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Watch: AI Adoption, Semiconductor Volatility, and a Weakening Dollar

Written by Sollinda | 2026 Aug 6

Ryan Mumy and Justin Greenhill open August with a look at how far AI adoption has come, why semiconductor volatility keeps setting records, and what a weakening US dollar means for global positioning. This episode also covers mega cap capital spending, credit markets, and commodities.

In this episode:

  • ChatGPT usage grew from near zero to roughly a billion weekly users in a few years
  • AI models now complete in a few hours tasks that used to take humans far longer
  • Mega cap tech companies are spending huge shares of revenue on AI infrastructure
  • A triple leveraged semiconductor ETF swung from $30 billion to $60 billion in weeks
  • Samsung and SK Hynix earnings reopen the debate over cyclical versus secular chip demand
  • The US Treasury and Japan intervened to strengthen the yen against the dollar
  • Emerging markets remain up double digits this year despite a volatile summer stretch

 


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