Abstract
We extend the theory of ambidexterity developed by M. J. Hopkins and J. Lurie and show that the -categories of -local spectra are -semiadditive for all , where is the telescope on a -self map of a type spectrum. This extends and provides a new proof for the analogous result of Hopkins-Lurie on -local spectra. Moreover, we show that -local and -local spectra are respectively, the minimal and maximal -semiadditive localizations of spectra with respect to a homotopy ring, and that all such localizations are in fact -semiadditive. As a consequence, we deduce that several different notions of "bounded chromatic height" for homotopy rings are equivalent, and in particular, that -homology of -finite spaces depends only on the -th Postnikov truncation. A key ingredient in the proof of the main result is a construction of a certain power operation for commutative ring objects in stable -semiadditive -categories. This is closely related to some known constructions for Morava -theory and is of independent interest. Using this power operation we also give a new proof, and a generalization, of a nilpotence conjecture of J.P. May, which was proved by A. Mathew, N. Naumann, and J. Noel.
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