{"id":2023,"date":"2025-07-20T12:12:56","date_gmt":"2025-07-20T20:12:56","guid":{"rendered":"https:\/\/bayesianinvestor.com\/blog\/?p=2023"},"modified":"2025-07-20T12:12:56","modified_gmt":"2025-07-20T20:12:56","slug":"ai-oriented-investments","status":"publish","type":"post","link":"https:\/\/bayesianinvestor.com\/blog\/index.php\/2025\/07\/20\/ai-oriented-investments\/","title":{"rendered":"AI-Oriented Investments"},"content":{"rendered":"\n<p>I&#8217;ve been shifting my investments to more AI-focused bets.<\/p>\n\n\n\n<p>Here&#8217;s an overview of my larger positions, in descending order of how eager I am to recommend further purchases now:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>MU &#8211; AI is memory hungry, and MU is in a good position for almost NVDA-like growth<\/li>\n\n\n\n<li>CSIQ &#8211; solar, for AI-related power demand<\/li>\n\n\n\n<li>ASML &#8211; semiconductor equipment<\/li>\n\n\n\n<li>SCIA &#8211; semiconductor equipment<\/li>\n\n\n\n<li>GOOGL &#8211; for TPUs, DeepMind, and Waymo<\/li>\n\n\n\n<li>SMCI &#8211; datacenter<\/li>\n\n\n\n<li>NVDA<\/li>\n\n\n\n<li>AMPX (and AMPX.WS) &#8211; batteries suitable for drones<\/li>\n\n\n\n<li>TSSI &#8211; datacenter<\/li>\n\n\n\n<li>CLS &#8211; close to half of its business involves datacenters<\/li>\n\n\n\n<li>PDEX &#8211; a fairly safe way to diversify my portfolio<\/li>\n\n\n\n<li>MTG &#8211; a fairly safe way to diversify my portfolio<\/li>\n\n\n\n<li>ASTS &#8211; expanding cell phone coverage; I&#8217;ll likely sell when I can get long-term gains<\/li>\n<\/ul>\n\n\n\n<p>Short positions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SP500 futures &#8211; hedging against risks such as tariffs<\/li>\n\n\n\n<li>SOFR futures dated 2029 through 2032 &#8211; betting that interest rates will rise due to AI<\/li>\n\n\n\n<li>WMT &#8211; it&#8217;s got a high PE ratio, and little sign of growth<\/li>\n<\/ul>\n\n\n\n<p>[This is not at all a complete list, as I have smaller positions in something like 150 other companies.]<\/p>\n\n\n\n<p>AI stocks are likely to form a bubble someday, but I&#8217;m guessing the peak of that bubble is more than a year away.<\/p>\n\n\n\n<p>I still have some concerns about tariff-related damage causing some declines sometime this year. I&#8217;m optimistic that the courts will strike down the per-country tariffs this fall. It shouldn&#8217;t take long for the country to recover from the tariff damage once the tariffs have been removed.<\/p>\n\n\n\n<p>Beware that even in a strong bull market, there will be periodic scares, such as January&#8217;s DeepSeek-trigger panic, that cause sharp drops in leading stocks. AI-related stocks had a big rally in June, and are likely to consolidate for a while before the next such rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve been shifting my investments to more AI-focused bets. Here&#8217;s an overview of my larger positions, in descending order of how eager I am to recommend further purchases now: Short positions: [This is not at all a complete list, as I have smaller positions in something like 150 other companies.] AI stocks are likely to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[26,18],"tags":[146],"class_list":["post-2023","post","type-post","status-publish","format-standard","hentry","category-ai","category-investing","tag-bubbles"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p80O1l-wD","_links":{"self":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=2023"}],"version-history":[{"count":1,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2023\/revisions"}],"predecessor-version":[{"id":2024,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2023\/revisions\/2024"}],"wp:attachment":[{"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=2023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=2023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bayesianinvestor.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=2023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}