EP 134: Apple iPhones and Tensor Cores, Synopsis Earnings, Hock's Comments at Goldman

In this episode of The Circuit, Ben and Jay analyze Apple's recent iPhone launch event, focusing on the new architectural changes like neural cores in the GPU and the durability of the iPhone Air. They discuss the implications of these changes for AI workloads and app development. The conversation shifts to Synopsys' disappointing earnings report, attributing it to geopolitics, a canceled foundry customer (Intel), and team restructuring, and the potential impact on Intel's foundry ambitions. They then discuss Broadcom's AI business and Hock Tan's comments on XPUs versus GPUs, and Nvidia's CPX system. Finally, they touch on Oracle's cloud strategy and the financial complexities of the neocloud market, questioning the sustainability of AI spending and the sources of funding for major deals.