Stephen Carroll

But you have to go and read that one.

Bloomberg's Mark Gurman.

Terrific stuff.

Thank you very much.

It's been a rollercoaster week for memory and storage stocks.

After Google unveiled an AI breakthrough that can cut the memory requirement to run an LLM by a factor of six, the market reaction came in waves.

First, everything in memory sold off around the world.

Then investors started to realize this might not be doomsday for all of them.

Let's refresh your memories for a moment.

If storage for AI data is like a warehouse, NAND and Flash are the long-term holding area.

But high bandwidth memory, on the other hand, is the workbench, the loading dock.

This is how it was summed up by Bloomberg's Mandeep Singh of Bloomberg Intelligence of how the market is digesting this breakthrough in memory.

So this isn't the AI trade breaking.

It's investors getting much more informed, but more selective about where the demand actually is.

Worth going back and reading that on the Bloomberg Terminal.

Now coming up, we're going to hear from Coastal Ventures co-founder Vinod Khosla on his take on the AI race between the US and China.

That conversation next.

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