00:00Two essential AI chip firms pulling in very different directions.
00:05So, what's going on?
00:07TSMC reporting sales in the most recent quarter that increased 36%.
00:12This is the company that actually manufactures the chips for the likes of NVIDIA, Apple, and others.
00:18It is then a bellwether of the demand for chips that go into, yes, data centers, but also smartphones.
00:24And at least on these numbers, it suggests that that AI demand is holding up.
00:28But that growth is still there.
00:30On the flip side, South Korea's SK Hynix, up until recently the poster child of the AI memory trade,
00:37actually saw its shares tumble by a record 15% on Monday.
00:42That's after the company actually successfully raised $26.5 billion in the U.S. with an IPO there on Friday.
00:50And stateside, the stock actually closed up double digits.
00:53Monday, though, U.S. futures pointing to losses.
00:56Traders tell us partly it could be down to profit-taking, but also fears about lower-than-expected earnings.
01:03Either way, it is a reminder that investors remain jittery, anxious about the massive run-up in these AI stocks.
01:09And ultimately, whether the record investments in AI will pay off.
01:13I'm not going to judge you since the final indictment.
01:14I'm going to leave the声.
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