No. of Recommendations: 2
of course, i expect the broad mkt to take a short-term hit if openAI goes bust.
the correlation of AI spend to GDP is ~120% ! and the hope that broad AI productivity outpaces gov payments on the debt are even higher.
but consider intel now, and at the time of the deal below.
i expect the intel shareprice will go through a few cycles before any of these brookfield funded projects are even up and running!
so what one cares about more is that brookfield is writing good contracts with some risk hedges. (and this is mostly the type of business they are in)
wsj.com - Intel inks billion funding partnership with brookfield to finance chip factory expansion 