Wall Street’s Chip Selloff Goes Global
Summary
Global chip stocks tumble as investors worry about AI spending sustainability and rising Chinese competition, with NVIDIA down 5%. Meanwhile, President Trump hosts Ukrainian President Zelensky amid shifting U.S. policy views, while pressuring the Supreme Court on voting restrictions. The episode also covers J&J’s $5.5 billion talc settlement and struggles for foreign automakers in China.
Topics discussed
Intro: AWS reInvent and top headlines preview
Global chip sell-off and AI investment concerns
Zelensky meets Trump; Iran Strait of Hormuz talks
Upcoming stories: J&J talc settlement and autos in China
Trump pushes voting restrictions; McConnell health update
J&J talc settlement and foreign automakers in China
Earnings outlook and show sign-off
Listen ad-free on Castria