Jan. 2 at 6:06 PM
$UROY $AIQ $XAIXF $CHAT $SPY I own UROY. Nuclear energy will play a critical role in meeting the energy demand for AI, quantum computers, and data centers. However, I do think AI valuations are way ahead of their skis.
$400 billion will be spent on AI and we still don’t know if any of this will translate to real revenue and profit. In the 80s, the U.S. spent
$200 billion on internet sea cables and many companies did not see a profit until 20 years later. I suspect the same will play out in the AI space. Some winners, and many losers.