CapEx Challenges in the Semiconductor Industry

Summary

In this episode, Ben Bajarin and Jay Goldberg discuss the skyrocketing capex by cloud hyper scalers and its implications. They explore the significant growth in capex spending by companies like Google, Microsoft, and Amazon, and the connection between capex and revenue growth. They also discuss the challenges of monetizing AI investments and the need for clear consumer use cases. The conversation touches on the potential for new innovations in AI wearables, AR glasses, autonomous cars, and robotics. They also consider the deflationary effects on costs and the timeline for the development of AI applications.