2026.09.14
The Glass Ceiling Of AI Development - Security, Social and Political Acceptance Matter More Than AI Technology and Hardware
► The market has rarely factored security, social and political-regulatory constraints into forecasts for hardware-demand growth
► This challenges the assumption that demand for AI semiconductors will rise indefinitely.A sharp reset in market expectations could trigger a de-rating of semiconductor companies
► A slowdown in semiconductor suppliers’ cash inflows would translate into stronger free cash flow for hyperscalers
2026.09.07
From AI to AI Beneficiaries
The U.S. dollar weakened modestly after Bessent, speaking at the G20 meeting, urged Japan to communicate more clearly its fiscal sustainability and rate-hike path to markets. The remarks supported...