Choose your market
Switch anytime from the nav.
Theme · AI Compute
Every dollar of model intelligence flows through silicon. AI compute is the gating constraint and the largest capex line in the trade. The companies designing, fabricating, and networking the chips that train and serve frontier models. The incumbent (NVIDIA) and the credible challengers (AMD, Broadcom custom silicon, Cerebras for inference) sit on top of a stack that runs back through TSMC and ASML. When the trade has been wrong, it's been wrong here first.
AI Compute · 1d avg
8 tickers tracked
Signals (three independent reads)
Fund momentum
0
Funds steady — no meaningful 13F changes this quarter.
Sentiment trend (7d)
-2
18 articles · 6% bullish · split.
Canon citations
4
3 bullish, 1 structural from Aschenbrenner, Sutton, Sequoia, Andreessen.
“The trillion-dollar cluster is coming. Compute is the binding constraint, not capital.”
Aschenbrenner · bullish
“Methods that leverage computation are ultimately the most effective, and by a large margin.”
Sutton · structural
“Compute is the picks and shovels. Demand from the application layer compounds.”
Sequoia · bullish
“The cost of intelligence is falling on a Moore's Law-like curve. Every layer above benefits.”
Andreessen · bullish
Parallel readings, not a composite score. Composite scoring lands in v3 once each signal validates against subsequent moves.
Constituents · ranked by today’s perf
News in this theme
finance.yahoo.com · 1h ago
bullishSemiconductor leaders are coming into June 2026 with a fresh dent in the chart after a spring run that pushed valuations to uncomfortable levels. The trigger was Broadcom’s Q3 AI revenue guide, which came in at $16 billion versus analyst expectations near $17.2 billion and dragged the entire AI chip complex lower. The PHLX chip ... 3 Semiconductor Stocks to Buy While They Are Down in June
finance.yahoo.com · 1h ago
neutralA brutal week for AI's biggest spenders is recasting the iPhone maker's restraint as a strength.
finance.yahoo.com · 2h ago
neutralIt might be a volatile week for the markets.
Yahoo · 2h ago
neutralThe artificial intelligence race has become one of the biggest wealth-creation stories in modern market history. Investors have poured hundreds of billions of dollars into companies promising ever-more-capable AI models, betting that each new breakthrough will unlock larger marke
The Verge · 3h ago
bearishOn Friday evening, the government ordered Anthropic to block access to Fable 5 and Mythos 5 for all foreign nations, both inside and outside the US, due to national security concerns. That order included employees of Anthropic. To meet those demands, the company has completely cut off access to the models for all custo
Yahoo · 3h ago
neutralWe just covered the Top 10 Stock Picks of 10 Famous Billionaires. Vistra (NYSE:VST) ranks #5 (see Top 5 Stock Picks of 5 Famous Billionaires). Number of Hedge Funds: 106 Top Pick Of: Stephen Mandel — Lone Pine Capital Vistra (NYSE:VST) is another AI stock billionaires can not get
Top fund exposures to AI Compute
Funds holding the most of this theme
| Fund | Positions | % of portfolio |
|---|---|---|
| Altimeter CapitalCapital · Compute · Talent. The loudest public voice on the AI-capex bull case. | 4 | 41.6% |
| Situational Awareness LPCompute is the trade. Built around the AGI-timelines essay. | 5 | 36.3% |
| Coatue ManagementAI-heavy hedge fund. Semis + hyperscaler exposure. | 4 | 22.7% |
| Tiger Global ManagementMega-cap AI conviction. Public + private crossover. | 3 | 22.3% |
| Maverick CapitalTech long/short. Tiger Cub lineage, concentrated AI positions. | 5 | 16.9% |