Latest / The Prompted Portfolio – Inside a Human–AI Investment Process
The Bottleneck moves - Where AI earning power is emerging
In this deep-dive research episode, we explore a fundamental shift in the AI investment cycle: moving from asking whether infrastructure will be built to identifying where AI demand turns into durable earning power. We examine how the market narrative is evolving across three core connecting threads: Bottleneck Migration, Architectural Control, and Expectation Gaps.
What We Cover:
Memory as a First-Class Bottleneck: Analyzing Micron's HBM supply dynamics, agentic AI workloads, and whether normalized earning power justifies valuation beyond traditional peak-earnings trap concerns.
Microsoft as…
The skinny
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