Climbing up was fairly natural and easy, simply because I just disregarded all the status quo and the rules and realized what's the right thing to do, and went all the way with it.
Capital expenditures-capex, meaning the big-ticket purchases that fund the data centers, servers, and power infrastructure undergirding the AI race-is fueling record-high, multi-trillion dollar tech valuations when investors think the spending is warranted. But companies get punished when investors worry they might not see returns that justify hundreds of billions in spending.