Ted Mortensen believes the current market is driven by "animal spirits" where traditional valuation metrics are not a primary concern for investors, similar to the dot-com bubble.

The price of memory chips has increased 68% sequentially.

Ted Mortensen predicts that inflation from the tech sector will push the general U.S. inflation run rate above 4%.

Ted Mortensen predicts that the current AI capital expenditure cycle, driven by companies like Google, will extend into 2027.

Ted Mortensen predicts that due to tech-driven inflation, the 10-year Treasury yield will surpass 5%.

The Philadelphia Stock Exchange Semiconductor Index has risen 60% in the last two months.

The valuation methodology for memory chip companies like Micron is shifting from a multiple of book value to a P/E ratio, indicating a fundamental re-rating of the sector.

Ted Mortensen believes the European Union's bureaucratic focus on fining U.S. tech companies rather than fostering innovation risks causing Europe to miss out on the economic and defense benefits of t...

Micron has guided to 81% gross margins, an unprecedented level for the memory sector, driven by demand from AI inference workloads.

Ted Mortensen of Baird observes that generative AI software is moving from the testing phase to active deployment within enterprises.