AI Infrastructure Is Financial Validation
This is the most bullish thing that’s happened to AI infrastructure all yearits financial validation.
Google isn’t dumping shares. It’s doing a textbook raise-to-grow.
There’s a difference between raising equity to survive and raising to fund demand you physically need to build.
Google just opened up the floodgates for the Mag 7 to begin doing ATM offerings.
The Mag 7 used to buy back stock. Now they are dumping shares in the open market.
Why? AI infrastructure.
As long as the capex delivers an ROI, the market may reward it.
