Alex Coffey ends the trading week with insight on the Fed's lasting impacts in corners of Wall Street beyond treasuries. A hawkish tilt from Fed Chair Kevin Warsh hit gold and Bitcoin in ways that Alex says hit traders in those markets harder than expected. It all comes as the AI memory trade gains speed following Micron's (MU) earnings as supply sees a long-term crunch. Alex attributes memory as a new commodity. Elsewhere in tech, he explains why ON Semiconductor (ON) is acquiring Synaptics (SYNA), and reports of OpenAI pushing back its IPO timeline.