The AI infrastructure trade (aka the Power-Up America basket which we recommended one year ago before it soared into the stratosphere), had taken a back seat in recent weeks, with some marquee names such as a Vertiv, Contellation, Oklo and others, tumbling from record highs amid growing speculation that China's DeepSeek - and other cheap LLM alternatives - will lead to far lower capex demands than what is currently projected. But while the occasional hiccup is to be expected, the endgame for US infra/nuclear stocks looks (millions of degrees) bright.…
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