Big Tech is pouring unprecedented amounts of capital into AI infrastructure, but is it a once-in-a-generation investment opportunity or the beginning of an expensive arms race? Loftus Peak CIO Alex Pollak joins Ren to unpack why hyperscalers continue to spend despite growing bond market concerns, whether AI models will become commoditised, and how investors should think about semiconductors, disruption and portfolio construction as the AI race evolves.

In this episode:

00:00 – Has AI moved beyond the bubble debate?

03:03 – Why semiconductor stocks are falling despite record AI spending

09:10 – The bond market, debt and funding the AI buildout

14:31 – Will AI models commoditise or remain valuable?

21:01 – The AI arms race and the prisoner's dilemma

24:43 – Meta, Oracle and the next phase of AI infrastructure

27:12 – How Loftus Peak is managing disruption investing today

34:38 – Beyond AI: biotech, batteries and the next wave of disruption

Stocks & ETFs Mentioned: Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), OpenAI, Oracle (NYSE: ORCL), Meta Platforms (NASDAQ: META), AMD (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), ASML (NASDAQ: ASML), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), SpaceX, Apple (NASDAQ: AAPL), Eli Lilly (NYSE: LLY), CATL, Walmart (NYSE: WMT), John Deere (NYSE: DE)

This episode has been sponsored by Loftus Peak - https://www.loftuspeak.com.au/

Support from partners like Loftus Peak help us keep all our content free.

If you want to learn more about Loftus Peak’s Global Disruption active ETF (ASX: LPGD) head here: https://www.loftuspeak.com.au/loftus-peak-global-disruption-active-etf/

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The economics of the AI companies is being tested with Alex Pollak | Loftus Peak

Equity Mates Investing Podcast

The economics of the AI companies is being tested with Alex Pollak | Loftus Peak