Bloomberg Television · Chip Stocks Down on Momentum and Not CPI, Bokeh's Forrest Says

1. 1. Today's chip stock sell-off is primarily due to a lack of buyers after significant gains, not the CPI print.
2. 2. Jamie Dimon asserts AI is real, drawing significant investment, but warns not all participating companies will succeed.
3. 3. AI development is currently in its 'bottom of the second inning,' suggesting vast future growth is ahead.
4. 4. US and China are in tense AI competition, especially regarding military applications and chip technology.
5. 5. Jensen Huang's exclusion from US-China talks highlights sensitivity regarding military AI and chips.