Capacity Bottlenecks Emerge

its chance, of the story’s futures

−0.2%on the S&P 500, if it happens

A lower-probability but realistic risk is that 10x demand cannot be monetized quickly because data-center power, networking gear, and Nvidia GPU delivery windows become binding constraints. In that case, high demand does not immediately translate into free cash flow.

What it moves

Technology−0.5%
Utilities+0.2%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Capacity Bottlenecks Emerge

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