The David Lin Report · Thursday, July 2, 2026
Chris Galipeau believes that significant tech capital expenditures, largely driven by AI, will continue to fuel the economy and stock market for at least a couple more years. He points to companies like Amazon and Google demonstrating the positive impact of CapEx on revenue acceleration.
“I think it's probably got a couple more years to go”
“You're right that big tech CapEx spend has driven a lot of of GDP right and but it's been real”
“And at the same time in Q1 when you go back and listen to Amazon's management team or Google's management team they showed us the proof that CapEx is beginning to have an impact on revenue acceleration”