Mike Sheppard

And the supply issue also has spillover effects that it actually touches on smartphone makers and PC makers, too, because as those companies that we just mentioned,

shift their efforts to meet the needs of the AI data centers, the areas for PCs and smartphones risk going wanting in the SSD-type memory and flash memory that is needed for those kinds of devices.

So we're seeing that expansion by Micron.

This just comes at less than two weeks after Micron cut the ribbon on a $100 billion plant in upstate New York, one that's been a couple of years in coming.

So we are watching to see how much more these companies are going to be investing, not only in Asia, but also in the U.S.

as well.

Well, that's right.

And I'm glad you brought that up, Carol, because we saw the news yesterday.

We all followed it so closely on this plan by Microsoft to introduce a new generation of its Maya AI chip, the Maya 200.

And a local business paper in South Korea, the Meili Business Newspaper, is reporting that as many as six SK Hynix HBM3E units were

will go into each Maya processor.

We don't know how many of these Maya 200 processors Microsoft will ultimately have produced for its needs, for its data centers, and for other customers as well.

But the promise is big, and it signals that there could be a lot of demand for this HBM3E processor that SK Hynix has developed to meet those AI memory needs, and it could be something else.

Now, you mentioned

the threat of additional tariffs.

The president yesterday warned that the South Korea trade deal could be reworked to jack up the tariff rate on South Korean imports to 25%.

For now, we're not seeing anything affecting memory, but we'll be watching that closely because there is a lot of pressure from the administration for more investment by South Korean companies here in the U.S.

I have had, as the host of Hot Pursuit, a Bloomberg podcast about cars, the opportunity to drive a lot of your EVs from the Sierra EV to the Hummer EV to the Escalade IQ, and they're fantastic products.

Are you not deterred that Americans aren't buying more of these vehicles?

You know how capable they are.