AI Stock Categories

We organize AI-exposed public companies into four primary categories based on their position in the AI value chain. Each category responds differently to market signals.

How Categories Respond to Signals

Demand Accelerating

  • +Infrastructure: More compute needed
  • +Models/Platforms: More deployments
  • ~Data/Analytics: Indirect benefit
  • ~Applications: Depends on adoption

Value Downstack

  • +Infrastructure: Direct beneficiary
  • ~Models/Platforms: Mixed impact
  • -Data/Analytics: Value pressure
  • -Applications: Commoditization risk

Browse Categories

Current Market Context

Category alignment scores are influenced by the current signal environment:

Demand: accelerating
Capital: concentrating
Adoption: experimental
Value: upstack
Narrative: narrative heavy
Learn more about signals →