i feel like this is one of the big stories of our time. We think this gets done by recess, because finally people are beginning to understand the urgency here. It really ntyou know, the cap x budgets of sam song, of intell, of t s m c, it's just not that much money. And same with mo too, for the chip industry. The more sort of proactive approach would be, well, this is a sputnic moment. This is something that nation states need to get behind,. Because tis is really important for our future.
Bloomberg News Economics Reporter Rich Miller explains why the Federal Reserve will probably have to inflict much more pain on the economy to get inflation under control. Bloomberg Businessweek Editor Joel Weber and Bloomberg News U.S. Semiconductor & Networking Reporter Ian King share the details of Ian's Businessweek Magazine story US Risks Falling Even Further Behind With Tortured Chips Act. Bloomberg Intelligence Senior Software & IT Services Analyst Anurag Rana reports on Apple announcing a rare retail promotion in China on Monday, offering four days of discounts on its top-tier iPhones and related accessories. And we Drive to the Close with Christopher Zook, CIO of CAZ Investments.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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