"When I started 42 years ago and I wanted to look at five different companies and think about how to compare the trading in five different companies, I had to go to the library, I had to go to the microfiche, I had to spend hours really thinking about how to put that comparison together," Solomon said. Now, you can do that "just speaking into your phone," he said.
Melamud stated, "In my 16 years of investing, I had never come across such an enormous TAM (total addressable market) of greenfield opportunity," highlighting the potential for growth in unmanaged travel bookings.
"AI is transforming the way we live and work, and Oregon should not be left behind," Kotek said in a press release announcing the investment. "This collaboration with Nvidia helps us meet the moment."
Applied Materials has invested over $421 million in Sunnyvale properties, supporting plans for a new tech complex expected to bring 2,000 engineering jobs to Silicon Valley.
On our semiconductor fab investment plan, since this business is so capital intensive it requires government backing, we wanted to be absolutely sure of the technology path before we take taxpayer money.
