I've monitored the situation for you.
TLDR on hyperscaler capex spend (signal aside from $Taiwan Semiconductor(TSM.US)). From $Microsoft(MSFT.US), $Amazon(AMZN.US), $Meta Platforms(META.US) earnings: Upstream semi supply chains go brrr.$Meta Platforms(META.US): 2026 FY capex $115-$135BRevised Q1 ER: $125B-$145B capex raised. -> Higher component prices (price hikes)-> Aggressive AI infra spending-> Custom Model Training$Microsoft(MSFT.US): was actually $31.9B vs ($35.29B) but due to supply chain bottlenecks, rather than lack of resources. Still waiting for confirmation around $Amazon(AMZN.US) but their original capex projection was ~$200B from Jassy's note earlier this year.So you can sleep easy, all the semi supply chain names still likely to keep going brr next quarter, since there's so much capex funneled into them. Then you get the new fed chair who is gung-ho all in on AI + rate cuts, with Jerome keeping stuff chill in the back (which markets probably like)Source: Serenity
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