Next AI trade? Power grids and water rights
I remain strongly positive on AI. The pace of development, the scale of capital flowing into the sector, and the productivity upside it promises are all significant.Equity markets have responded accordingly, with leadership concentrated in semiconductors, cloud platforms, and software. The concentration reflects real earnings power and strong visibility.At the same time, the investment landscape around AI is broadening.The next phase is taking shape, I believe, partly […]



