“Only about 25 gigawatts of new AI compute will be added next year [2027] — not the roughly 43 gigawatts SemiAnalysis projects, after 19 gigawatts this year — because permits, interconnects, crews and switchgear do not scale in a year; about half of that capacity will go to the two leading labs.”
Founder and CEO, Altimeter Capital
Said Sep 15, 2026Deadline Dec 31, 2027All-In Summit 2026 'State of the Markets' keynote, published as 'Brad Gerstner: No AI Bubble, Semis Eat the Nasdaq & AI's Take Off Problem,' Sept 17, 2026 (analysis by BEP Research)
Resolves against 2027 additions of AI compute capacity versus SemiAnalysis/Dylan Patel's 43 GW projection for that year.