The Download podcast | From AI spending to market shifts

David Tron breaks down the AI buildout and the forces driving markets this year. He explores hyperscaler spending, the demand uncertainty behind the volatility, and how competition from China and Meta could shift the landscape. [43 minutes, 53 seconds] (Recorded: August 19, 2026) Host David Richardson Managing Director & Head, Enterprise Strategy, RBC Global Asset Management Guest(s) David Tron, CFA Senior Portfolio Manager, North American Equities ▶️Access full transcripts and catch up on previous episodes: http://spr.ly/6055B1ajut 🔔Get the latest RBC GAM insights delivered to you each month: http://spr.ly/6056B1ajuQ