00:00 Speaker AWe think that it's likely that the semis and, you know, the Nvidia story is probably coming close to an end. The amount of investment in capital equipment, we're seeing it right around the peaks that we saw back in the uh late 90s, early 2000s bubble. So we think the people who've enabled AI thus far have received the bulk of the rewards. And00:54 Speaker AI think there our other big concern around the space is the amount of cross-investment we're seeing. So, again, it, you know, and we see it with Nvidia and Microsoft and but also and Open AI in particular.