No. of Recommendations: 17
But infrastructure plays might be even safer, especially as demand shifts. If the first iteration of the AI trade was simply about building the best chips and sticking them in CPUs, the second will focus on building “AI factories,” according to Evercore analyst Amit Daryanani.
It seems odd to think that if the AI bubble breaks, then those producing the chips will suffer but those building the structures to house them won’t. Isn’t it kind of like saying “Well, if the housing bubble bursts I’m gonna be OK because I don’t build houses, I just install the plumbing in them.”
