Daniel Pilling, a portfolio manager at Sands Capital Management LLC, says the rally for Micron Technology Inc. shares is a reflection of how demand for artificial intelligence chips is outstripping supply. He speaks with Ed Ludlow and Caroline Hyde on “Bloomberg Tech.”
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Bloomberg’s Caroline Hyde and Ed Ludlow discuss how China is tightening its grip on AI by targeting top AI professionals’ overseas travel. Plus, big banks are looking to hire more AI specialists and shrink traditional banking roles, and SpaceX kicks off a tech IPO bonanza.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:51 – Mike Shepard, Bloomberg News
00:04:47 – Ian King, Bloomberg News
00:11:26 – Sanjay Mehrotra, Micron
00:16:37 – Sally Bakewell, Bloomberg News
00:19:58 – Flavia Rotondi, Bloomberg News
00:23:13 – Jordan Fitzgerald, Bloomberg News
00:25:25 – Daniel Pilling, Sands Capital
00:33:15 – Loren Grush, Bloomberg News
00:35:41 – Jay Ritter, University of Florida
00:41:03 – Dana Wollman, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Jay Ritter, University of Florida emeritus professor and director of the IPO Initiative, known as “Mr. IPO” for his work on initial public offerings, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” to discuss SpaceX’s IPO. It is set to be “the largest private-sector company ever to go public,” for the broader tech IPO landscape, he says.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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