There are also elements of stock price hype and geopolitical competition involved. The major U.S. tech giants are all tied to the same bandwagon — they have to maintain this cycle: buy chips → build data centers → release new models → buy more chips.

It might only stop once the electricity problem becomes truly unsustainable. Of course, I don’t fully understand the specific situation in the U.S., but I even feel that one day they might flee the U.S. altogether and move to the Middle East to secure resources.