Bloomberg Tech Qualcomm Takes Aim at Nvidia with New Chips
11 snips
Oct 27, 2025 
In this discussion, Chase Lockmiller, CEO of Crusoe, highlights his company's impressive $1.37 billion fundraise and ambitious plans for AI data centers like Stargate. Denise Chisholm provides a deep dive into market strategies, questioning whether the AI rally is sustainable or a bubble. Meanwhile, Mark Gurman reveals Apple's innovative use of vapor chambers in future iPad Pros for enhanced thermal management. Together, they tackle the competitive landscape between Qualcomm and Nvidia, shaping the future of tech.
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High Valuations Can Predict Durable Growth
- Technology now ranks in the top quartile for earnings growth and valuations, creating a high-growth, high-valuation mix.
- Denise Chisholm notes historical data shows high valuations often predict durable future growth when earnings are strong.
Watch Earnings, Oil, And Fed For Tech Upside
- Watch median earnings recovery and sector rotation into economically sensitive names as leading signals for tech continuation.
- Monitor oil-driven margin tailwinds and potential Fed cuts to assess upside in tech multiples.
Crusoe's Energy-First AI Campuses
- Crusoe raised $1.37 billion and helped build the OpenAI-Oracle Stargate campus in Abilene using 1.2 GW of power to energize GPU clusters.
- CEO Chase Lockmiller describes vertically integrated, energy-first modular builds and managed services enabling rapid scale.