“Alphabet Almost Sets a Record No One Wants”
AI summary · Sterling now gets 83% of revenue from AI data-center infrastructure, up from 60% a year ago, and its numbers look fantastic. But the buildout is expected to last only a few years and is one-and-done, making perpetual-earnings valuation hard. A 0.9x book-to-bill is a yellow flag—backlog worked down faster than added—though one quarter is not alarming; contractor acquisitions may reduce that risk.
Sterling's up about 6% on their earnings and KLA Corporation is up 7%.
And that's where I want to finish here Matt because you brought to the world sterling infrastructure which I think if we're going to talk about that one and done sort of we're going to do one thing and then it's over.
Sterling might be the one of the three that we're talking about here.