Caroline Hyde

You have 30 seconds.

Why?

Welcome back to Bloomberg Tech.

I'm zeroed in on the chip sector.

In the session so far, the Philadelphia Semiconductor Index, or SOX, has swung from a decline of about 1% at the open to a gain of now 1.6%.

Really, it's NVIDIA as the biggest points gainer that's pushing higher.

And there was a lot over the weekend about how confident NVIDIA is right now in the infrastructure build-out.

One of the laggards, though, is Micron, down 2.5%.

There was a report over the weekend, we'll bring you the details later in the show, that Samsung, its rival in high bandwidth memory, is going to start shipping latest gen to NVIDIA this month.

Our own colleagues at Bloomberg Intelligence have weighed in this morning saying that actually what's going on with Micron and high bandwidth latest generation 4 is kind of muted.

But right now that seems to be a story in the market.

And again, bring you those deets a little bit later in the program, Karin.

Nora Melinda with the markets wrap, Microsoft up 3%.

I don't know, like I'm trying to think that the anxiety that I was so zeroed in on at the end of last week faded with the Super Bowl.

The technology story is broadening, expanding past just AI and data centers.

In a recent note, Carol Schleif, Chief Market Strategist at BMO Private Wealth writes...

that the real focus is shifting to who's using the technology and how it's being applied.

She adds that rising M&A activity, IPOs, and ongoing innovation could help fuel continued interest and momentum in the year ahead.

Carol joins us now.

I want to start with the shift part and we'll get to IPOs because, of course, it's been a big story for us here on the show.