Jun. 23 at 4:28 PM
We’ve re-enabled the option to read one thesis in its entirety for free on all of our position research notes!
Today’s swoon (blip) in memory stocks is a good chance to step back and realize that the AI trade, while it seems like it right now, won’t always be about the picks and shovels like memory, chip stocks
$ALAB $ASML $TSM or optics, etc…
Eventually AI applications will be in focus, and one of the foremost use cases for AI will be in its physical form and robotics.
Most understand this trade is the next major theme, but not many have figured out the proper positioning (it’s not the direct robotics plays we have on the market like Tesla, Richtech, Serv, etc… and the leaders like Boston dynamics and figure are private).
So what did we do?
In krypton research fashion, we mapped out the entire robotics supply chain from materials to parts all the way to end users and beneficiaries.
Here are our 10 picks for the robotics era:
https://kryptonresearch.substack.com/p/the-iron-age
