Chips Just Repriced for a $1.2 Trillion AI Buildout — And Wall Street Still Isn't Sure It's Enough
Chip stocks just ripped 6%+ in two sessions on the back of a hyperscaler AI capex forecast that's climbed to $1.2 trillion. The real story isn't any single AI stock — it's a capital-goods supercycle in memory, networking and power infrastructure, increasingly financed with debt.