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The Era of AI Semiconductor CapEx | Angus Shillington & Nick Frasse (Fireside Chat)
Manage episode 505021407 series 3627237
This episode of Monetary Matters is a Sponsored Fireside Chat brought to you by VanEck.
Learn more about the VanEck Semiconductor ETF (SMH): http://vaneck.com/SMHJack
Learn more about the VanEck Fabless Semiconductor ETF (SMHX): http://vaneck.com/SMHXJack
The AI revolution has spurred a growth in capital expenditure on semiconductors the scale of which the world has never seen before. Today Jack explores this phenomenon in a sponsored Fireside Chat with VanEck’s Angus Shillington and Nick Frasse. Shillington, lead semiconductor analyst and deputy portfolio manager, argues CapEx on semiconductors is increasing so much because cloud computing hyperscalers are unable to keep up with demand, and they feel pressure from their competitors. In addition, the expenditure is being spent by the most profitable companies on earth such as Microsoft and Alphabet (Google). Frasse, a product manager covering thematic suite of ETFs, including $SMH and $SMHX, makes the case that AI is more akin to the industrial revolution than it is to the internet.
The trio discuss why and how the VanEck Semiconductor ETF ($SMH) has outperformed a competitor (letting the winners win), and the newer VanEck Fabless Semiconductor ETF ($SMHX) which gives exposure to fabless semi companies that are powering the AI revolution.
Follow VanEck on X https://x.com/vaneck_us
Follow Angus Shillington on X https://x.com/angusshillingto
Follow Nick Frasse on X https://x.com/NickFrasse
Follow Jack Farley on X https://x.com/JackFarley96
Follow Monetary Matters on:
Apple Podcast https://rb.gy/s5qfyh
Spotify https://rb.gy/x56dx5
YouTube https://rb.gy/dpwxez
155 episodes
Manage episode 505021407 series 3627237
This episode of Monetary Matters is a Sponsored Fireside Chat brought to you by VanEck.
Learn more about the VanEck Semiconductor ETF (SMH): http://vaneck.com/SMHJack
Learn more about the VanEck Fabless Semiconductor ETF (SMHX): http://vaneck.com/SMHXJack
The AI revolution has spurred a growth in capital expenditure on semiconductors the scale of which the world has never seen before. Today Jack explores this phenomenon in a sponsored Fireside Chat with VanEck’s Angus Shillington and Nick Frasse. Shillington, lead semiconductor analyst and deputy portfolio manager, argues CapEx on semiconductors is increasing so much because cloud computing hyperscalers are unable to keep up with demand, and they feel pressure from their competitors. In addition, the expenditure is being spent by the most profitable companies on earth such as Microsoft and Alphabet (Google). Frasse, a product manager covering thematic suite of ETFs, including $SMH and $SMHX, makes the case that AI is more akin to the industrial revolution than it is to the internet.
The trio discuss why and how the VanEck Semiconductor ETF ($SMH) has outperformed a competitor (letting the winners win), and the newer VanEck Fabless Semiconductor ETF ($SMHX) which gives exposure to fabless semi companies that are powering the AI revolution.
Follow VanEck on X https://x.com/vaneck_us
Follow Angus Shillington on X https://x.com/angusshillingto
Follow Nick Frasse on X https://x.com/NickFrasse
Follow Jack Farley on X https://x.com/JackFarley96
Follow Monetary Matters on:
Apple Podcast https://rb.gy/s5qfyh
Spotify https://rb.gy/x56dx5
YouTube https://rb.gy/dpwxez
155 episodes
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