CONCORD NE

The AI hardware hype is in the early stages. Expect a few new multi trillion dollar companies, and even maybe replace the MAG7. Don't get levy behind!

The equity raises by big tech only goes to show that AI spend is going strong and they know that the first mover advantage is real. However valuations are stretched and a healthy breather will be good for the markets.

The market seems to be going up but the rotation within names are quite obvious. Memory and selective chips seems to be the trend at the moment.

With so many high profile IPOs set to start in a couple of months time, I'm not surprised to see high valuations due to high expectations and interests from both institutional and retail investors. I personally feel like the market is over inflated, though the AI revolution is far from over and has more potential to grow. However, the rate at which companies' valuation is skyrocketing poses an elevated risk once money starts rotating out of the industry. It could be a great idea for swing trades on these upcoming ipos, but definitely too risky to enter full long position immediately.

I believe the enterprise AI hardware trade is gaining momentum, still early but not at the stage where early lurker make their multi-bagging.

Anthropic still making losses but it's a high growth company. people are buying into the expansion narrative and willing to take high risk for that.

Based on the current PE and the previous internet bubble history, the AI wave is far away from peak. Will watch patiently and grab the opportunity quickly