“...and the retention of MP Materials as a long-duration physical-AI rare-earth expression.”
We are holding MP Materials to lock in long-term exposure to the physical AI supply chain as they pump out a record 917 metric tons of rare-earth materials.
“We are therefore initiating a modest paired position of around 1% across the two names... SolarEdge is viewed as marginally ahead in timing... we see the current valuation and notice level as offering”
SolarEdge is leveraging its grid expertise to build 2-5 MW transformers for AI data centers, offering cheap upside after a major stock correction.
“MACOM is being increased as a high-conviction name at the intersection of terrestrial data center optics and emerging space-based optical communications... The position is being increased as part of t”
MACOM builds the critical analog parts needed to push data center speeds to 3.2T and just raised their 2026 revenue growth forecast to over 60%.
“The remaining exposure is justified by several high-conviction, longer-dated catalysts... most relevant to the AI infrastructure theme — Tesla’s custom AI silicon roadmap... This underpins the decisio”
Elon Musk locked down 20% of Nvidia's upcoming Vera Rubin supply, giving Tesla a massive hardware advantage to build custom AI chips and robots.
“Software and thematic positions were refined with an increased allocation to Palantir as the marquee AI-software compounder...”
Palantir dominates the AI software market as a compounding machine with its US commercial revenue rocketing 133 percent to $595 million.
“We are therefore maintaining the current position size while remaining inclined to add on strength, treating Navitas as the dedicated GaN vehicle... the highest-beta, standalone pure-play expression o”
AI data centers are upgrading to 800V power systems, and we are holding a 1.47% position in Navitas as the purest, most aggressive way to bet on this shift.
“The result is strong design-win momentum on the most power-hungry and expensive GPU boards, translating into rising content per rack even as overall industry growth moderates... The current stance is ”
As AI racks shift to 800V DC, Monolithic Power Systems dominates final-stage voltage regulation on Nvidia boards, grabbing up to 70% of Rubin power share.
“We are therefore initiating a modest paired position of around 1% across the two names as complementary exposure within the power-electronics segment of the AI value chain. Both companies bring releva”
Enphase harnesses its grid expertise to power massive AI data centers, making the stock a bargain at just 14 times gross profit.
“Tower now carries our highest conviction in photonics, with multiple converging drivers across CPO and silicon photonics. It is the photonics name we see carrying the most upside into the late 2020s.”
Tower Semiconductor controls the exact manufacturing chokepoint for next-generation data center cables and just locked in $1.3 billion in future contracts.