Chips Rebound as Markets Brace for Mega IPOs

Dip-buying remains strong in global equities, but the coming flood of share issuance suggests the market is increasingly attractive to issuers, not just buyers.

Key Takeaways

• AI Buildout Race Accelerates as China Prepares Big Push: China’s planned nationwide data-center push shows the AI infrastructure cycle is no longer just a U.S. corporate capex story, but an international competition that could extend the profit runway for chips, power, equipment, and other “pick-and-shovel” suppliers.