Lindsay Bell

I think that the Apple stock price reaction is sending a signal that the rest of the market might not have gotten today.

And to me, it says this could be the first sign that the AI bubble could potentially be starting to deflate.

And I don't say that lightly.

I say that in a market that we've been in that rewards margin expansion and at the very worst, margin maintenance.

It is something that we have to keep an eye on because let's not forget one component of this company's business is services or security and software, which has higher margin than the AI infrastructure, silicone one product.

So we do want to keep keep an eye on what that mix looks like, because that's what's part of what has impacted margins in the last couple of quarters.