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NVDABEARISHIn depth · 4/5

CapEx-heavy AI hyperscalers face structural demand headwinds

The bear case argued: the massive linear expansion of data center CapEx for large language models is economically unsustainable and heading toward a revenue asymptote and market glut.

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NVDA: CapEx-heavy AI hyperscalers face structural demand headwinds · Zortix