Macro Insights: Navigating AI Capex Boom, Growing Bubble Risks, And Rising Yield Pressures

Macro Insights: Navigating AI Capex Boom, Growing Bubble Risks, And Rising Yield Pressures

Welcome to the SA’s The Macro Brief! This official SA Profile will highlight our analysts' latest economic and market analysis to help investors gauge the...

Is the AI Capex Boom Finally Reaching a Limit?

The hyperscalers have now reported after the SOX index suffered a 21% decline in July, with Micron down 41% from peak to trough. But the AI capex remains ongoing with the market now expecting capex of about US$860bn this year by the major AI-related US tech players and another US$1.15tn…