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

The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor
MarketWatch Tuesday 16 June 2026, 12:00 UTC By Barbara Kollmeyer 1 min read
Key Points

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

One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker [Image text:] AI IMPACI IMMIT
SpaceX (ORG) Altreides Management (ORG) Gavin Baker (PERSON)
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