“I think there is a world demand for about five computers” Yesterday IMB announced a new breakthrough in quantum computing. One day Qubits will make crypto obsolete. A new revolution in computing is coming, and it could well be IBM that leads it!
September's ARM IPO could be a “CFP” for markets if it breaks the current everything AI consensus (aka “bubble”). There are many reasons to think it could, because it’s basically Masayoshi Son rolling it with big aplomb in the Tech Casino.
Forget fears of rising interest rates - the big threat is how the global economy will cope with supply chain bottlenecks and the coming commodities supercycle. These will create all kinds of friction. The West is particularly vulnerable to microchip supply instability – which could take years to resolve.