semiconductors

“And if we take the philosophy of we want to be a little like Nike, start by selling it to the Olympic athletes and get everyone to buy it. That was sort of the proving ground. And so we still have a few semiconductor companies, you know, that we're scaling up …”

“China is, like, the number one trade deficit for China is semiconductors, and it has been since 2005, so they want to buy semiconductors. Obviously US trade policy oscillates, but semiconductors are the single biggest deficit for China.”

“In 2020, even before the AI boom, China imported Three hundred and fifty billion worth of semiconductors which was more than the value of the crude oil it imported that year.”

“The baton got passed from semiconductor shortages in 23 to power and data centers in 24, 25. 26, we're still, we're swinging the pendulum, but it will fully beat semiconductors again in 27, right?”

“Data centers, energy, obviously, you have another guest who talked about it's not an issue for China, right? It's somewhere they could build as many data centers as they want, as long as they can get the chips. That's the bigger issue.”

“So, I think sentiment's very negative. I've kind of had this Huge up, parabolic up move the last few months, and likely a lot of retail and hedge funds piled in, and we were seeing this unwind now.”