SMH: The AI Capex Boom Is Far From Over, And Chips Are On Sale

Impact · against what's priced in

The article's bullish outlook on sustained AI capex is largely non-material for the listed semiconductors, as the current prices already assume robust AI-driven growth while explicitly discounting the more aggressive 'boom' scenarios the author advocates for.

AMD+0.00

Already priced in

The price assumes

The continuation of AMD's current overall revenue trajectory

The article supports robust AI-driven capex growth, which is already baked into the 30% revenue CAGR the price assumes.