Sacks predicts AI capex will deliver returns and calls current volatility temporary and leverage-amplified.
“I think there will be a return on all of this capex and this is temporary market volatility amplified by leverage.”
Sacks says Anthropic faces physical constraints on reaching trillion-dollar ARR despite sufficient TAM.
“If that rate of growth were to continue, that hit a trillion dollars of ARR by the end of next year.”
“The “AI capex is a bubble” and “SaaS is dead” narratives getting shredded this morning. NVDA +8%, SFDC +20%. NVDA: $96B q2 revenue (+106%), ~$60B net income, 75% gross margin. Highest core-business quarterly profit ever. Guided FY28 rev +70% vs Street exp 45% — and that’s a”
“The “AI capex is a bubble” and “SaaS is dead” narratives getting shredded this morning. NVDA +8%, SFDC +20%. NVDA: $96B q2 revenue (+106%), ~$60B net income, 75% gross margin. Highest core-business quarterly profit ever. Guided FY28 rev +70% vs Street exp 45% — and that’s a”