Seems like a Big Battle now Between Macro and the AI Narrative

MMMTWealth
09-02

Seems like a big battle now between macro (10Y, Oil, PCE etc) and the AI narrative which is only trending in one direction:

1. $NVIDIA(NVDA)$: Forecasted 2028 revenue growth at +70% vs Street estimates of 44%.

2. $NVIDIA(NVDA)$ forecasts $1.3T in hyperscaler CapEx spend for 2027.

3. $SHKY CEO: "We expect the shortage (on storage) to persist until the end of 2030."

4. $SanDisk Corp.(SNDK)$: "We see structurally massive demand for NAND until 2030."

5. $Marvell Technology(MRVL)$ giving $Alphabet(GOOGL)$ options to buy $12.2B of the company.

6. $SpaceX(SPCX)$ forecasts of $1T in revenue by 2030 (timeline more than likely off but directionally probably correct).

7. GS Humanoid Report increased their TAM forecast by 5x in 2035 ($140B).

Whether we stay flat here for a few weeks, or even pullback slightly... I think having a longer term bearish bias is not going to work out well.

The numbers and the projected length of this cycle continue to amaze me.

AI Companies and Industry DIG
AI is a marathon, not a sprint, it's a mega trend. Please share you Insights or comments on companies or technologies of AI industry.
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