There’s a lot of leverage in the system, there’s a lot of cash, but then there’s a whole bunch of other folks who are trying to build these data centers. Whether there’s the energy component side of it, or whether you think about the real estate component, I mean, there’s just a whole lot of things happening at one time. [...] Are we in an AI bubble? Of course, we are. We are hyped, we’re accelerating, we’re putting enormous leverage into the system,” Gelsinger answered. “With that said, I don’t see it ending for several years. I do think we have an industry shift to AI. As Jensen (Huang) talked about, and I agree with this, you know that businesses are yet to really start materially benefiting from [it]. We’re displacing all of the internet and the service provider industry as we think about it today — we have a long way to go.