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Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China's chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk's company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation. Chapters: 00:00:00 - Bloomberg Tech Begins 00:01:45 - Bloomberg's Peter Elstrom on China's Chip Advances 00:03:56 - Bloomberg's Bailey Lipschultz on SpaceX's Post-IPO Slide 00:07:21 - Shanti Kelemen, 7IM Co-Chief Investment Officer 00:12:57 - Bloomberg's Michael Shepard on Tech Leaders Warning Against US Ban on Open-Weight AI 00:16:28 - Hayete Gallot, Microsoft Security Executive Vice President 00:19:41 - Talking Tech 00:20:36 - Bloomberg's Kurt Wagner on Meta and BlackRock's Plan to Build $14B Data Center 00:23:51 - Bloomberg's Ryan Vlastelica on Chip Selloff, AI Spending Concerns 00:26:55 - Bloomberg Intelligence's George Ferguson Discusses SpaceX's Post-IPO Slide 00:29:41 - Bloomberg's Dana Wollman on Apple's Newest Smart Home Products 00:31:42 - Cathy Gao, Sapphire Ventures Partner 00:41:47 - Bloomberg's Brody Ford on AI's Decimation of Call Center Jobs -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg  Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGTygCwn55voYZ_LYyKjxokJ  Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.com/technology Connect with us on... X: https://twitter.com/technology Facebook: https://www.facebook.com/BloombergTechnology Instagram: https://www.instagram.com/bloombergbusiness/  Follow Ed Ludlow on X here: https://twitter.com/EdLudlow Follow Caroline Hyde on X here: https://twitter.com/CarolineHydeTV  Listen to the daily Bloomberg Technology podcast here: https://www.bloomberg.com/podcasts/series/bloomberg-technology  More from Bloomberg Business Connect with us on... X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ TikTok: https://www.tiktok.com/@bloombergbusiness
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