Bloomberg's Caroline Hyde breaks down Intel's $7.9B chips grant from the Biden Administration and how it will boost US chip production. Plus, California proposes state incentives for EV buyers which would exclude Tesla models, and social media companies push back against new legislation in Australia that could limit teen usage.

Bloomberg's Caroline Hyde breaks down Intel's $7.9B chips grant from the Biden Administration and how it will boost US chip production. Plus, California proposes state incentives for EV buyers which would exclude Tesla models, and social media companies push back against new legislation in Australia that could limit teen usage.

Listen for news and analysis on global technology companies and investors. 

Ed Ludlow brings you the only daily news program focused exclusively on technology, innovation and the future of business.

Listen for news and analysis on global technology companies and investors.&nbsp; Ed Ludlow brings you the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Tech

Intel's Chips Grant, California Vs. Tesla

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac316c7b-7c7e-4d0b-aedd-b234015ab9fb/transcript

Bloomberg’s Ed Ludlow breaks down why SK Hynix's Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company's earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.

Bloomberg&rsquo;s Ed Ludlow breaks down why SK Hynix's Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company's earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.

Markets Brace for Microsoft and Meta Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7682e12f-e859-4afb-82cd-b496011c96bf/transcript

Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk's company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation.

Bloomberg&rsquo;s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk's company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation.

AI Trade Stumbles as Chip Stocks Slide

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff63d6ea-0a39-4cb2-8478-b4950118eb16/transcript

Bloomberg’s Ed Ludlow speaks with Nvidia CEO Jensen Huang amid renewed concerns about the AI industry’s circular financing deals. Plus, Apple aims to take on Meta in the smart glasses department. And, markets prepare for the biggest week of big tech earnings so far this year, with Microsoft, Meta and Amazon among those set to report.

Bloomberg&rsquo;s Ed Ludlow speaks with Nvidia CEO Jensen Huang amid renewed concerns about the AI industry&rsquo;s circular financing deals. Plus, Apple aims to take on Meta in the smart glasses department. And, markets prepare for the biggest week of big tech earnings so far this year, with Microsoft, Meta and Amazon among those set to report.

AI Industry’s Circular Financing Deals, Apple Smart Glasses

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3cbef197-c29b-4ff2-b450-b49401467e1f/transcript

Intel's Chips Grant, California Vs. Tesla

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