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May 21, 2024
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and interesting reporting on asml and tsmc.sml is off by 1.5% as we see the extrusive reporting showing that an event that china invades taiwan, both tsmc and the chip equipment making company asml could have a kill switch. they can remotely disable their chipmaking machines. we hear about the importance of taiwan from nvidia's ceo. >> taiwan is at the epicenter of the world's technology supply chain. without taiwan, it would be very difficult for michael and i to do our jobs. it would be difficult for us to serve. the technology industry depends very heavily on taiwan. caroline: the ai juggernaut has spoken and he saying taiwan is really important as if we forgot. we join mike sheppard. this is extraordinary piece of reporting. companies having to ease u.s. government concerns here. mike: that is right. this is actually answering this reporting one of the fundamental question surrounding taiwan, one of -- one of the big what if speed three years, the u.s. government has warned that china has its eyes on taiwan and might try to
and interesting reporting on asml and tsmc.sml is off by 1.5% as we see the extrusive reporting showing that an event that china invades taiwan, both tsmc and the chip equipment making company asml could have a kill switch. they can remotely disable their chipmaking machines. we hear about the importance of taiwan from nvidia's ceo. >> taiwan is at the epicenter of the world's technology supply chain. without taiwan, it would be very difficult for michael and i to do our jobs. it would be...
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May 22, 2024
05/24
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asml and tsmc --in an emergency scenario such as china invading taiwan -- let's get more on this scoopis is a fascinating, exclusive report from bloomberg. can you tell us exactly how that idea works, and is it something we knew about that could be possible with these companies? >> i think there are two things to think about, the ability which the chairman of tsmc hinted at last september that they could render their factories in operable. what it seems to be is that asml has a kill switch up some kind which allows them to disable the extreme ultraviolet machines used in tsmc's chips and taiwan. even without such a capability, those supply chains that go into making these machines work, that go into making chips work are so complex and touch so many different countries, in the event of a chinese invasion of taiwan, if taiwan -- if china invades taiwan, all of their supplies that go into making chips, the silicon wafer's, the chemicals, the machines from japanese, south korea, american and dutch companies -- all of those stop. there will not be continuing to export machines that tsmc ne
asml and tsmc --in an emergency scenario such as china invading taiwan -- let's get more on this scoopis is a fascinating, exclusive report from bloomberg. can you tell us exactly how that idea works, and is it something we knew about that could be possible with these companies? >> i think there are two things to think about, the ability which the chairman of tsmc hinted at last september that they could render their factories in operable. what it seems to be is that asml has a kill...
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May 31, 2024
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asml. liz: yep. okay. you like asml.onth. ed, i mean, crm, salesforce, is suddenly popping 7.33%. a lot of interest here. united health care is gaining, boeing, mcdonald's, chevron, verizon. suddenly, we're with up about 544 points. the s&p is also gaining just around session highs. 36 points. three-quarters of a percent. it had been as low as a 43 points to the downside. why do you think a swing comes in the last two minutes of a friday session? >> well, you know, you know what happens, right in we get the june swoon, you know? so maybe people are trying to make some money and get in before we have the typical summer doldrums. obviously, we don't always a have them, but you know the old adages and so forth. sell in may and go away, things of that nature. so now we have people buying and going on vacation. god bless 'em. but could this market have too much exuberance and be overdone? if maybe so. we certainly see warning signs throughout the entire economy. but as a i like to tell my friends even though my best pick righ
asml. liz: yep. okay. you like asml.onth. ed, i mean, crm, salesforce, is suddenly popping 7.33%. a lot of interest here. united health care is gaining, boeing, mcdonald's, chevron, verizon. suddenly, we're with up about 544 points. the s&p is also gaining just around session highs. 36 points. three-quarters of a percent. it had been as low as a 43 points to the downside. why do you think a swing comes in the last two minutes of a friday session? >> well, you know, you know what...
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May 21, 2024
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coming up, baseless of reportingtsmc and asml down the keyq
coming up, baseless of reportingtsmc and asml down the keyq
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May 10, 2024
05/24
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will we see a read across to asml shares at the european open? we shall keep an eye.rg has learned that apple will deliver some of its upcoming artificial intelligence features this year via data centers. sources say the high-end ultra chips will be deployed in cloud computing service designed to complete the most complex ai tasks. apple set to lay out their strategy in that area in the coming months. we will get back to the monetary policy. the bank of england sending its clearest signal yet that it is closing in on the rate cuts. we will discuss that and the fed within the global head of private capital advisory at raymond james. stay with us. this is bloomberg. ♪ ♪ lizzy: u.s. jobs data supporting the case for fed rate cut's this year. that's after jobless claims hit their highest level since august. joining me now to discuss is sunaina sinha haldea at raymond james, global head of private capital advisory. pleasure to have you with me in the studio. let's talk about the fed. how patient can it afford to be? sunaina: it can afford to be quite patient after being la
will we see a read across to asml shares at the european open? we shall keep an eye.rg has learned that apple will deliver some of its upcoming artificial intelligence features this year via data centers. sources say the high-end ultra chips will be deployed in cloud computing service designed to complete the most complex ai tasks. apple set to lay out their strategy in that area in the coming months. we will get back to the monetary policy. the bank of england sending its clearest signal yet...
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May 16, 2024
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part of that -- europe does have some champions like asml and novo nordisk.se companies are doing really well. in u.s., it's a very small cohort which you would argue is expensive. if you look at equal weighted s&p, it is still the same from 2015 to 2020. >> yeah. it is all bougttombottom-up now? >> yes. in fact, we think the modern leg is moving from software to hardware. nvidia, a hardware company, will become the largest company in the u.s. asml and tsm are the largest companies in europe. they are hardware businesses. we are moving to the world from software back to hardware. >> fascinating. this story is one, as we said, you have to pick and choose and be specific where the question mark lies. that's why we bring you along. >> the largest consumer returns year to date. >> thank you so much for the time. the head of equity at fulcrum asset management. our u.s. colleagues will speak with tom barkin later on today. that is coming together at 4:00 p.m. cet. >>> coming up on the show, siemens confirming the full-year outlook. we will have the interview with t
part of that -- europe does have some champions like asml and novo nordisk.se companies are doing really well. in u.s., it's a very small cohort which you would argue is expensive. if you look at equal weighted s&p, it is still the same from 2015 to 2020. >> yeah. it is all bougttombottom-up now? >> yes. in fact, we think the modern leg is moving from software to hardware. nvidia, a hardware company, will become the largest company in the u.s. asml and tsm are the largest...
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May 10, 2024
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to asml and a competitor that i own, these are labelled within technology they're building machinery, about as industrial as it gets, but those are industrials in my mind as well that will benefit from all of the things we're building in the u.s. >> weiss, caterpillar is new >> it is new and, again, i'm looking at it and waiting for it to pull back >> we still own it, yes. >> and that was a phenomenal call you made as well as simpson when he bought it. i was skeptical then with powell putting the floor on things again, i don't know if it's there to stay deere, who knows they've been -- construction is not that big enough of a part of their earnings in terms of textron, it was a great opportunity to add off the earnings my long-term thesis has not changed. >> if you don't have enough industrial exposure, you may find up self underperforming i like the caterpillar buy, we own it united rentals -- >> all-time high you mentioned the infrastructure spending reshoring to north america, they see equipment renting. not a sexy name but continues to make highs they have great exposure to europe
to asml and a competitor that i own, these are labelled within technology they're building machinery, about as industrial as it gets, but those are industrials in my mind as well that will benefit from all of the things we're building in the u.s. >> weiss, caterpillar is new >> it is new and, again, i'm looking at it and waiting for it to pull back >> we still own it, yes. >> and that was a phenomenal call you made as well as simpson when he bought it. i was skeptical...
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May 22, 2024
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government that if necessary, asml would have shutdown access to those machines.make of the possibility of government intervention to prevent the technology getting into the wrong hands? >> i think if you look at the global supply chain for the semiconductor, there's a lot of different points of failure, and i think this kill switch in the machines is one of those points of failure. if china was to take over taiwan, all of the supplies -- suppliers are going to stop supplying tsmc, amc, and the other chip companies in taiwan with equipment and chemicals necessary to make semiconductors. they are not going to send engineers to maintain those machines. they are not going to send the chemicals and silicon wafer's to be turned into semiconductors, so there are many different points of failure where significant -- where berlitz could intervene in the process of making semiconductors if they thought it necessary, and if china was to invade taiwan, i don't think any japanese company or korean company or u.s. comp and he will be sending their engineers or products to taiw
government that if necessary, asml would have shutdown access to those machines.make of the possibility of government intervention to prevent the technology getting into the wrong hands? >> i think if you look at the global supply chain for the semiconductor, there's a lot of different points of failure, and i think this kill switch in the machines is one of those points of failure. if china was to take over taiwan, all of the supplies -- suppliers are going to stop supplying tsmc, amc,...
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May 6, 2024
05/24
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everyone knows about nvidia, but other companies like lamb and asml are integral, they are chip makers to manufacturing. they sell to tsmc, they sell to everybody. note russian the semiconductor industry as a whole is exiting the downturn, bumping the bottom maybe, but really accelerating. semi cap equipment is a good place to be in addition to a company like nvidia in terms of having exposure to a lot of chip growth. separate from that, we like idiosyncratic names like apollo management, the private equity private company's private. you have covered that for a long time on this show. apollo is well positioned and the stock is trading at 12 to 13 times earnings and we think that looks really interesting here sonali: sonali:. we will be talking more about those private markets later in the show. that was fl putnam chief market strategist ellen hayes and. thank you for going through these markets, public and private, for us. investors are concert -- cautiously upping bets or rate cuts this year as early as september. since they are in no hurry, they are flocking back to fixed income asse
everyone knows about nvidia, but other companies like lamb and asml are integral, they are chip makers to manufacturing. they sell to tsmc, they sell to everybody. note russian the semiconductor industry as a whole is exiting the downturn, bumping the bottom maybe, but really accelerating. semi cap equipment is a good place to be in addition to a company like nvidia in terms of having exposure to a lot of chip growth. separate from that, we like idiosyncratic names like apollo management, the...
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May 23, 2024
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asml is up 3.41% infineon trading higher to the tune of 0.9% karen and arabile are at the tech conferenceparis i assume nvidia is the talk of the town this morning. we are running out of sup superlatives here. >> as you talked about nvidia, the party cranked up here and that is, perhaps, a metaphor here the numbers keep running the $22 billion and has climbed to $26 billion this time which was ahead of expectations. the forecast is 28 billion dollars which is ahead of what the market thought was a high hurdle on revenue. the market is showing we have gone peak margin height because that's going to come down in the next quarter according to the guidance. >> the margin will slip slightly the question is when do the law of big numbers catch up with nvidia how long can they continue to triple revenue every quarter year on year that will have to catch up with the company. for now, a few things in the nvidia sweet spot. strong demand from the hyper scalers with amazon and microsoft which continue to buy the product and excited about the blackwell chips as well. the supply constraints are workin
asml is up 3.41% infineon trading higher to the tune of 0.9% karen and arabile are at the tech conferenceparis i assume nvidia is the talk of the town this morning. we are running out of sup superlatives here. >> as you talked about nvidia, the party cranked up here and that is, perhaps, a metaphor here the numbers keep running the $22 billion and has climbed to $26 billion this time which was ahead of expectations. the forecast is 28 billion dollars which is ahead of what the market...
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May 16, 2024
05/24
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completely produce microchips. that is, we are talking about a significant part of the production cycle, asmlo create them. for comparison, this is how much time and money russia spent on supporting the ukrainian economy from 1991 to 2014, that is, this is the scale of the numbers. can we catch up with this? no, but we don’t need it, that is, we can buy used machines in western europe, the chinese buy used machines in japan and this way we can produce those chips that we need. as for something new, as i already said, memristors, a collaboration of italian and chinese physicists working at king abdullah university in saudi arabia has already been proven, last year they showed that... memristors can be made in a quarter of a micron 230 nm, as soon as we are able to make wires 100 meters wide, russia can instantly become the world leader in the production of neuromorphic chips, transistor chips will begin to be replaced, that is, this may well happen in the coming 10 years, so i'm optimistic about the future and my answer is 70%. 70%, thank you very much. i would not pose this task here like thi
completely produce microchips. that is, we are talking about a significant part of the production cycle, asmlo create them. for comparison, this is how much time and money russia spent on supporting the ukrainian economy from 1991 to 2014, that is, this is the scale of the numbers. can we catch up with this? no, but we don’t need it, that is, we can buy used machines in western europe, the chinese buy used machines in japan and this way we can produce those chips that we need. as for...
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May 30, 2024
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you like nvidia still, asml. >> yes. >> this is definitely not a symbol. >> walmart.harles: there we go. so you like defensive. by the way we're seeing that today, a rally. love it. average car is like 12 years old. health care, what is vrtx? >> vertex. charles: okay. >> we're so hyper fixated on glps. our investment committee does not believe we're at the peak, probably a little bit early infancy knowing where that takes us. charles: sure. >> we've forgotten about all other the pharmaceutical advancements. vertex is sitting on non-opioid pain medication. we know about the opioid issues in this country, that could be a big catalyst for that company. charles: nicole, thank you. >> yeah. charles: all right, folks as you know we're celebrating the 10th year anniversary of "making money" with charles payne this week. i want to thank you at home as always. we'll be right back. let's share one of the memories. >> congratulations on 10 years, charles payne. it's a pleasure for us to come before your show. brian: we're so glad you're helping america make money every single da
you like nvidia still, asml. >> yes. >> this is definitely not a symbol. >> walmart.harles: there we go. so you like defensive. by the way we're seeing that today, a rally. love it. average car is like 12 years old. health care, what is vrtx? >> vertex. charles: okay. >> we're so hyper fixated on glps. our investment committee does not believe we're at the peak, probably a little bit early infancy knowing where that takes us. charles: sure. >> we've forgotten...
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May 7, 2024
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point, and it kind of speaks to earnings season early earning season, you had the netflix report, the asml the stocks were down, and that got our attention if those stocks put up okayish numbers and are down double digits, what could the rest of the earnings season look like? big tech delivered and stabilized, but it puts into context how important nvidia is. it's being priced as a macro risk, not a single stock risk. and based on how the other stocks react to earnings, it's incredibly important >> if you look at megacap tech in the form of at least the nasdaq 100, relative to the s&p, it looks like it made a high in mid january, actually, it really made a high back in july and kind of gone sideways. there's a bit of a down trend. looking for leadership that has come from the megacap tech stocks, is that concerning to you? and semis have kind of held in they have kind of -- they've really, they've at least held serve, and as we've said, nvidia is critical, but nasdaq 100 underperforming the s&p from january in a down channel, and that concerns, i think, leadership >> yeah, look, the leader
point, and it kind of speaks to earnings season early earning season, you had the netflix report, the asml the stocks were down, and that got our attention if those stocks put up okayish numbers and are down double digits, what could the rest of the earnings season look like? big tech delivered and stabilized, but it puts into context how important nvidia is. it's being priced as a macro risk, not a single stock risk. and based on how the other stocks react to earnings, it's incredibly...
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May 21, 2024
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i think for holders of lam research, should we be in asml. the pricing is different for amat. i'm more comfortable because amat touches more of the actual chain by which semiconductors are built, but, regardless, whether it's amat, lam research, we're building semiconductors plants all over the place. it's japan, it's india and all of these companies will benefit. i would love to touch on qualcomm. >> i was going to bring it up. go ahead. chips have gone crazy and qualcomm is on the list of the third best performer so a record high today, you have texas instruments 24. we talked about nvidia. kla, taiwan semi, micron, marvell and your qualcomm has done well. >> thanks for that. scott, the reason i'm eager, everyone know this is stock was in the desert in '22 and '23. if you're a long-term investor, what's going on? there's real intellectual property at qualcomm. this is similar again to stephanie with broadcom that this is a different way of playing a.i. you saw the announcement they're providing -- qualcomm is providing chips for a.i.-enabled computers. that's huge. this is i
i think for holders of lam research, should we be in asml. the pricing is different for amat. i'm more comfortable because amat touches more of the actual chain by which semiconductors are built, but, regardless, whether it's amat, lam research, we're building semiconductors plants all over the place. it's japan, it's india and all of these companies will benefit. i would love to touch on qualcomm. >> i was going to bring it up. go ahead. chips have gone crazy and qualcomm is on the list...
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May 9, 2024
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when you have asml -- >> novo. >> and novo, you have some pretty sexy, you know, pharma, bio tech, and tech companies that are getting their just due. and if you look at the performance of europe over the last year, these companies have had a same disproportionate outsized return profile to the overall index. i think we know in the blicep, the i is my international etf. i think you have a dynamic here, where international really has a backdrop even with a stronger dollar. and again, the dollar will strengthen, if the central bank differentials favor the fed being tighter than the ecb but it's still going to be good for european stocks. look at the european banks it is easy to pick on deutsche bank over the years, but if you look at their performance, look at a bnp, ubs, these are stocks that are up 20%, to 25%. so, i like europe and i think it's going to continue. >> we've had strategists put forth their version of the mag seven, i think today you mentioned that the latest is -- >> they like acronyms, too, guy. >> who -- you don't -- see, you -- 1. >> you don't get as high multiple wit
when you have asml -- >> novo. >> and novo, you have some pretty sexy, you know, pharma, bio tech, and tech companies that are getting their just due. and if you look at the performance of europe over the last year, these companies have had a same disproportionate outsized return profile to the overall index. i think we know in the blicep, the i is my international etf. i think you have a dynamic here, where international really has a backdrop even with a stronger dollar. and again,...
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May 21, 2024
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it also says that asml reassured dutch officials about that kill switch. joe? bit of a gain. the nasdaq was a new high yesterday. big record close. the dow was down about 200 points. you can see that, we're seeing a little bit of a move in the nasdaq, but the dow is up. the treasuries this morning, about 40 or so, 442. let's get to dom chu with a look at this morning's pre-market movers. >> let's quick things off with a look at a few analyst calls moving things around pre-market. you just smpoke about earnings and retail. gap stores were up about 1.5% off the pre-market highs, over 30,000 shares of volumes, due in part to the team over at citigroup, which is opening up a positive catalyst watch on the p apparel and retailer, also old navy, and@letta stores. they think that gap will announce a big earnings beat when it announces on may 30th. a week later, not this week, but next, driven by things like better comp store sales growth at old navy, also, better overall profit margins. that store is buy rated. those shares are on the move. a couple of casino gaming s
it also says that asml reassured dutch officials about that kill switch. joe? bit of a gain. the nasdaq was a new high yesterday. big record close. the dow was down about 200 points. you can see that, we're seeing a little bit of a move in the nasdaq, but the dow is up. the treasuries this morning, about 40 or so, 442. let's get to dom chu with a look at this morning's pre-market movers. >> let's quick things off with a look at a few analyst calls moving things around pre-market. you just...
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May 23, 2024
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it's companies like tsm, asml.hink google and meta are particularly well-positioned, given they actually own the underlying models. that's what we're looking for, kind of this next shift. but this undoubtedly is going to be the underpinnings of a bull market in the next three to five years. >> so, hyper scalers and hardware are you thinking software at this point are you thinking about companies that will deploy a.i. for gains in their business that may be outside of technology? >> so, most of our investments are not there currently, but that's going to be the next wave, call it a year-plus, kind of the two to five-year. so, eventually, we'll get around to doing that. we invest in private and public companies, and so, there are companies like hugging face, for example, that is on the model side, so, there are other opportunities, i think, so invest in this wave that are not right down the middle with nvidia >> gene, when you look at blackwell, it's about four, six times faster than hopper, and you wind up seeing th
it's companies like tsm, asml.hink google and meta are particularly well-positioned, given they actually own the underlying models. that's what we're looking for, kind of this next shift. but this undoubtedly is going to be the underpinnings of a bull market in the next three to five years. >> so, hyper scalers and hardware are you thinking software at this point are you thinking about companies that will deploy a.i. for gains in their business that may be outside of technology? >>...
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May 21, 2024
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. >> there's a fascinating story about asml and taiwan semi being able to, what, turn off the chip machines if china invades taiwan. >> in the event of nuclear war, we're fine. that was the strangest story. well, i didn't know we were about to go to work. if we do, thank heaven asm's big systems will still work. we can pull the plug. no, no. guys, let's not issue things like that. lam research is up 60 points on the split. warning the other people in semiconductorville, if you do a split, that's a better way to get your stork up than beat. maybe i've got to talk to da kesh about splitting the stock. >> we'll get to palo alto in a minute. breaking news from the fed and we'll turn to steve leishman. >> fed offering guardedly dovish remarks saying further increases in the policy rate are probably unnecessary. he says he needs several more months of good inflation data before being comfortable to cut rates. the important part, he talks about progress on inflation seems to be reducing, that's on other economic data out. restrictive monetary policy he believes is helping to cool demand the data s
. >> there's a fascinating story about asml and taiwan semi being able to, what, turn off the chip machines if china invades taiwan. >> in the event of nuclear war, we're fine. that was the strangest story. well, i didn't know we were about to go to work. if we do, thank heaven asm's big systems will still work. we can pull the plug. no, no. guys, let's not issue things like that. lam research is up 60 points on the split. warning the other people in semiconductorville, if you do a...
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May 23, 2024
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not far behind, though, is asml, amd, micron, qualcomm, broadcom, kla and a lot more s&p hanging on to4 off the opening his.gh stop trading with jim is next. ps are still calling each other rock stars. you're a rock star. we're all rock stars. oooo look look at my data driven insights, i'm a rock star. great job putting finance and hr on one platform with workday. thank you! guys, can you keep it down. i'm working. you people are (guitar noises). hand over the air guitar. i've got another one. [busy hospital background sounds] this healthcare network uses crowdstrike to defend against cyber attacks and protect patient information. but what if they didn't? [ominous background sounds] this is what it feels like when cyber criminals breach your network. don't risk the health of your business. crowdstrike. we stop breaches. her uncle's unhappy. don i'm sensing anlth underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”
not far behind, though, is asml, amd, micron, qualcomm, broadcom, kla and a lot more s&p hanging on to4 off the opening his.gh stop trading with jim is next. ps are still calling each other rock stars. you're a rock star. we're all rock stars. oooo look look at my data driven insights, i'm a rock star. great job putting finance and hr on one platform with workday. thank you! guys, can you keep it down. i'm working. you people are (guitar noises). hand over the air guitar. i've got another...
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May 24, 2024
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and that's back, and i think that that asml comment, we got to go back to what they said at taiwan semie can shut these things down, and then go back to gina raimondo from commerce, and a lot of people feel, oh, she's picking winners. what she is picking, and her team is very good, brad konig ran the investment banking division at goldman. they're not picking winners. they're picking a strategic semiconductor reserve. if we don't build them here, and china takes action, then we are done we saw what happened with covid. i had felt, and i know it's a very outlier move, that maybe we do have to put soldiers there. no one wants to put soldiers anywhere, but we have to make a statement to the chinese, listen, this is not -- we're not going to let this stand. as a country, we can't let taiwan -- taiwan's the most important ally we have that's probably true i mean, that's something that's a little bit fraught, that they're our most important ally, because we can't make most of the things we make without them. >> it would be a huge new chapter, jim, in geopolitical risk while we're at it today,
and that's back, and i think that that asml comment, we got to go back to what they said at taiwan semie can shut these things down, and then go back to gina raimondo from commerce, and a lot of people feel, oh, she's picking winners. what she is picking, and her team is very good, brad konig ran the investment banking division at goldman. they're not picking winners. they're picking a strategic semiconductor reserve. if we don't build them here, and china takes action, then we are done we saw...
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May 21, 2024
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taiwan and will continue to do so for the next foreseeable time and overnight we had a scoop about asml tsmc saying that they can disable all of their manufacturing remotely if china were to invade taiwan. how important are these geopolitical conversations to these technology companies right now? mandeep: i mean when i look at nvidia right now, the biggest risk going into the quarter is the fact china revenue again completely go away. it's the same risk for apple. they seem to be maneuvering it well that and these companies are dependent on china for revenue, and to an extent, on the supply chains. apple still has 90% of the assembly being done in that region. nvidia doesn't have that kind of fixture on the assembly side but it still relies on some parts of that region, so the geopolitical conflicts are creating the tensions into these companies seem to be maneuvering it well. at least so far. jonathan: this is about a kill switch, they can kill production but productions don't come from somewhere. where is that supply going to come from? mandeep: we know that they are looking into othe
taiwan and will continue to do so for the next foreseeable time and overnight we had a scoop about asml tsmc saying that they can disable all of their manufacturing remotely if china were to invade taiwan. how important are these geopolitical conversations to these technology companies right now? mandeep: i mean when i look at nvidia right now, the biggest risk going into the quarter is the fact china revenue again completely go away. it's the same risk for apple. they seem to be maneuvering it...