∞ALPHA

The current AI boom is moving past the "echo" stage and into territory that mirrors the final weeks of the 2000 tech bubble. While the players are more profitable today, the technical data suggests we are reaching a fever pitch. The Critical Numbers Velocity of Gains: In March 2000, the top 10 Nasdaq stocks averaged a 622% one-year gain. As of May 2026, that average has climbed to 784%. Concentration Risk: AI-related stocks now hold a larger weighting in the S&P 500 than the

AI demand is exploding, and it’s causing component shortages across the tech industry. Hyperscalers (Microsoft, Alphabet, Meta) are spending hundreds of billions on AI infrastructure, pushing supply chains to the limit. Memory shortages are raising costs for Apple, HP, Dell, and others. CPUs are surging back because AI inference and AI agents rely heavily on them. AMD, Intel, and Arm all raised long‑term CPU market forecasts to $100B–$120B+ by 2030. Competition is intense: AM