Nick Martell
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh, I'm sorry, Jack.
I got one more for you.
Broadcom, another chip company, closed Friday with a $2 trillion market cap for the first time.
AMD and ARM, two other chip companies, both jumped 10% on Friday.
What the heck?
Here's one more.
TSMC, they make chips.
Their stock just hit an all-time high.
And it wasn't just Friday.
It's been going on for a while.
The iShares ETF that tracks 34 major chip companies has risen 18 straight trading days.
Add it all up, yetis, and grab that guac because chip companies are up 47% this year.
Nick, my father-in-law owns Broadcom stock.
It's all he talked about all week to me.
When a boomer owns a tech stock, they will talk about that more than their grandkids.
But yetis...
their gain is someone else's pain.
Their gain being chip companies.
Because for software companies, it's been opposite day on the stock market.
Let's look at Intuit.