WS #16321
Despite US restrictions, DeepSeek has raised $15 billion, underscoring the relentless capital intensity of the global AI race. Concurrently, Nvidia's CEO has publicly dismissed fears of a 2029 memory glut, reinforcing the bull case for semiconductor demand. Meta's massive $135-145B AI investment plan further validates this infrastructure build-out, even as it absorbs a $25B regulatory fine.
AI Capital Intensity and Chip Demand
Despite US restrictions, DeepSeek has raised $15 billion, underscoring the relentless capital intensity of the global AI race. Concurrently, Nvidia's CEO has publicly dismissed fears of a 2029 memory glut, reinforcing the bull case for semiconductor demand. Meta's massive $135-145B AI investment plan further validates this infrastructure build-out, even as it absorbs a $25B regulatory fine.