I’m bullish, but I’m not blindly stacking only Nvidia and calling it a day.

Jensen Huang said last week Nvidia may sell twice as many chips next year. That stuck with me. Last quarter they did about $96 billion in sales, more than double last year. Data center alone was around $89 billion. Next quarter they pointed to near $108 billion. For the year after that they talked about sales up around 70%. Demand is not dying. They just cannot make chips fast enough. Amazon, Google, Microsoft and Meta are still spending huge money on data centers this year. So no, this does not feel like a two-day bounce to me.

The messy part is the fight at the top. A few AI bosses want the next models slowed down. Trump said forget that. He wants an AI Force, an AI czar, and he keeps saying AI could one day be 25% of US GDP. I am on the build side. Safety is not a joke. Sitting still while China keeps building is also not a joke.

My own book is simple. Nvidia is the main holding. I also keep Microsoft. On the side I bought a little power and cooling exposure, because these chips eat electricity and the grid is already tight. Memory is the other squeeze.

If this run lasts, the leftover money is not only in the chip names everyone already owns. It is in power, memory, and the companies that actually put AI to work.

Not advice. Just what I am doing.

🔥 As AI stocks keep running, where is the next money going?
#AIStocksWhatNext