Episode

EP 165: Cerebras IPO, Premium Tokens, Neo Clouds, and the Angstrom Era

Podcast
The Circuit
Published
May 18, 2026
Duration seconds
3372
Processing state
not_requested
Canonical source
https://share.transistor.fm/s/8357dfce
Audio
https://media.transistor.fm/8357dfce/f06cd59d.mp3
JSON
/v1/public/podcasts/the-circuit-5928182/episodes/ep-165-cerebras-ipo-premium-tokens-neo-clouds-and-the-angstrom-era
Markdown
/podcast/the-circuit-5928182/ep-165-cerebras-ipo-premium-tokens-neo-clouds-and-the-angstrom-era.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/the-circuit-5928182/episodes/ep-165-cerebras-ipo-premium-tokens-neo-clouds-and-the-angstrom-era/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/the-circuit-5928182/ep-165-cerebras-ipo-premium-tokens-neo-clouds-and-the-angstrom-era.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

In this episode of The Circuit , hosts Ben Bajarin and Jay Goldberg dive into the rapidly shifting economics and structural changes across the semiconductor and AI industries. From the recent Cerebras IPO to the massive long-term forecast visibility in wafer fabrication equipment, they analyze whether current capital cycles align with the reality of enterprise AI demand. Finally, they debate how the "Angstrom era" and the end of Moore’s law are forcing a complete reinvention of chip manufacturing from scratch.