AI Infrastructure Investment in 2026: HBM, Data Centers, Power and Liquid Cooling
AI SEMICONDUCTOR INFRASTRUCTURE Beyond NVIDIA: The AI Semiconductor Supply Chain, Power Bottleneck and the Next Investment Opportunity A three-part analysis of NVIDIA, HBM, advanced packaging, networking, power infrastructure, cooling and the evolving AI investment cycle. PART 1 NVIDIA Is Growing Faster, But the Bigger Story Is the Supply Chain For the past several years, NVIDIA has been at the center of the artificial intelligence investment boom. The company started the AI revolution from the perspective of computing. Its GPUs became the engines powering large language models, generative AI applications, AI agents, inference systems, scientific computing, and increasingly sophisticated data-center workloads. But NVIDIA's latest earnings report suggests that the AI story has entered another stage. The important question is no l...