Now Playing
AMD Hits $1T, ASML's Backlog Edge & Bond Yields Test Chip Valuations
Audio is available on Spreaker — see link below.
AMD crosses a trillion-dollar market cap on 107% data-centre revenue growth, while rising Treasury yields test stretched semiconductor valuations. Today's briefing also covers ASML's EUV supply-chain leverage, the US-China AI hotline, and Qualcomm's concentration risk.
Audio is available on Spreaker — see link below.
Trump and Xi agreed this week to open a bilateral AI incident hotline. And the chip controls?
AMD crossed the one trillion dollar market cap threshold this week, and the data behind it is hard to dismiss. Data center revenue came in at six point seven two billion dollars in Q2, up a hundred and seven percent year over year.
The more quietly important development is the growing divergence between ASML and Nvidia in analyst positioning. ASML's order backlog at year-end twenty twenty-five exceeded its full-year revenue.
The macro context shifted sharply. The ten-year Treasury yield climbed to five point two three percent, the highest level since June two thousand and seven.
One name worth watching carefully is Qualcomm. Apple, Samsung, and Xiaomi each represent over ten percent of Qualcomm's revenue.
The real tests in the near term are three. Whether the AMD Helios supply chain can actually deliver on Su's twenty twenty-seven guidance.
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.