Joanne Feeney

Well, no company likes any kind of competition, right?

So I'm sure NVIDIA would just be happier if they didn't exist.

But clearly, look, ASICs are very powerful.

That stands for application-specific integrated circuit, right?

So I believe these kind of XPUs or TPUs are going to be designed and going to be put to use for the type of applications in AI for which they're best designed.

So...

It's clearly the case that NVIDIA is going to lose share over time in the big world of AI compute.

But nobody should be surprised by that.

And the pie is still growing so massively.

They can't meet demand.

They're unlikely to be able to meet demand for some years to come.

And so there's a lot of room for ASIC approaches to play roles in various types of models.

So we should expect that.

There is a lot of sporadic, I should say, information about how much AI agents and AI is being used in different settings.

So, right, there was a story today about how Microsoft has reduced its sales targets for getting AI agents to be adopted by their customers.

And so that has people concerned.

You know, Salesforce similarly is trying to roll out right their AI agent capabilities.

And some people are wondering whether that's going to happen.

But there are so many other applications in addition to those kind of smart helper AI agents.

And then I think the earlier in the week announcement with NVIDIA and Synopsys.