Hardware Podcasts

EP 140: NVIDIA's $300B chart, CAPEX to the MOON FOREVER!

The Circuit · 3 Nov 2025 · 53m · Episode 142

What this episode covers

Ben Bajarin and Jay Goldberg discuss the semiconductor industry's massive capital expenditure surge, focusing on NVIDIA's projected $300B revenue and the strategic shift of hyperscalers like Amazon and Google toward custom silicon (Tranium, TPUs) to reduce reliance on NVIDIA. They analyze the emergence of Substrate, a startup challenging ASML with new lithography tools, and the consolidation in the RF component market with Skyworks acquiring Qorvo. The hosts also touch on the fragmentation of the cloud market into hundreds of 'neo-clouds' and the uncertain future of AI infrastructure demand.

Most relevant to

large enterprises

Topics

Mentioned

Companies
NVIDIA, ASML, Substrate, TSMC, Intel, Samsung, IBM, Microsoft, Google, Amazon, Anthropic, OpenAI, Nokia, Skyworks, Qorvo, Qualcomm, Apple, Cloudflare, Rambus

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