Rate Of ReturnThis week, I'm focusing more on SpaceX than DBS. DBS posted record profit and crossed S$6 billion in total income, confirming the strength of its business. But SpaceX's earnings gave investors a clearer picture of where the AI investment cycle is heading.
The market punished SpaceX for its huge AI capex, but I see it as a long-term investment. With Elon Musk doubling down on Nvidia-powered AI infrastructure, it reinforces my view that AI spending is far from over, even if near-term profits come under pressure.
That's why I remain positive on the semiconductor and AI infrastructure theme. The recent pullback hasn't changed my conviction—I see it as an opportunity to continue building positions while sentiment stays cautious.
☕️ [Task Coins Giveaway] Daily Market Talk — DBS Crosses S$6B as SpaceX Bets It All on Nvidia
$DBS(D05.SG) just crossed a milestone: total income above S$6B for the first time, on record quarterly profit. Meanwhile $SpaceX(SPCX.US) delivered its first earnings report as a public company, beat ...
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