White Collar Exit(@WhiteCollarExit):The AI infra trade is a moving bottleneck story. Markets already rerated GPUs, HBM, packaging, memory, CPUs, ... Think early $NVDA and more recently $MU, $SNDK or $AMD. The question is: Will those trades keep on giving? Maybe! In my view though, there are more underappreciated layers further out. As AI racks get energy denser and move toward 800V DC architectures, things like electrical infra, power semis, and speciality materials become interesting. What we have to realize is that the market finds new constraints, rerates them, then moves on. That's where the massive opportunity sits!

2026.05.16 17:07

The AI infra trade is a moving bottleneck story. Markets already rerated GPUs, HBM, packaging, memory, CPUs, ... Think early $NVDA and more recently $MU, $SNDK or $AMD. The question is: Will those trades keep on giving? Maybe! In my view though, there are more underappreciated layers further out. As AI racks get energy denser and move toward 800V DC architectures, things like electrical infra, power semis, and speciality materials become interesting. What we have to realize is that the market finds new constraints, rerates them, then moves on. That's where the massive opportunity sits!