Jun. 3 at 12:11 AM
New highs in the portfolio led by AI pick-and-shovel names
$AMD – CPU + GPU designer, expanding into AI compute demand
$NBIS – GPU cloud infrastructure, renting compute to AI companies
$MU – memory cycle leader, DRAM + NAND demand tied to AI servers
$DRAM – ETF exposure to memory semis, broad sector beta play
$ASML – lithography monopoly, enabling the entire semiconductor stack
This is the infrastructure layer of AI-not hype, but the actual tools, chips, and systems required to scale compute globally. When this group moves together, it usually signals the cycle is still in expansion mode.
