A massive AI spending spree is underway, with one fund manager predicting a $1.6 trillion CapEx wave. But critics warn of a speculative bubble built on unproven tech and skyrocketing compute costs, as Nvidia unveils a half-trillion dollar financing plan to fuel the fire.
The tape Excess Returns · Aug 11
“I actually think we're going to see an acceleration in CapEx next year. Growing faster than the 75% growth we'll see in '26, which will put us at kind of $1.5, $1.6 trillion of CapEx for the hyperscalers.”
6:37 / --:--
The David Lin Report · 'The Supercycle Is Not Coming, It's Here'; Frank Giustra & Ian Harris On Ultimate 'Shortage' TradeAug 11
As the U.S. government stockpiles critical minerals with a new $12 billion initiative, a veteran financier is calling a copper 'supercycle,' telling investors to follow the government's lead amid a looming supply deficit.
The Indicator from Planet Money · Borrowing money to invest! What could go wrong?Aug 11
U.S. investors have borrowed a record $1.5 trillion against their portfolios, a 50% jump in one year. The debt pile now exceeds all American credit card balances, echoing the kind of leverage that recently tanked South Korea's market.