what is kla do?lways tell people kla is the brains behind a lot of what you hear when you talk about semiconductor companies. so i think that this is a good opportunity for you to just set the record straight about where you sit in the process, because you're a lot bigger than people realize in terms of the whole ecosystem of semiconductors. >> yeah. >> well. >> a couple of things. >> one. >> the. >> reason i wanted to. >> join you. >> and share. >> a. >> perspective is because i think there's part of the ecosystem that the public doesn't understand. that's the part that we play and. >> also the history. >> that we've had with high-performance. computing and how that. >> fits into ai. >> okay. so you've got the floor. >> so if you. >> just back up. >> a minute, we. >> were founded. >> almost 50 years ago as a computer. vision company. >> so kind of. >> forever we've been. >> processing data. so we. >> were into. >> big. >> data before people. >> talked about big data. we were into machine learning. a

that's why i brought on kla last night. lam tonight at the same time we have a pc cycle from hell. we have a data center business that's been rocked by some outfit in china no one ever heard of. and we have a new product cycle from apple itself that's both inexpensive and fabulous. i'm going to buy one tomorrow, but people are putting a real hate on enterprise software. now. think of workday and kramer. uber unbelievable. amazing service. now it's a horrendous cohort. here's the bottom line can things stay this tenuous? sadly, yes. i mean, today i shouted over to jeff marsh once the travel trust with me, we'll be on tomorrow's noon. cnbc investing club called. i said, hey man, what? how's the market look to you? i heard him say toppy and i agreed. i said, oh yeah, toppy is the one we've had. he said, no not toppy choppy. i said, oh yeah, that's right. i mean yeah sure, it's real choppy. it's not choppy. and doesn't that level of conviction or lack thereof say it all right now. all right. i want to go. i want to start with old friend david in new york. david. >> good evening. >> mr.

kla-tencor. >> for example. >> one of the biggest. moment on the s&p, although intel continues. >> on pace for the best week since 75. >> is that right? >> intel is now. yeah. intel is now kind of viewed as this. >> proxy of okay, we're going to. >> do more domestic production. >> so whether it's going to happen soon or not or whether it really is going to. >> move things around. >> also obviously. >> super depressed. >> washed out stock, we all know about that. so yeah. that is the. way it's starting to. >> to trade. >> anyway at this point. >> how do you think the implications lie for some of these companies, given that we see arm producing its own chips, apple using its own chips. i mean, there does seem to be more of this build it internally as opposed. >> to. >> or design it. >> internally. >> design it. >> and so it's a matter of who's going to. >> actually build them. and is. >> it a taiwan semi thing. is it a global foundries thing. >> is it an intel thing? by the way we. >> just saw arm there. >> is on the tape as well. nvidi

. >> kla that's up five, that's. >> a lot of belief. on tonight. >> the newest. >> member of the apple family. and by the way, we should also mention berkshire sold out of bank of america, sold some other things, but no apple. they kept that the same maybe went. yeah. >> kind of decided not. >> to trim his. >> best stock ever. probably. i don't know if it's. >> best stock ever because he has merck is best. well yeah. he's got some things. >> from the. >> very, very early days that are pretty you know, but not wells fargo. infinite returns, wells fargo. >> speaking about charlie scharf being. >> the new king. >> and yet, david. >> i watched jamie dimon and. the expletives that the eagles use. before and after the game. >> yes. >> i mean, they must listen. to jamie dimon. >> or maybe they want a job. >> at jp, referring to mr. dimon being quoted. i think it was in an internal it was an internal no such thing as internal. no there isn't, but he's not talking about return to work. and a. >> petition that's. >> being signed by, i guess, some

both kla and lam are the intellectual property geniuses behind a lot of what we do. they have this this an engineering powerhouse. every time. i was very close to novellus when they were bought by lam. archer's a novella. guy the lamb. guys i like, but the novellus guys were brilliant. he's brilliant. huge number of the of losses in china. 2 billion was taken away. yet they still blew away the numbers. how many companies can lose 2 billion in in revs to china and yet still do incredibly well. what a company. >> are you serious about your by apple on china kind of. >> i. >> think developing thesis. >> i think it explains it's the i know that b of a has a note today. are they going to cannibalize. and i did the specs on this thing and i really quite. >> you mean. >> the 16 e. >> yeah i mean i went back and forth with apple saying why not buy it. and it is a great bargain for people who are not necessarily the most facile in making movies with apple, but it's really a bargain for the chinese because it's it qualifies for the subsidy. one of the biggest reasons why the b