Mar. 1 at 8:47 PM
Today we present one of our best research pieces to date in my view, with a 10x speculative bet to cap it off.
We explore the current AI trade and where it sits in relation to the capital cycle.
The hyperscalers have been weak, and capex figures are blowing out… MSFT GOOG META AMZN
On the other hand, capex receivers like Nvidia, AVGO, etc.. can’t catch a bid even on stellar results.
We draw comparisons to a previous cycle of technological advancement that experienced a very similar evolution (not what you would expect).
Finally, we dive into our most speculative bet yet, an investment that could have 10x potential in coming years under our working thesis.
Many know that power and water will be massive but most relevant names like
$CEG $VST $BE have ran 100s of %… we needed to dig deeper.
We have re-enabled the 1 free article feature for this piece as we believe everyone should read this thesis.
Enjoy!
https://kryptonresearch.substack.com/p/the-next-ai-trade
