Quick Read – Taiwan Semiconductor’s monthly demand reports serve as the clearest signal for whether the AI buildout continues through 2027, as all major chipmakers route production through TSM’s foundry capacity regardless of end customer. – Taiwan Semiconductor (TSM) disclosed…
1.28B in capital appropriations for advanced technology capacity and up to $20B for Arizona fab expansion, with shares up 33.48% year-to-date and 108.67% over the past year. – On a recent episode of the Earn Your Leisure podcast titled “The AI Boom Isn’t Over! Micron Technology Just Proved It!”, co-hosts Rashad Bilal and Troy Millings laid out a two-part thesis that the AI buildout has real runway through 2027
They also shared that Taiwan Semiconductor’s monthly demand commentary may serve as the single clearest signal of whether that thesis stays intact. Everything else, they argued, is noise. Elite Companies Will Stay Elite Bilal’s framing on the podcast was direct: returns may moderate from here, but “the elite companies are going to remain elite.” He drew a historical parallel between the current OpenAI-Anthropic rivalry and the Apple-Microsoft battle of 30 years ago, describing the dynamic as “the capitalist versus the creative.” Both Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) not only survived that fight but went on to become two of the most valuable companies in the world.
The implication for today’s AI leaders is that the names with real staying power compound, while the companies that attached themselves to the narrative without much substance behind it face a rougher road. That view is backed up by what the hyperscalers are actually spending. Alphabet guided 2026 CapEx to a range that, alongside Meta Platforms (NASDAQ:META) raising its 2026 CapEx to $125 to $145 billion, will lead to years of committed AI infrastructure spending.