Socialists Sweep NYC, China Catches Up in Coding, AI Memory Crunch, Micron's Blowout Quarter

With Chamath Palihapitiya, Jason Calacanis, David Sacks, Travis Kalanick, Gavin Baker · Sunday, June 28, 2026

This episode delves into the recent socialist victories in New York City primaries, examining the radical platforms of DSA candidates and their growing influence on the Democratic Party. It also explores China's rapid progress in open-source AI models, highlighting the critical high-bandwidth memory (HBM) bottleneck in AI infrastructure, and discusses the implications for data center costs and forthcoming AI IPOs.

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Key takeaways

Micron’s revenue exploded by 4x year-over-year, jumping from $9 billion to $42 billion, signaling High Bandwidth Memory (HBM) as the new gold standard for AI infrastructure. Read more →
New York City saw a "socialist sweep" in recent Democratic primaries, with Mayor Mandami-backed candidates winning key races. Read more →

2 articles from this episode

Micron's HBM Demand Predicts Rising AI Hardware Costs

Micron's record earnings highlight High Bandwidth Memory (HBM) as AI's biggest bottleneck. Expect rising data center costs and higher consumer tech prices for years.

Read article →

NYC's 'Socialist Sweep' is Not What You Think

NYC primary results show a radical DSA agenda, but All-In hosts say the base isn't working-class. What this means for founders.