TSMC's latest capex announcement signals the semiconductor cycle isn't peaking just yet—being early on bearish calls could cost you. Meanwhile, OpenAI's cash runway presents an interesting constraint: projections suggest they'll face serious funding pressure by mid-2027, though today's financing environment remains favorable. The bigger picture? Watch DRAM supply dynamics around mid-2026—that's when inventory normalization kicks in. For traders tracking AI infrastructure costs and GPU pricing trends, these three timelines form a critical backdrop for computing power economics.