The bottleneck on AI data centers isn't semiconductors. It's a machine with a three-year lead time
In June I wrote a piece called "Investment outlook for the second half of 2026." Middle East risk versus the AI trade. Three scenarios. Seven things to watch. It got zero likes. I understand why now. There wasn't a single line in it that only I could have written. The oil price outlook, the Fed's stance, the P/E on the Nikkei — I had carefully rearranged that day's news. The numbers were borrowed…
We haven't written up this one. Dev.to has the full story — the link below goes straight to it.
