Miner Company
The ('AI') Capital Cycle
AI investment has contributed roughly $250 billion to US GDP, as capital expenditures by hyperscalers increased from $160 billion to an estimated $415 billion last year. Previous investment cycles have seen stocks peak 1-2 years before capital expenditures, and often while investments are still accelerating.
AI investment has contributed roughly $250 billion to US GDP, as capital expenditures by hyperscalers increased from $160 billion to an estimated $415 billion last year. Previous investment cycles have seen stocks peak 1-2 years before capital expenditures, and often while investments are still accelerating.