Jun. 6 at 7:30 PM
UBS just dropped serious numbers on the AI data center power chain—and the implications are massive.-2
Key beneficiaries across the stack:
$NVTS — pure-play GaN exposure
$STM — broad power + industrial leverage
$ON — silicon carbide + auto/AI crossover
$POWI — mid-tier power IC supplier
$DIOD — discrete power components
Regional exposure also includes:
$6723.T - Renesas
$2308.TW - Delta Electronics
$2301.TW- Lite-On Tech
What’s changing isn’t just demand-it’s power architecture. 800V DC shift is forcing GaN/SiC adoption across every layer of AI infrastructure.
Rack economics are exploding:
Hopper →
$3.9K
Blackwell →
$12.6K
Rubin →
$20.2K
Rubin Ultra →
$123K
Feynman →
$202K
That’s the signal: ~50x content growth in 5 years.
UBS also models 30GW+ 2026 capacity adds vs 10–15GW consensus-effectively 2x the Street.
This is no longer a chip story. It’s a power + infrastructure re-rating cycle.
So chat, anyone got power-semi picks not on the list that I should check out?
