First time in 15 months. Is the latest bitcoin bump here to stay or just another bubble . The clock is ticking on President Trumps next round of china tariffs. A proposed new wave of tariffs set to go into effect as early as next month end half of those and half of the 300 billion of targeted goods are tech related. A new article details how chinas Tech Industry is mostly insulated but there is one area where it is still dependent, very dependent. The semiconductor chip. Over the last decadeplus, china has seen a surge of chip imports that surpasses 300 billion. To further breakdown the effects on tech in both countries, we have bloomberg techs ian king, who covers the chip industry and the coauthor of the aforementioned article. Also with us, global Senior Editor brad stone. Chinas greatest reliance is on semiconductors. How so . Ian esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. They have been trying f
We will take you inside the group that makes decisions. Is the latest bitcoin bump here to stay or just another bubble . The clock is ticking on President Trumps next round of china tariffs. A proposed new wave of tariffs set to go into effect as early as next month end half of those 300 million of targeted goods are tech related. A new article details how chinas Tech Industry is mostly insulated but there is one area where it is still dependent, very dependent. The semiconductor chip. Chinahe last decadeplus, has seen a surge of semiconductor import. We have bloomberg techs ian king, who covers the chip industry and the cooffer of the the coauthor of the fermented article. And we have brad stone. Ian a satiric parts like broadcoms switch chip, more common parts like an intel microprocessor, china really cant replicate those yet. Emily why not . Ian it is difficult. When you are arranging tens of billions of transistors on something the size of a postage stamp, you have to kind of know
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Engardio. And a Founding Member with me it is fitting we are closing it together as well. Well be joined by supervisor safai shortly. Here he is. Make his grand late entrance. Todays meeting is extremely special we are joind and i think it might be according to commissioner plumber the second time board of supervisors have official low joined in a joint meeting with Youth Commission. I feel very xoit exclude honored to be at the second historic garthing. And i want to welcome this joint session with the Youth Commissions Civic Engagement committee and would like to introduce the 5 members all of whom are present today. We have the committee cochairs. Marine loftus and steven hum. The cochair. Approximate we have members Vanessa Pimentel, utting and e wan plumber. I would like to welcome board of education president. Kevin bog us. We were going to seat you feel fro to stay there if you want to stay there. Okay. And bullly sit in the box so you have microphones and whenever you would lik
Caroline we break down results from alphabet and snap. Ed and we get a look at the quest three headset. Caroline and a conversation with the ceo of qualcomm as they unveil a new processor to take on the likes of apple and intel. But we start the show with the nasdaq on the downside to the moment, down 1. 8 . Google disappoints, but it sinks some of the buoyancy we have been seeing in the tech names of late. This is categorical their steepening going on at the moment, we see the yields at the long end of the curve, the tens and 30s selling off more yields, up eight, nine basis points. We are down at 4. 91 , so we are seeing some selloffs in the bond market. Bitcoin continuing to rally, up 3. 5 , but date down the individual micromoves, ed . Ed this is earnings again. If you get a good lens into the end markets, particularly in all kinds of Consumer Electronics and electronics broadly, Texas Instruments gave a revenue forecast that suggests the end markets are not recovering at the pace