Key insights
- The author discusses the strong, long-term demand outlook for AI infrastructure, projecting significant market cap growth for companies like NVDA, MU, SNDK, and NBIS by 2030. While acknowledging the bullish sentiment, the author questions the source of capital for such growth and expresses uncertainty about investment strategies over the next five years, suggesting that other economic sectors may need to underperform for this growth to materialize.
Every article I read nowdays state that AI infrastructure demand is very strong and is going to continue until 2030. There are also articles around Physical AI, still in infancy stage, and that will enter mainstream somewhere in 2028-2029 and peak until 2035.
I feel stocks like NVDA, MU, SNDK, NBIS all have had a good run but witht the demand commentry being fed all these should go way higher from here.
At this pace all these AI infra players in 5 years should be 25-30 trn Market cap. Where is soo much capital gonna come from. Certain areas of the economy hav eto perform really bad for this work.
I am confuse where to play for next 5 years.