The shift DeepSeek triggered in upstream vs downstream dynamics is fascinating. It also raises questions about long-term capex strategies—especially for firms still banking on high-end chip demand. I wonder if we’ll start seeing more hybrid models that straddle midstream and downstream to hedge against volatility.
It definitely makes sense. I’m thinking vertical integration when you say “straddle” but maybe there are other business model innovation on the way as well. Regardless, any direction in those kind of strategies would be a sign of the industry maturing.
The shift DeepSeek triggered in upstream vs downstream dynamics is fascinating. It also raises questions about long-term capex strategies—especially for firms still banking on high-end chip demand. I wonder if we’ll start seeing more hybrid models that straddle midstream and downstream to hedge against volatility.
It definitely makes sense. I’m thinking vertical integration when you say “straddle” but maybe there are other business model innovation on the way as well. Regardless, any direction in those kind of strategies would be a sign of the industry maturing.
I appreciated your comment. Thanks.