Uh Korea is going to be um uh growing tremendously in semiconductors in the coming years and the reason for that as you know uh Samsung and SK helped me invent the AI supercomputer. Without the HBM memory there is no AI supercomputer and over the next decade uh memory technology and semiconductor growth here in Korea will be very significant with with with respect to China. Uh, China is now 0% of our business.We used to have 95% share of the AI business in China. Now we're at 0% share. And I'm disappointed ...

Welcome to Meet the Press Now. I'm Kristen Welker in Washington where President Trump's economy is once again being put to the test with the Federal Reserve again slashing interest rates in response to sluggish job growth and an uncertain economic outlook as the president prepares for a highstakes face-to-face meeting with Chinese President Xiinping on the critical issue of trade. Wall Street reacting to the news from the Fed with markets closing just moments ago. The Dow a bit lower after Federal Reserve C ...

Honda is cutting or suspending production at some of its North American plants due to a shortage of critical semiconductors that threatens to spread throughout the industry’s automotive supply chain. https://t.co/fZyiTju6C8 ...

Market Outlook - The market is overbought but has been since September, a decent pullback would extend market health [1][2] - S&P is expected to reach 7,000 by year-end and 7,200 in early 2026 [2] - Long-term secular trends suggest the S&P could reach 10,000 to 13,000, a double from current levels [4] - Interest rates are expected to decline into 2026, potentially with the 10-year close to 2% [9] Key Drivers and Sectors - AI and tech-related sectors, including infrastructure and utilities, are key drivers expected to lead through the end of the decade [3] - Semiconductor is the true leadership in this market, followed by tech and tech-related AI [12] Economic Factors - Current nominal growth is tracking at 250% for the quarter, with inflation at 250%, an unusual environment for multiple Fed rate cuts [5] - There is concern that inflation may not return to the 2% level, posing a risk [6][7] Investment Strategy - Great buying opportunities exist in the market [3] - Some subsectors like drone technology and quantum computing are running hot, making it hard to chase them [10][11] - The VIX does not currently indicate a sell signal [13]

Interest Rate Cut Expectations - Partners Group believes a rate cut in September is highly likely, potentially exceeding market expectations of 85-87% due to labor market weakness [3][4] - Encouraging PCE data, particularly stable services inflation around 25% year-over-year, supports the likelihood of a September rate cut [6] - A rate cut could cushion the labor market and support consumer spending [14] AI Investment and Growth - While growth rates of AI beneficiaries like Nvidia may be slowing from over 200% year-over-year, hyperscaler capex is projected to be $400 billion next year, driving stock performance [8][9] - The total addressable market growth in AI will materialize through investments in data centers, connectivity, cooling, and related services [10] - Business application software is expected to outpace semiconductor growth within the AI sector, indicating a broadening of the AI trade [12] Broadening Market Opportunities - The broadening of the AI trade extends beyond semiconductors, with opportunities in business application software, including those in private markets [12][13] - Private equity middle market growth companies are seen as having significant potential, with earnings growth and margins exceeding those in public markets [15]

Core Insights - Oliver Rodzianko is an investment analyst with a focus on the technology sector, particularly in AI, semiconductors, software, and renewable energy, emphasizing companies with resilient management and competitive advantages [1] - The investment strategy involves value trading at inflection points without leverage, typically holding investments for one to two years [1] - Rodzianko anticipates significant annual returns based on his rating system, with expectations of 30% or above for strong buy, 22.5% or above for buy, 15% or above for hold, and 0% or negative for sell and strong sell ratings [1] Investment Strategy - The analyst employs advanced risk-mitigation strategies to protect against market downturns and capitalize on recessions [1] - A medium-term goal includes establishing a family office based on wealth-preservation portfolio models [1] Rating System - Strong Buy: Expected annual return of 30% or above for value trading and 20% or above for long-term investments [1] - Buy: Expected annual return of 22.5% or above for value trading and 15% or above for long-term investments [1] - Hold: Expected annual return of 15% or above for value trading and 10% or above for long-term investments [1] - Sell: Expected annual return of at least 0%, typically below 10% for value trading and similarly for long-term investments [1] - Strong Sell: Anticipates zero or negative annual returns for both value trading and long-term investments [1]