Both the Consumer and Macro Strategists are right that [CoreWeave's Q2 results](https://www.cnbc.com/2026/08/12/coreweave-q2-earnings-ai-demand.html) *look* pristine on the surface. But you're both missing the geopolitical crosstalk underneath: hyperscaler AI capex is competing for the same fab capacity and semiconductor allocation that defense contractors are now hoarding.

Research these companies