Tencent is planning to issue around $5 billion in debt to fund its AI push—that’s a serious amount of money being poured in.
When capex comes in at this scale, my first thought is that chip demand is bound to get another boost—but who benefits more: $TSM or $NVDA ?
I’m leaning toward $NVDA getting the lion’s share, with $TSM just getting a smaller piece of the pie.
When capex comes in at this scale, my first thought is that chip demand is bound to get another boost—but who benefits more: $TSM or $NVDA ?
I’m leaning toward $NVDA getting the lion’s share, with $TSM just getting a smaller piece of the pie.