Travis Hoium

The real challenge that a lot of these companies have is customer acquisition costs.

And so where is that money going?

That's going to companies like ESPN owned by Disney, it's going to advertising on Spotify, you listen to Bill Simmons podcast, constantly talking about FanDuel.

So there are other sort of adjacent ways to play the market, where you're you're actually, you know, investing in where they're spending those customer acquisition dollars, not necessarily on the platforms themselves being profitable.

Do we have a new chip company in town?

Welcome to Motley Fool Hidden Gems Investing.

Welcome to Motley Fool Hidden Gems Investing.

I'm Travis Hoem, joined today by Dan Kaplinger and Tim Byers.

And guys, I think we've got to start with what I think was one of the wildest news items of the week.

TSMC has been this break on this AI CapEx spending for years at this point.

But now Elon Musk is saying, hey, we need more chips.

We need more capacity.

I am willing to put up to $119 billion into becoming now not just an EV company, not just a satellite company, not just an AI company, but also a chip company.

Tim, I want to start with you.

What in the world is going on here?

Because it seems like chips is one of these businesses that is really hard.

I mean, Intel has not gotten this right over the past decade.

And suddenly Musk comes in and do we have a new player in town in the chip game?

Dan, the reason that this, I think, is so important is it impacts so many companies in the entire ecosystem.

You've got the chip manufacturers, TSMC, you have Intel, you have the AI chip suppliers like NVIDIA, AMD.