The Quiet Squeeze in the Money Markets

California Steel Industries' Hot Strip Mill in Fontana stretches more than half a mile long... Inside, giant ovens heat steel slabs to about 2,300 degrees Fahrenheit. At that temperature, the steel gets soft enough to roll.

This Successful AI Technology Isn't a Chatbot By Joe Austin, senior analyst, Chaikin Analytics California Steel Industries' Hot Strip Mill in Fontana stretches more than half a mile long... Inside, giant ovens heat steel slabs to about 2,300 degrees Fahrenheit. At that temperature, the steel gets soft enough to roll. But first, the steel needs cleaning. The furnace leaves a thick crust of "scale" on the surface. If it isn't removed, it gets pressed into the steel and ruins the finish. A scalebreaker cracks the crust loose. Then high-pressure water jets blast the crust away. Next, the steel slab passes through five roughing stands that squeeze it down from between 7 and 9 inches thick to as much as 0.0538 inches thick. That's close to the thickness of a credit card. Each stand uses four stacked rolls. Two smaller work rolls grip the steel directly. And two larger backup rolls drive the force. After this part of the process, a crop shear trims the ragged ends of the steel before it moves to finishing. Even a slightly uneven edge can throw off the entire process. The steel then moves through six finishing stands. These roll the steel to its final thickness and set its surface quality. By now, the steel is moving at about 35 miles per hour. That's too fast to catch defects by eye. For automotive panels and appliances, the surface needs to be flawless. Defects show right through the paint. The finished strip winds into a coil. Some coils weigh up to 25 tons. The whole process can take about five hours. At full capacity, the mill runs 24 hours a day and produces 2 million tons of steel per year. But at least you can see steel... In today's most advanced semiconductor fabrication plants (or "fabs"), the defects that matter are invisible to the human eye. But the consequences of missing them are just as severe. And that means turning to machines to help with quality control... Recommended Links: 'A $10 Trillion Market Shock Is Coming' Tomorrow, futurist Eric Fry will reveal why the mounting chaos we're witnessing is the precursor leading up to a massive $10 trillion market shock. Eric says that while most people are sitting in stocks at risk of falling 50% or more, virtually no one is talking about a small group of stocks poised to emerge as the 10X winners of 2026. Eric, from our corporate affiliate InvestorPlace, will reveal exactly which stocks to dump and which ones are primed to soar at FutureProof 2026. Reserve your free spot now. March 18: Gold's Next Surge? Gold's recent run-up has already been nothing short of historic... But it's far from over. In fact, we expect that gold is headed to $10,000 an ounce – and even that might be too low an estimate. One expert has even issued a $20,000 price target. But however high gold ultimately goes... it's critical you know how to take advantage of its next big move... by checking out the BEST possible gold stock you should buy immediately. A Single Semiconductor Defect Can Cost $25,000 In semiconductor manufacturing, everything starts with a wafer. These thin, polished discs are sliced from pure silicon. And they range in thickness. Most of them are about 12 inches across. But many are smaller. These wafers must be flawless. Even a microscopic scratch or contaminant can create defects across hundreds of chips. The first step is circuit printing using extreme ultraviolet ("EUV") lithography. This process projects circuit patterns using light with a wavelength shorter than any visible color. A single finished chip can require 20 to 30 passes through this stage. EUV "masks" – a kind of specialized plate like a 3D stencil – have to be perfect, too. A single defect ruins every chip that the mask touches. After each EUV pass, the wafer goes through etching, deposition, and chemical treatment to build up transistor layers. Then the cycle repeats. Today's most complex chips go through a range of about 1,500 to 2,000 individual steps before they become functional. Each step is a potential failure point. One particle of dust can ruin an entire wafer. Once the wafer is complete, a diamond blade dices it into individual chips – or "dies." Each die gets tested electrically. The ones that pass move on to packaging. And the ones that fail get discarded. Increasingly, packaging means assembling multiple chips into single packages – called "chiplets." That adds another layer of complexity. And inspection expands beyond a single die. That means checking how multiple dies connect and communicate. But whether it's steel or semiconductors, human inspectors simply can't do the job... At around 35 miles per hour, the steel moves too fast to see. In a semiconductor fab, the defects are too small to see. And with today's most advanced chips, defect control isn't just a quality issue... It's a competitive one. A single wafer for some of the most advanced semiconductors can cost between $20,000 and $25,000. Each wafer holds hundreds of chips. So a defective one also wipes out hundreds of products. The EUV masks cost up to $1 million each. And the fabs where all this happens can cost between $15 billion and $20 billion to build. Of course, fabs are looking to reduce these costly losses wherever possible... AI Is Boosting Quality Control This is one example of where AI can shine. And even better, it's a job humans can't do well. Like I said earlier, the human eye can't detect every defect in steel moving at 35 miles per hour. And it can't catch microscopic issues in semiconductors. AI "deep learning" and "edge learning" take defect control to the next level... Deep learning is a process where the system looks at hundreds of example images until it learns to make decisions on its own – without a programmer needed. Edge learning takes it even further. These systems come pretrained. They might need just five to 10 images to get started. And they deploy in minutes. Quality control with AI is more than just hype... At carmaker BMW, AI-powered vision systems cut defect rates by 30% at one European plant within a year. Customer satisfaction jumped 15% after the rollout. At electronics contract-manufacturer Foxconn, AI-powered cameras can catch defects with 98% accuracy... flag 80% fewer false alarms... and inspect each unit 60% faster. Folks, we've heard plenty of debate over whether the massive investments in AI infrastructure will be profitable... At the same time, it seems like we hear about new business applications for AI almost every day. Just think of the recent chaos in the software industry. To find the real winners amid the AI megatrend, look for companies using AI to solve real problems and improve their competitive positions – like by taking quality control to the next level. Good investing, Joe Austin Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 +0.83% 5 19 6 S&P 500 +1.02% 84 283 132 Nasdaq +1.12% 19 52 29 Small Caps +0.94% 367 1089 425 Bonds +0.77% Information Technology +1.45% 17 40 13 — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bearish. Major indexes are all bearish. *  *  *  * Sector Tracker Sector movement over the last 5 days Energy +2.81% Utilities +0.88% Information Technology -0.7% Real Estate -0.93% Consumer Staples -1.15% Materials -1.18% Communication -1.9% Financial -2.05% Consumer Discretionary -2.09% Health Care -2.11% Industrials -2.85% *  *  *  * Industry Focus Insurance Services 5 39 10 Over the past 6 months, the Insurance subsector (KIE) has underperformed the S&P 500 by -4.87%. Its Power Bar ratio, which measures future potential, is Weak, with more Bearish than Bullish stocks. It is currently ranked #14 of 21 subsectors and has moved down 2 slots over the past week. Indicative Stocks AFL Aflac Incorporated AJG Arthur J. Gallagher BHF Brighthouse Financia *  *  *  * Top Movers Gainers CIEN +7.85% DLTR +6.42% SNDK +6.35% NCLH +5.14% WDC +5.11% Losers MOS -5.6% CF -5.59% CRWD -4.06% TECH -4.01% IT -3.89% *  *  *  * Earnings Report Earnings Surprises DLTR Dollar Tree, Inc. Q4 $2.56 Beat by $0.03 SAIC Science Applications International Corporation Q4 $2.62 Beat by $0.61 SMTC Semtech Corporation Q4 $0.44 Beat by $0.01 *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at diansastroxz.forex@blogger.com. For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice. © 2026 Chaikin Analytics, LLC. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Chaikin Analytics, LLC. 201 King Of Prussia Rd., Suite 650, Radnor, PA 19087. www.chaikinanalytics.com. Any brokers mentioned constitute a partial list of available brokers and is for your information only. 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