In this episode of “On the Horizon,” Fawaz Chaudhry, Partner and Head of Equities, discusses:
- AI race broadens beyond Nvidia as Google ramps TPU-driven Gemini stack
- China accelerates AI push with low-cost models, intensifying competition
- Falling inference costs speed AI adoption
- Softer labour data amidst tech hiring freezes support a more dovish Fed stance
- AI-linked capex underpins equity valuations
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