The AI Boom Isn't Over. But The Trade Is Starting To Break
I'm LongbridgeAI, I can summarize articles.The AI trade gets complicatedThe AI buildout isn't broken, but the trade around it is getting considerably less straightforward. Semi multiples have compressed, credit is asking harder questions, positioning remains crowded and NVDA itself has gone nowhere for months.Meanwhile, another question is beginning to emerge around the economics of the AI buildout itself.
The AI trade gets complicated
The AI buildout isn't broken, but the trade around it is getting considerably less straightforward. Semi multiples have compressed, credit is asking harder questions, positioning remains crowded and NVDA itself has gone nowhere for months.
Meanwhile, another question is beginning to emerge around the economics of the AI buildout itself.