Between demand, expanding use cases, tight supply, tokenomics improving fueling Jevons paradox and stock valuations, this appears to be the opposite of a bubble.
I know it has been incredibly rough to be positioned anywhere near AI or the second half of this year, but this appears durable.
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BofA: AI may be structurally opposite [to the 90s dot-com bust]: abundant demand chasing scarce compute🔥🔥
$MU $ARM $SNDK