Triton Joins $-Trillion Club 5:59 - Market Driver Primarily Technology 12:05 - Semiconductor Commentary 18:01 - 15 Trading Rules info 19:18 - PCE Price Index Preview 23:03 - U.S. Economy Continues to Accelerate 27:27 -How Does Divergence in Oil Prices Resolve? 29:26 - Market Complacency on Resolution in Iran 31:22 - Dispersion Index - Fragile/Stable vs Ripe for Rotation 33:16 - AI Impact on Economy - Bullish vs Bearish cases 35:43 - AI & the Engels Pause 37:45 - What New Jobs Will AI Generate? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/XB3W7awMDZk ------- Articles Mentioned in Today's Show: "15 Investing Rules To Win The Long-Game" https://realinvestmentadvice.com/resources/blog/15-investing-rules-to-win-the-long-game/ "AI Productivity And Innovation: Prosperity Or Engels Pause?" https://realinvestmentadvice.com/resources/blog/ai-productivity-and-innovation-prosperity-or-engels-pause/ ------- Watch today's "Before the Bell" feature, "Tech Rally Risk Rising," here: https://youtu.be/AVXI7TCayvI ------- Watch our previous show, "Q&A Wednesday: Real Advisors, Real Answers ," https://youtube.com/live/zzDZJD0kIeA ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #TechnologyStocks #Semiconductors #SP500 #MarketRisk #Semiconductors #ArtificialIntelligence #AIStocks

Semiconductor stocks jump again. Helping to lift markets to new highs. We break down how to think about the rally. Then the CEO of Applied Digital, a major player in the AI data center industry, on its mystery hyper-scaler customer and the nearly 500% rally in the stock this year. Plus, new comments from the CEO of Boeing on the company's plans to expand 737 Max production. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets continue pushing to new highs, but the rally is becoming increasingly dependent on one sector: Technology. With XLK and Semiconductor stocks driving the majority of gains, market breadth remains weak beneath the surface. Communications, Financials, Energy, and Materials are telling a very different story than the headline indexes. In today's Before the Bell, we break down the growing disconnect between Technology and the rest of the market, why diversified portfolios are lagging benchmarks, and how hedge fund positioning in Semiconductors is fueling the momentum chase. We also discuss why this narrow leadership can continue longer than expected, what warning signals to watch for, and how investors should think about risk management heading deeper into summer and the mid-term election cycle. Watch for key support levels, momentum shifts, and changes in market leadership before making aggressive portfolio moves. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/d3dc5rwLp1c?si=Hucvfio_XecJZnXd --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #TechnologyStocks #Semiconductors #StockMarket #MarketBreadth #InvestingStrategy

Hosts Chuck Zodda and Marc Fandetti break down a bizarre trading day as standard market correlations completely break down. They unpack Micron Technology's historic surge from $79 billion to a $1 trillion valuation in record time, debating whether AI data center demand can save semiconductor stocks from their traditional, brutal boom-bust cycles. Plus, a look at Goldman Sachs hiking its S&P 500 target to 8,000 and an analysis of why the classic 4% early retirement rule might be fundamentally broken for the modern era. Watch Live on YouTube: youtube.com/thefinancialexchangeshowFollow us on X: @TFEshowSupport Our Veterans: dav5k.boston

https://garykaltbaum.com/The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing. 

In this episode of The Circuit, hosts Ben Bajarin and Jay Goldberg dive into the latest tectonic shifts across the technology and semiconductor sectors, starting with a deep dive into Nvidia's recent earnings report . They analyze Nvidia's impressive numbers—including $91 billion in revenue guidance and strong gross margins—and contrast that success with the stock's stagnant post-earnings performance, comparing the current market skepticism to Apple's smartphone growth cycle around 2010 . The duo breaks down Nvidia's new segment reporting structure, debating the strategic implications of blending networking into data center revenue and splitting the segment into hyperscalers and "Neo clouds" . Ben then shares his first-hand observations from Dell Tech World, highlighting emerging enterprise trends like the financial motivations driving a shift back toward on-prem AI infrastructure to curb unsustainable cloud token spend . Finally, they wrap up the episode by examining two major recent IPO filings: Elon Musk's multifaceted SpaceX S1 and the rare, high-growth prospectus of China's largest memory maker, Chongqing Memory Technologies (CXMT) .

 In this week's episode, David Zarling, Ian McMillan, and Kevin Firari discuss Nvidia performance versus Semiconductors and the broad market as a whole, areas of the market that are underperforming, equal weight S&P 500 (RSP) out to all time highs, recent AAII survey results, interesting names within the Nasdaq that are performing well, fixed income, and potential rate hikes. 

Anne Lord emphasizes Taiwan's critical importance to the global economy via its semiconductor industry. She notes that the Taiwanese people are prepared and investing heavily in defense to protect their democracy and technology. (12/16)ST MARIES ID

PREVIEW for Later Today: Anne Lord examines Xi Jinping's bellicose rhetoric toward Taiwan. She warns that a Chinese move on the island would devastate the global economy because of heavy American reliance on Taiwanese semiconductor manufacturing.1925 TAIPEI

– Happy Memorial Day – A WARM DHU welcome to Kevin Warsh – good luck fella, you are going to need it sir. – The new transient inflation. – Another BOARD? These guys like to make exclusive clubs… PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Happy Memorial Day - A WARM DHU welcome to Kevin Warsh - good luck fella, you are going to need it - The new transient inflation - Another BOARD? These guys like to make exclusive clubs... Markets - Starting to come in a bit..... - Yield curve steepening - potential for a hike over cuts - YIELDS! - Fuels running low - we have the list OH MY... - The 30-year U.S. Treasury yield has surged to around 5.14%, putting it at its highest level since the run-up to the 2008 financial crisis - Bets are pricing in the increasingly possibility of it reaching 5.5% to 6%, which would mark the highest levels since late 1999 - 30-Year mortgage near 6.35% (average) - DOWN from 6.91% at start of 2026 30-Year Yield Bored of Boards - The Board of Peace - remember that one? That was established in 2025 with 15+ countries that pitched in $1 billion for permanent seat - Indefinitely chaired by President Trump, the governing board is a mix of U.S. officials and prominent American businessmen. - So much for the peace part of that.... - Now we hear about the Board of Investment ---The US and China are discussing a mechanism for fast-tracking some Chinese investment deals and a reduction in tariffs on non-critical goods. - Treasury Secretary Scott Bessent mentioned a "Board of Investment" that will be responsible for investment in non-sensitive areas. - The idea of the "Board of Investment" is to have a mechanism that could allow deals that wouldn't need to be referred to the Committee on Foreign Investment in the United States. - In other words - working outside of the established channels that primary function is to determine whether these transactions pose risks to U.S. national security. IRAN - On and off as usual - Cancelled a scheduled bombing? - President Trump speaking with reporters says he will know "soon" if U.S. needs to give Iran another big hit; says Gulf states are helping with negotiations; says Iran keeps agreeing to things and changing their mind; says Iran has 2-3 days to make a deal - This is the parental attempt to manupluate a child - I am going to count to THREE.... 1-2-3-4-5-6 China Trip - Chinese President Xi Jinping warned U.S. President Donald Trump on Thursday that the U.S. and China “will have clashes and even conflicts” if the long-standing issue of Taiwan's independence is mishandled. - Speaking just ahead of Trump, Xi noted the global attention on the meeting, and said a major question for the two countries was whether they could avoid the “Thucydides Trap,” according to an official English translation of his remarks broadcast by CCTV. - The Thucydides Trap refers to how tensions historically between a rising and ruling power have often resulted in a war. Some Observations - Veggie Prices are off the charts --- Cauliflower $9, Carrots $6 small bag (not organic) - - Favorite produce store noticed things going bad.... Realized that people are not buying stuff PPI Inflation - HOTTTTTTTT - Headline MoM: +1.4% - YoY: +6.0% - Core PPI (ex food & energy): about +1.0% MoM - Energy was a big part, but services also saw a large move - Highest monthly increase since march 2022 --- In reaction bonds are selling off - highest on 10 and 30 year since March 2024 (10 YR Broke above 4.65) Outbreak - An Ebola outbreak in the Democratic Republic of Congo and Uganda has been declared a public health emergency of international concern by the World Health Organization - 80 deaths were attributed to the disease. - Outbreak does not meet pandemic criteria, WHO says - Eight laboratory-confirmed cases and 246 suspected cases - At least six Americans in the DRC have been exposed to the Ebola virus, with three exposures deemed high risk WHAT? - One of the highest margin foods, pizza and pasta - Domino's Pizza, is among the pizza giants whose franchisees have filed for bankruptcy - Papa Johns: We have identified approximately 300 underperforming restaurants across North America that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant - Pizza Hut, which also hasn't filed for bankruptcy (YET) , won't be left out of closings as the company's parent Yum! Brands in February said that it would close 250 underperforming locations as part of its Hut Forward plan in the first half of 2026. - PZZA down 65% over the past 5 years - The Papa John's board formally ousted founder and former CEO John "Papa" John" Schnatter in a series of steps culminating in July 2018 and March 2019 BONDS - Yields Spiking - U.S. Treasury yields spiked on Friday following a week of messy inflation data and as traders looked to price interest rate policy under new Federal Reserve Chair Kevin Warsh. - The yield on the 30-year bond jumped nearly 11 basis points to yield 5.121%, the highest since May 22, 2025, and nearing the highest since October 2023. - Japanese long-term bond yields have surged to multi-decade highs, with the 10-year Japanese Government Bond (JGB) hitting 2.8%—its highest level since October 1996 M&A Utilities - U.S. power companies NextEra Energy and Dominion Energy announced a plan to merge on Monday in a $66.8 billion deal that ?will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. - The all-stock transaction, which is pending ?regulatory approvals, is one of the largest-ever energy mergers. - Industry consolidation - -- This year, AES Corp agreed to be acquired by a consortium led by Global Infrastructure Partners and Swedish ?private-equity firm EQT AB for $33.4 billion. ---- That followed Constellation Energy's $16 billion deal with Calpine and Blackstone's $11.5 billion deal for TXNM Energy last year. SOYBEANS - Trump's visit to China yielded little in the way of anything - The United States expects China to sign up to buy "double-digit billions" worth of U.S. farm goods following a summit between Presidents Donald ?Trump and Xi Jinping in Beijing, U.S. Trade Representative Jamieson Greer said on ?Friday. - Greer noted the 25 million metric ton per year soybean deal agreed last October and said the U.S. also expects to "see an agreement for double-digit billion purchases of ags over the next three years per year ?coming out of this visit." - Soybeans and other commodity prices moved higher on Monday as the news was disseminated. CHYNA Deals? - Looks like Boeing got an order of 200 more planes from China. ---- The problem is that was much less that was expected -- Boeing was down on the news. - Some murmurs about China buying more energy (oil, gas) from US - - - There was also something said about President Xi asking about the US intentions of Taiwan Bessent - Transitory - Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for new Fed Chair Kevin Warsh to take over. -- Why are we listening to this crew? They have been wrong about everything - but say it with such confidence. - WAIT FOR IT...... - “I firmly believe that nothing is more transient than a supply shock, and we can, we can look through that, because before the Iranian conflict began, core inflation was coming down. - He noted that he sees substantial disinflation ahead ----- IF there is substantial disinflation that would be bad news as the economy will be slowing precipitously - could be problematic - so it is not clear what he is so excited about Earnings - NVDA is going to be position earnings Wednesday after the close - So far Semiconductor companies and storage companies have been saying that the orders keep flowing in and -  Wall Street analysts project EPS of $1.78 on revenue of $79.2 billion, representing a year-over-year revenue increase of roughly 80%. Open AI - Musk - R0und 1- Musk looses on what looks to be a technicality - Perhaps jurors were miffed that he skipped closing arguments and went to China instead (to be the the Trump Posse) - Naturally he is already discussing appeal Even more Create Financing - Google (GOOG/GOOGL) and Blackstone (BX) are drawing significant investor attention following the announcement of TPU Cloud, a new U.S.-based joint venture designed to commercialize GOOG's Tensor Processing Unit infrastructure at greater scale. - The partnership underscores the accelerating arms race in AI infrastructure, while also highlighting how hyperscalers are increasingly turning to alternative financing structures to fund the enormous capital requirements tied to next-generation AI compute expansion. Fuel Shortages - In case anyone thought otherwise - the Straight is till closed. Fuel Running Low - India: Severe LPG (cooking gas) shortages, rationing in many areas - Pakistan & Bangladesh: Critical LPG and diesel shortages - Southeast Asia (Thailand, Vietnam, Philippines, Indonesia, Malaysia): Jet fuel & diesel shortages, flight cuts - South Korea & Taiwan: Tight jet fuel and refined product stocks - Europe (especially UK): Jet fuel critically low, risk of flight cancellations - Africa (South Africa, Nigeria, parts of East Africa): Jet fuel and import shortages - CUBA - OUT Cooking Fuel (LPG) Shortages - India: Severe shortages, long queues, rationing - Pakistan: Critical LPG shortage, heavy rationing - Bangladesh: Major shortages, price spikes - Nepal & Sri Lanka: Supply cuts, half-filled cylinders common - Southeast Asia (Indonesia, Philippines, Thailand, etc.): Tight supplies and high prices - Africa: Sharp price increases, reduced affordability - Europe/US: Mostly higher prices, no major physical shortages Love the Show? Then how about a Donation? Announcing the THE CLOSEST TO THE PIN for SALESFORCE (CRM)   Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

Carl Quintanilla, Jim Cramer and David Faber explored a tale of two tech sectors: Semiconductors extending their two-day slide after a red-hot run-up, while beaten-down software stocks move higher. Where should you put your money into the two groups? Hear what Intel CEO Lip-Bu Tan told Jim on "Mad Money" about AI and the demand for CPUs. The anchors also discussed treasury yields hitting multiyear highs on inflation jitters and the U.S. conflict with Iran. Also in focus: Home Depot's earnings beat, Elon Musk to appeal the OpenAI trial ruling, Anthropic vs. the Pentagon in court, Google-Blackstone AI venture, Meta layoffs watch.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

MacroVoices Erik Townsend & Patrick Ceresna welcome, Louis-Vincent Gave. They'll discuss, what's going on in the conflict and what it will mean for global markets in the coming months. https://bit.ly/42T7eeW