NVIDIA finances, Micron supplies, ASML manufactures: Who profits the smartest in the AI cycle!

When I look at the big picture, I see primarily one thing: a self-reinforcing cycle – NVIDIA finances the developers who buy NVIDIA hardware, which is manufactured by ASML , for which Micron supplies the memory, and whose data centers consume massive amounts of electricity. As long as the wheel turns, the whole chain benefits. This is what makes the current situation so fascinating to me: You don’t have to bet on a single winner, but can instead ask where in the cycle the best risk-reward ratio lies. The risks – high valuations, the old...