Posteo

🚨 NVIDIA CEO Jensen Huang says: «"No chip bust for a while." "This time is different."» He believes the semiconductor industry still has room to grow 5–10x. But here's what stands out: - Meta: 21% of NVIDIA's revenue - OpenAI / Oracle: 17% - xAI: 16% Just three customers account for 54% of NVIDIA's total revenue. Meanwhile: - 2026 hyperscaler capex: $785B - 2027 forecast: Nearly $1T - TSMC capex: $60–64B - Intel capex: $20B - U.S. chip factory utilization: 72.2% The AI boom is being fueled by massive spending from a relatively small group of companies. If even one of those major buyers meaningfully slows its AI infrastructure investment, the industry's growth outlook could change much faster than many expect. The key risk isn't that spending stops—it's that capex growth slows. That's what the market will be watching. #EarningsRealityCheck #CLARITYActStalled