Stacy Rasgon

Battle for the AI Data Center: Deep Dive on the Semiconductor Supercycle

Stacy Rasgon argues the AI buildout has pushed semiconductors into a demand-driven supercycle, with memory, advanced packaging, and equipment all constrained at once. He says the real economic test now is inference—not training—and that power, fabs, and supply-chain bottlenecks will shape how far the boom can run.