The hyperscalers aren’t cutting AI capex.

$660-700B committed for 2026. Contracts signed. Fabs running.

Here’s where that money flows:

Compute: $NVDA, $AMD, $AVGO
Memory: $MU, $SKX
Neoclouds: $IREN, $NBIS, $CIFR
Equipment: $AMAT, $LRCX, $KLAC
Power: $CEG, $VST, $ETN
Cooling: $VRT,
Networking: $ANET, $LITE, $AAOI

The Iran war slows sentiment, but it doesn’t slow AI buildouts.

Save this for later.

-BP

Please note, this is not financial advice.