The David Lin Report · Wednesday, July 1, 2026
EJ Antoni dismissed calls to break up big tech companies, arguing that rising prices for technology products are driven by surges in demand for components like memory and computer chips due to AI advancements. He contended that breaking up companies with economies of scale would be counterproductive and that increasing chip supply is the solution.
“Well, like many of the sound bites that come out of people like AOC, they're just not very sound. I mean, look, those they are lovely talking points. Don't get me wrong. They're they're very attractive. It sounds nice. We want to do things like protect consumers. Okay, that that sounds great. Why would how would anyone object to protecting consumers, you know, but when we when we talk about things like we need to break up the big tech companies, why you they will these people will identify what they perceive to be problems such as rising prices for certain technology products and then immediately jump to the conclusion that that is coming about simply because certain companies are large and that would not happen but for the fact that those companies are large.”
“In other words, breaking up these companies will somehow result in lower prices even even though that would obviously destroy economies of scale. Look, the fact of the matter is these new technologies that we are seeing coming online with things like AI have surged the demand for for things like memory and that is driving up costs.”
“So the answer then is not break up the companies who have economies of scale and can actually get these chips at lower prices and pass those savings on to consumers because they're placing such massive orders. They get the best pricing from the chip factories. The answer instead is to simply produce more chips, right? Increase supply. When you increase supply, this is econ 101. You drive down prices.”