# Making Sense of the AI Cycle: Where are We Now?

Page: https://stenobird.com/podcast/limitless-an-ai-podcast-7326914/making-sense-of-the-ai-cycle-where-are-we-now
Text version: https://stenobird.com/podcast/limitless-an-ai-podcast-7326914/making-sense-of-the-ai-cycle-where-are-we-now.md
Podcast: [Limitless: An AI Podcast](https://stenobird.com/podcast/limitless-an-ai-podcast-7326914)
Published: 2026-05-07T09:36:00+00:00
Episode link: https://share.transistor.fm/s/a6a01d86
Audio file: https://media.transistor.fm/a6a01d86/058a3d76.mp3
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JSON: https://stenobird.com/v1/public/podcasts/limitless-an-ai-podcast-7326914/episodes/making-sense-of-the-ai-cycle-where-are-we-now
Duration seconds: 1747

## Resource

Today, we're analyzing the soaring performance of semiconductor stocks fueled by the AI boom, spotlighting gains from SanDisk and Micron. With the substantial increase in tech giants' capital expenditure projections, now exceeding $800 billion, we can project out the trickle-down effects across the layers of the AI ecosystem. From potential bubble concerns, insights from thought leaders, and the future of memory supply in powering AI applications, we're going to get to the bottom of this AI cycle. ------ 🌌 LIMITLESS HQ ⬇️ NEWSLETTER: https://limitlessft.substack.com/ FOLLOW ON X: https://x.com/LimitlessFT SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890 RSS FEED: https://limitlessft.substack.com/ ------ TIMESTAMPS 0:00 AI Investment Insights 3:40 Flow of AI Capital 5:46 The AI Layer Stack 9:47 Rise of Agentic AI 12:29 Demand for CPUs 14:33 Memory 20:54 AI Infrastructure 24:19 Navigating the AI Market ------ RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

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## Transcript

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