Franklin Portfolio Manager: AI ROI Will Decide Whether Chip Demand Holds Up
IBDinvestors · reddit · 2026-08-28
Franklin Equity portfolio manager Jonathan Curtis argues the chip-demand question comes down to ROI:
- If Big Tech keeps seeing real returns from AI investment, spending should continue, keeping chip demand strong;
- He believes we may be near the bottom of the "J-curve," where payoffs from all that spending start becoming visible;
- If so, benefits should eventually spread beyond mega-cap tech to smaller companies building, running and using AI.
The poster asks the community whether current AI ROI evidence justifies continued spending.
More from Venture
- Frontier labs paying massive sums for proprietary data to move into verticals — sarahookr · 2026-10-15
- Frontier labs are paying obscene sums for old Slack threads as real-world data becomes the moat — sarahookr · 2026-10-15
- One $200 Claude subscription drives $30,000 in client pipeline for this creator — aryanXmahajan · 2026-10-15
- Dev bills $20,000 for an app built with $200 of Claude Code — IgorCarron · 2026-10-15
- Data Brokers Pay $100K–$2M for SaaS Datasets to Resell to AI Labs — IgorCarron · 2026-10-15
- Modal hits $1B ARR with $750M Series D at $15.75B valuation as Gemini 4 Argon lands — Latent Space · 2026-10-15