The Circuit

Ben Bajarin and Jay Goldberg discuss Nvidia's recent earnings, and the growth prospects for the company going forward.  They discuss a number of key debates surrounding the company and if this is a bubble or a buildout technology cycle as it relates to AI and the demand on compute infrastructure. 

The lack of coverage surrounding the Arm F1 IPO and its relation to semiconductors is discussed. Concerns about revenue concentration in China are explored, along with the challenges of ranking customers. The ArmChina joint venture and potential risks are analyzed. The decline in revenue and the importance of financial diversity are highlighted. The growth prospects of ARM and their changing business model are discussed, including valuation, involvement in consumer electronics, and attracting new customers.

Ben Bajarin and Jay Goldberg discuss the Intel - Tower Semi deal falling through. They discuss the increasing challenge of global semiconductor M&A.  They also dig into foundry capacity challenges and the economic opportunity for TSMC competitors at the leading edge.  

Ben Bajarin and Jay Goldberg discuss some of the recent political narratives from different countries around their desire to lessen dependence on certain nations. They discuss how much of this narrative dismisses the deeply intertwined global supply chain that makes up the semiconductor industry. 

Ben Bajarin and Jay Goldberg discuss where and why more custom silicon is showing up in pockets of the industry.  They also dive into Amazon's overall strategy with custom silicon and sometimes this strategy gets talked about and other custom efforts get no airtime.

Ben Bajarin and Jay Goldberg explain some of the nuanced dynamics of the semiconductor industry cyclicality. They outline the challenges in areas like data center spending, PC market doldrums, and softness in smartphones and what that may mean for 2024 if AI is a true computing inflection point. 

Ben Bajarin and Jay Goldberg discuss Jay's recent article and flesh out a thesis related to AI's impact on different segments of the semiconductor industry. 

Ben Bajarin and Jay Goldberg discuss the opportunities and challenges facing the semiconductor industry growing to a trillion-dollar industry by 2030, as some predict.  They explore foundry opportunities and challenges, chiplets, and the role of scarce resources like material and energy.  

Ben Bajarin and Jay Goldberg explore the potential for Arm CPUs in the datacenter and whether they can truly challenge x86's dominance when it comes to datacenter CPU workloads.   

Jay Goldberg continues his series of Back to Basics with some history and anecdotes of wireless standards.