Lagging Demand for Nvidia and Apple's M&A Slowdown (Podcast)
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 8 August 2022
⏱️ 40 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang breaks down why fewer people are buying PCs and gaming consoles and whether the government's CHIPS Act can revive the industry slump. Plus, a look at Apple's two-year purchasing slowdown despite its $179 billion war chest.
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Transcript
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| 0:00.0 | Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st. |
| 0:09.0 | Take part in solutions driven discussions on how to drive business value and unlock opportunity |
| 0:14.8 | while remaining nimble in times of change and greater ESG accountability. |
| 0:19.5 | Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore. |
| 0:24.0 | That's Bloomberg Live.com slash sustainable Biz Singapore. |
| 0:28.0 | From the heart of where innovation, money and power collide, |
| 0:35.0 | in Silicon Valley and beyond, |
| 0:38.0 | this is Bloomberg Technology with Emily Chang. I'm Emily Jeg in San Francisco and this is Bloomberg Technology |
| 0:58.2 | coming up in the next hour. |
| 0:59.2 | NVIDIA misses on revenue by more than a billion dollars to Assigned demand for PCs, gaming consoles, |
| 1:04.8 | and other electronics might be drying up |
| 1:07.2 | after a two-year pandemic boom. |
| 1:09.6 | We'll talk about just how long the slump could last. |
| 1:13.0 | Plus Apple is being picky when it comes to M&A, why the iPhone maker has slowed down its buying spree |
| 1:19.7 | despite a $199 billion war chest. |
| 1:24.7 | And is Facebook really the underdog now? |
| 1:27.2 | Or are we underestimating it? |
| 1:29.0 | We'll count the ways in which Tik-Toc still doesn't even come close to Meta. |
| 1:33.7 | All of that in a moment before sticking with Invidia, |
| 1:36.3 | the graphics Chip Giant missing its own quarterly revenue projections |
| 1:39.4 | by more than a billion dollars. |
| 1:41.4 | Evidence that demand for electronics components is drying up after a two-year |
... |
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