$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This is why the semiconductor sector is exploding. The forecasted capital expenditure by hyperscalers through 2030 simply shows no cycle—it keeps rising, which sustains today's free cash flow projections for each semiconductor company.

The only way the AI boom could die, in my view, is if: (1) those companies reverse their capex commitments, (2) AI demand is confirmed to have languished for whatever reason (using AI doesn't prove an edge, people hate it, there's a backlash, it becomes too expensive and not worth the hassle, etc.), (3) the AI business model can never be profitable because it's too capex-intensive (chips last 4 to 5 years, will we see trillions in data center investment forever? models will never reach affordable prices for people and businesses), (4) regulatory barriers emerge (like past instances, and new AI agents or LLMs needing approval before hitting the market), (5) Black Swan macro events occur (a severe oil shock due to conflict, geopolitical tensions, a private credit crisis exploding, a consumer demand crisis, etc.).