AI Bottleneck Trades Approaching End, SpaceX Investor Says Market Focus Shifts to Long-Term Value

According to BlockBeats, Gavin Baker, partner at Altreides Management and early SpaceX investor, said on June 17 that artificial intelligence supply chain bottleneck trades may be nearing an end, with market attention shifting toward companies that maintain long-term competitive advantages beyond the infrastructure cycle.

Baker noted that Japanese company Ajinomoto's refusal to raise prices on critical chip packaging insulation materials signals that some supply chain bottlenecks are losing pricing power. He pointed out that the market's next focus will likely turn from hunting for the "next bottleneck" to identifying which companies can sustain durable competitive moats after these constraints ease.