Sign in Subscribe

CoreWeave

Portfolio Rebalance: Capturing the Next Phase of AI Infrastructure Buildout (Pt.2)

Portfolio Rebalance: Capturing the Next Phase of AI Infrastructure Buildout (Pt.2)

Part 2 of the rebalance deepens the focus on power electronics for 800V DC architectures, sharpens photonics conviction around hybrid bonding and space optics, and refines the neocloud and software allocations toward the highest-asymmetry names in the AI value chain.

31 min read 21 Jul 2026

Notes: The Bottleneck Heuristic — The Memory Supercycle, Power Bottleneck, and Data Center Value Creation (Pt.3)

25 min read 29 Jun 2026

Notes: The Bottleneck Heuristic — The Memory Supercycle, Power Bottleneck, and Data Center Value Creation (Pt.3)

The memory supercycle is no longer just about HBM. Multi-tier architectures are pulling conventional DRAM and NAND into the same structural shortage, while power and PCB bottlenecks are now compounding the constraint.

Notes: AI Bubble? Spending, Risks, and Returns — A High-Level Assessment

24 min read 14 Nov 2025

Notes: AI Bubble? Spending, Risks, and Returns — A High-Level Assessment

Summary * Hyperscalers’ AI capex is soaring past historical limits, forcing creative financing and intensifying scrutiny over ROI and long-term sustainability. * Despite fears of an AI bubble, utilization remains high, demand is outpacing capex, and efficiency breakthroughs from Chinese labs are lowering compute costs while expanding practical use cases. * The