---
title: "Amid 'Token Optimization' & 'Open-Model Invasion', UBS Says The AI Trade Is Not Breaking, It's Maturing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293501407.md"
description: "The twin AI trends of token optimization and a share shift to cheaper open models (Chinese or otherwise) are dominating investor's thoughts over the last several weeks, as they judge whether and how these trends will impact AI spending and specifically chip/hardware suppliers, the hyperscalers (AWS/Azure) and the software sector.What UBS Heard..."
datetime: "2026-07-22T16:50:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293501407.md)
  - [en](https://longbridge.com/en/news/293501407.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293501407.md)
generator: "portal-rs"
---

# Amid 'Token Optimization' & 'Open-Model Invasion', UBS Says The AI Trade Is Not Breaking, It's Maturing

**The twin AI trends of token optimization and a share shift to cheaper open models (Chinese or otherwise) are dominating investor's thoughts** over the last several weeks, as they judge whether and how these trends will impact AI spending and specifically chip/hardware suppliers, the hyperscalers (AWS/Azure) and the software sector.

## What UBS Heard...

### Related Stocks

- [UBS.US](https://longbridge.com/en/quote/UBS.US.md)

## Related News & Research

- [Nvidia CEO Jensen Huang Not Taking OpenAI's 'Jalapeño' Chip Personally: 'Lots of Projects Get Started. Lots of Projects Get Canceled'](https://longbridge.com/en/news/297140304.md)
- [Nvidia Stock (NVDA) Breaks Away from Chip Peers as Correlation Falls to 0.03](https://longbridge.com/en/news/297362509.md)
- [LIVE MARKETS-Hyperscalers are chasing AGI, but investors want proof](https://longbridge.com/en/news/297352501.md)
- [MSFT: AI adoption is scaling rapidly, driving measurable outcomes and transforming business operations](https://longbridge.com/en/news/297228678.md)
- [Microsoft (MSFT) Is Up 6.3% After AI-fueled Cloud Strength Lifts Q4 Results - What's Changed](https://longbridge.com/en/news/297408455.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**