Semitools for e-test are on fire rn. I think it may have been Claus that pointed out recently they were outperforming the rest of semitool. What's fundamentally driving this? 🤔

SemiAnalysis President @fabknowledge compares the economics of AI-powered cyberattacks to drone warfare, where launching an attack can cost a fraction of what it takes to defend against it. "A bozo model can probably hack your infrastructure. It doesn't really take much. The bar is surprisingly low." "It's kind of like a drone. It costs $100 to fly the drone into the tanker and it costs like $2M to shoot the drone out of the sky." "That dynamic is replicated in AI as well. Meaning, defense costs an order of magnitude more than an attack."

Semiconductor prices are skyrocketing in the US: Producer prices for semiconductor and other electronic component manufacturing surged +26% YoY in September, their 4th-largest increase on record. This also marks their 6th consecutive YoY increase of at least +25%. Since July 2025, the Producer Price Index for semiconductor and other electronic component manufacturing has risen +31%, to its 2nd-highest level since January 2007. To put this into perspective, the index declined every year from 1994 to 2021. Meanwhile, producer prices for electronic components and accessories soared +27% YoY last month, also marking their 6th consecutive YoY increase of at least +25%. The AI Revolution is driving historic technology inflation.

Semgrep is a launch partner in the @SpaceXSI Partner Network. In Grok Build, a Hook runs Semgrep every time the agent changes code. Not when the agent remembers to, every time. @spacerog on why that matters:

Semis and the Nasdaq had a rough week, bonds fell, oil's above $100 and the KOSPI had its worst week since Lehman. How has crypto held up? Today at 4:30pm ET, @austincampbell , @ramahluwalia and @perkinscr97 ask John D'Agostino and @Nick_van_Eck. Live here on X