James L. Perry: AI Boom Is Real With Earnings Growing at 27 Percent, But Strait Closure Could Trigger Global Recession Within a Month

James L. Perry: AI Boom Is Real With Earnings Growing at 27 Percent, But Strait Closure Could Trigger Global Recession Within a Month

A back-of-the-envelope analysis posted on X by billionaire tech investor David Sacks, suggesting that a one-gigawatt data center requires approximately fifty billion dollars in capital expenditure but generates twenty-five to thirty billion dollars in annual revenue for a two-year payback, drew both enthusiastic agreement and sharp methodological criticism from people who know the space. James Perry, founder and chief investment officer of Perry…