Tech start-ups transitioning toward profitability are increasing positive cash from investing via IP sales. This liquidity injection can fund AI algorithm development, which may drive step-change growth and attract venture and public market capital. I attended a day trading class in NYC, a burgeoning trend as more people seek to make a living in stocks. The sheer size of Buffett’s cash pile has raised eyebrows and fueled speculation about his strategy. The semiconductor industry’s latest filings suggest cash from investing turning positive due to scaling back on obsolete facility expansions. This could increase ROIC and contribute to multiple expansion if demand forecasts remain steady for cutting-edge chips.
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