You actually have been in Asia a lot and
you've been looking at the factories and you've been talking to people who are
the buyers of some of these chips, the producers, to understand exactly how
much demand there is. What have you seen that gives you such
confidence that this really is a take off story even now with some questions
about how long the Magnificent Three or four US big tech companies can continue
to support it. And we'll be going back to Asia.
And next week, ,000,000,000,000 of CapEx is what we see from an AI
perspective over next three years. You go back six months ago, we thought
that was 500 billion. And so every quarter, if you look at the
underlying demand, not just from Hyperscalers, but eventually it's going
to be other enterprises, it's just starting.
So all of our checks are showing demand's actually continuing to
accelerate. You know, it's fair to bet yields are
improving from production perspective. They're the only game in town use cases
are coming through. We saw that with power.
And here you see that with service now. Now this fourth industrial revolution,
Rome wasn't built in a day. Neither was a revolution.
It's starting to come together. Anyone that thinks this is hype, you
listen to conference calls in video AMD, Microsoft, Palantir and others.
The now know what watch Party News Bears are, but they're not.
They're not listening to the calls that I am.
You say it's LeBron in high school. Why isn't it Zion Williamson?
Why couldn't we end up with a situation where we actually get real competition
and it just doesn't do that well anymore?
How big is this moat around this company?
Yeah, and I think it's a great question. Right now, the only game in town, AMD
and obviously Lisa, Sue and others are going to benefit.
The reason this is a LeBron in high school is because they are so ahead of
any other competitor. And right now they're the only game in
town. The new gold, the new oil, the dam, the
chips. And when you come away from that
conference call last night and I get after hours and embarrass will come out.
But there's nothing that makes me think that we don't have a year from now.
For us, you have three or $4 trillion markups.
Godfather of AI Nvidia, What's happening in Cupertino with the
supercycle starting off on an iPhone 16 and what's happening there in Redmond.