exclusive conversation with anna paglia. we will get her views on industry. an uptick in investing and how etf's fit into retirement. i am katie greifeld. welcome to bloomberg markets. taking a look, the s&p 500 currently up .1%. a record high and all that strength is really coming from the tech sector. specifically from nvidia. the nasdaq is higher by about .5%. take a look at the semiconductor index. stocks are higher and it is all about nvidia blowing past expectations. really delivering and showing growth. it is only just beginning. joining us with the details, you and i were on, talking about paper scalars and that the base is starting to expand beyond. walk us through that a bit more. ed: all of the big spending has not only not slow down but it is growing to new areas. nvidia makes chips that can handle a lot of data processes but the first iteration was a very small number of plays. they would sell gp use. microsoft, google cloud running very big data centers. when does it move beyond that? in the outlook for the second quarter, 20 $8 billion plus or