Unpacking Marvell's Analyst Day, OpenAI Revenue Rumors, and the Heterogeneous Rack with @benbajarin and @jaygoldberg (00:00) Intro: Semicon West, Applied Materials EPIC Center & OCP Summit (02:51) Marvell Analyst Day: Shifting the Narrative Beyond Amazon (05:23) Has Marvell Found Its Lane in Data Center Infrastructure? (13:39) Fungible Workloads & Heterogeneous Scale-Up Compute Domains (16:33) Specialized Inference Silicon: Prefill vs. Decode Chips (24:03) Marvell's New AI Infrastructure Management Silicon vs. BMCs & FPGAs (35:27) OpenAI ARR Rumors & The Fragility of the Semiconductor Trade (40:09) The 20-30 GW Grid Bottleneck & Data Center Delays (44:56) Why the AI Cycle Differs From Previous Tech Mega-Cycles (53:58) TSMC's Wafer Allocation, AMD's Upside & The Intel Foundry Threat (57:20) How a Terrible PC Market Frees Up Server & AI Wafers