HiCagr Rejects 'AI Trade is Dead' Narrative, Citing $2.6T Global Spending
The analyst argues that global AI spending is projected to reach $2.6 trillion this year, with over $1.16 trillion allocated to infrastructure alone. AI has absorbed 70% of global startup capital in H1, and hyperscalers continue to invest hundreds of billions in capital expenditures.
So What
Massive capital inflows into AI infrastructure and startups continue, indicating sustained demand for underlying compute and memory resources.