Caroline Hyde

Quarterly profit tripled.

Because memory.

We've been talking so much about the supply constraint and bottleneck that is memory right now and pricing goes up.

But if you're a memory maker and pricing goes up to that extent, it's usually pretty good for your bottom line.

The stock down about a percentage point, but that was the big headline.

And it has been such a focus this week.

The issue and bottleneck that is memory chips, not just in the data center context, but of course PC as well.

And of course, because Jensen Wang made that point, the shares went wild.

Maybe that's why we're pulling back a little bit on Samsung.

But let's switch gears a little bit, because another key part of our conversation that we had yesterday with Android founder Parmalaki was where we discussed U.S.

competition with China.

And Ed, you first asked him about the compensation package after President Trump called for capping executive pay with defense contractors in particular.

Just take a listen.

One of the provisions that the president proposes is a salary cap of $5 million.

In the Bloomberg story, it outlined some of the comp of those CEOs.

Would you be willing to say what you pay yourself at Anderil?

And if you would abide by... I pay myself $100,000 a year.

Significantly less than a $5 million cap.

But I also own a lot of my company.

And so this measure is not really written in a way where it's intended to hit new companies, starting new things.