> The world is out of fab capacity.

Can anyone expand on this point? I read an article saying that the big AI co's datacentre spend was a bunch of lies because they can't build datacentres at anywhere near the rate they want to.

From what I understand it’s mostly TSMC and the memory providers being out of capacity over the next few years.

So it’s not even about datacenters.

Here’s a Reuters article about TSMC: https://www.reuters.com/world/asia-pacific/broadcom-flags-su...

So this is actual committed contracts with all kinds of companies such as Apple, NVidia, AMD.

Also, the whole reason they can’t build data centers faster is precisely because of this.

> they can't build datacenters at anywhere near the rate they want to

That was because the supplies the datacentre needed were constrained - supply-constrained, not end-user demand constrained, so would be in agreement with the GP comment (and the article I read didn't imply anything about lying).