On Semiconductors, Neoclouds & Threats To Undersea Cables

Investors rewarded semiconductor maker AMD’s impressive Q3 earnings report, which reflected robust compute demand and expanding market share. Yet the S&P 500 Semiconductor industry at large has been out of investor favor for a number of possible reasons. … Also: Neoclouds may have a tougher time pursuing their data center aspirations, Jackie reports, given tighter credit conditions and now the midterm elections’ Blue Wave. Democratic leaders are much more likely to impose hurdles to slow the data center buildout. … And: Geopolitical strife has three nations threatening or preparing to cut the undersea Internet cables on which modern life as we know it depends.