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Daily Earnings: Funding AI plumbers & the physical supply chain tax (JPM, AEHR) | Jul 14

Published 2 weeks, 2 days ago
Description

The multi-billion dollar AI infrastructure cycle is officially hitting the physical economy, driving upstream inflation for smaller hardware companies and a massive wave of traditional loan demand for local tradespeople.

• JPMorgan (JPM) is actively funding the plumbers and HVAC technicians required to cool AI data centers.

• Aehr (AEHR) suffered 40 percent component price hikes because their vendors also supply Nvidia.

• Wall Street is split, with Goldman Sachs cutting headcount while JPM aggressively hikes operating expenses.

Corporate growth is now colliding directly with the physical limits of hardware availability and human labor.

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