Standing Order

Theme

AI infrastructure

The compute, capital, and custom silicon build-out powering AI — hyperscaler capex, GPU cloud, and accelerators.

AI infrastructure spans the data centers, networking, and custom silicon that hyperscalers and specialist clouds are building to train and serve large models. This theme tracks the capital intensity and supply chains behind that build-out, from accelerators to the GPU-cloud capacity that rents them out.

Companies · 47

NVIDIA CorporationNVDA
Market cap$5.4T
Conviction5 / 5
AI computeAI infrastructureVision models
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Arista Networks, Inc.ANET
Market cap$257B
Conviction5 / 5
InterconnectAI infrastructure
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Alphabet Inc.GOOGL
Market cap$2.0T
Conviction5 / 5
Vision modelsAutonomous systemsAI compute
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Microsoft CorporationMSFT
Market cap$3.7T
Conviction5 / 5
AI infrastructureTopological qubitsCloud security
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Databricks, Inc.Private
Market cap
Conviction4 / 5
AI infrastructureFoundation models
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84
Amazon.com, Inc.AMZN
Market cap$2.7T
Conviction4 / 5
AI infrastructureAI computeQuantum software & access
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83
Broadcom Inc.AVGO
Market cap$1.7T
Conviction4 / 5
AI computeAI infrastructure
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Meta Platforms, Inc.META
Market cap$1.6T
Conviction4 / 5
AI infrastructureVision models
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Monolithic Power Systems, Inc.MPWR
Market cap$67B
Conviction4 / 5
AI infrastructureData-center power & coolingPower semiconductors
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Delta Electronics, Inc.2308
Market cap$155B
Conviction4 / 5
Data-center power & coolingAI infrastructure
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Amphenol CorporationAPH
Market cap$203B
Conviction4 / 5
InterconnectAI infrastructure
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Datadog, Inc.DDOG
Market cap$84B
Conviction4 / 5
AI infrastructure
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ServiceNow, Inc.NOW
Market cap$146B
Conviction4 / 5
Foundation modelsAI infrastructure
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Oracle CorporationORCL
Market cap$437B
Conviction4 / 5
AI infrastructureAI compute
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Groq, Inc.Private
Market cap
Conviction4 / 5
AI computeAI infrastructure
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Nebius Group N.V.NBIS
Market cap$50B
Conviction4 / 5
AI infrastructureAI compute
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Hon Hai Precision Industry Co., Ltd. (Foxconn)2317
Market cap$113B
Conviction4 / 5
AI infrastructure
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Quanta Computer Inc.2382
Market cap$44B
Conviction4 / 5
AI infrastructure
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75
Corning IncorporatedGLW
Market cap$133B
Conviction4 / 5
InterconnectAI infrastructure
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Coherent Corp.COHR
Market cap$59B
Conviction4 / 5
InterconnectAI infrastructure
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Snowflake Inc.SNOW
Market cap$118B
Conviction4 / 5
AI infrastructureFoundation models
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Crusoe Energy Systems LLCPrivate
Market cap
Conviction4 / 5
AI infrastructureData-center power & cooling
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Lumentum Holdings Inc.LITE
Market cap$84B
Conviction4 / 5
InterconnectAI infrastructure
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75
SanDisk CorporationSNDK
Market cap$266B
Conviction3 / 5
AI infrastructureAI memory
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Hugging Face, Inc.Private
Market cap
Conviction3 / 5
Foundation modelsAI infrastructure
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TE Connectivity plcTEL
Market cap$62B
Conviction3 / 5
InterconnectAI infrastructure
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Cisco Systems, Inc.CSCO
Market cap$420B
Conviction3 / 5
InterconnectAI infrastructure
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Hewlett Packard Enterprise CompanyHPE
Market cap$83B
Conviction3 / 5
AI infrastructure
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Jabil Inc.JBL
Market cap$32B
Conviction3 / 5
AI infrastructure
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Nokia OyjNOK
Market cap$60B
Conviction3 / 5
InterconnectAI infrastructure
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Ciena CorporationCIEN
Market cap$50B
Conviction3 / 5
InterconnectAI infrastructure
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82
Celestica Inc.CLS
Market cap$46B
Conviction3 / 5
AI infrastructure
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89
Dell Technologies Inc.DELL
Market cap$173B
Conviction3 / 5
AI infrastructureAI compute
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FabrinetFN
Market cap$14B
Conviction3 / 5
InterconnectAI infrastructure
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Lambda, Inc.Private
Market cap
Conviction3 / 5
AI infrastructureAI compute
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MACOM Technology Solutions Holdings, Inc.MTSI
Market cap$21B
Conviction3 / 5
InterconnectAI infrastructure
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Penguin Solutions, Inc.PENG
Market cap$2.8B
Conviction3 / 5
AI infrastructureAI memory
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Seagate Technology Holdings plcSTX
Market cap$210B
Conviction3 / 5
AI infrastructureAI memory
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Western Digital CorporationWDC
Market cap$171B
Conviction3 / 5
AI infrastructureAI memory
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Wiwynn Corporation6669
Market cap$37B
Conviction3 / 5
AI infrastructureData-center power & cooling
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90
CoreWeave, Inc.CRWV
Market cap$40B
Conviction3 / 5
AI infrastructureAI compute
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79
Super Micro Computer, Inc.SMCI
Market cap$27B
Conviction3 / 5
AI infrastructureAI compute
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85
Space Exploration Technologies Corp.SPCX
Market cap$1.9T
Conviction3 / 5
LaunchSatellite broadbandFoundation models
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ADTRAN Holdings, Inc.ADTN
Market cap$579M
Conviction2 / 5
InterconnectAI infrastructure
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80
Flex Ltd.FLEX
Market cap$41B
Conviction2 / 5
AI infrastructure
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Sanmina CorporationSANM
Market cap$12B
Conviction2 / 5
AI infrastructure
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91
Applied Optoelectronics, Inc.AAOI
Market cap$8.6B
Conviction2 / 5
InterconnectAI infrastructure
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