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The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor

MarketWatch· Barbara Kollmeyer· Jun 16, 2026 · 12:00 PM
The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor

One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker

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