STIFEL: “.. Consensus expects hyperscaler capex growth (Y/Y%) to roll over soon. We disagree. Chipmaker revenue leads hyperscaler cape

STIFEL: “.. Consensus expects hyperscaler capex growth (Y/Y%) to roll over soon. We disagree. Chipmaker revenue leads hyperscaler capex by roughly one quarter.. and global semiconductor sales point to accelerating capex and upward estimate revisions into 2027.” CQ Cnbc