Synthos Research · AI & technology · all questions · the Conviction Board
Is the AI trade over?
The distilled expert view: the first chapter (chips) is fully priced — that basket is at its 98th percentile. The next chapters (power, applications) are not: infrastructure carries a Frontier Gap of +48. Trades rotate; the buildout continues.
Synthos Research · synthosresearch.com · as of July 6, 2026 · distilled from 53,000+ dated, attributed expert claims, weighted by verified track record · updated weeklyWant the full picture? The complete call — the dialectic, what would change our mind, and the live change-log — is on the prediction page. Track it and we'll email you the moment it moves.