Bloomberg Surveillance · Monday, August 31, 2026
CJ Moose of Cannabis Gerald predicts that AI infrastructure spending will continue at least until 2030, citing TSMC's sell-out status until 2029 and NVIDIA's inability to meet demand. Despite fears about open-source models, demand for compute power from leading AI companies remains robust.
“I think you're hitting on the key debate for all of semiconductors, the durability of AI infrastructure spending. If you look at the supply side, TSMC is effectively sold out until 2029.”
“We heard from NVIDIA last week that they can only meet 70% of the demand that they have for calendar 27. They obviously have visibility into 28 and 29.”
“Is that where they get such great scale benefit that they will, you know, look to produce their own silicon and try to use less and less of NVIDIA.”