Memory Tech Overheated, Crypto Slows Down, U. S. Debt Rising

The CEO of a big asset‑management firm said that some computer parts are too expensive right now. He thinks the price jump for chips used in artificial intelligence is not sustainable. He pointed to two companies that have more than tripled in value this year. Their market worth just hit $1 trillion for the first time. The CEO says that these chips do not have a strong advantage over competitors in the long run, unlike a bigger company that makes graphics chips. He says his managers are cutting back on buying these memory parts.Another topic he talked about is the cold period for digital money. Bitcoin, the most well‑known token, fell from a record high of $125, 000 to about $75, 000. He believes that only the most basic digital currencies will survive this slump. Other pieces of the system are disappearing. He also warned about the U. S. government’s debt, which has nearly doubled since 2010. He says that if people stop trusting America to pay its bills, the world’s markets could collapse. Even gold might lose value in a panic. He thinks there is no safe place to hide when everyone runs for exits.