Tom Lee said AI downstream assets are strengthening as stocks tied to AI bottlenecks undergo a correction. He named SMH, DRAM, MAGS and IGV among the relevant assets, and also pointed to ETHA and Ethereum’s ETH as part of the AI downstream theme. Lee added that over the past month, Ethereum has outperformed DRAM by about 5,500 basis points, or 55%.
The remarks frame Ethereum alongside a broader set of assets that Lee sees benefiting as leadership shifts within the AI trade. No additional timeframe beyond the past month, or further performance figures for the other named assets, were provided in the source.
According to ChainCatcher, Tom Lee said AI downstream assets are gaining strength as stocks linked to AI “bottlenecks” pull back.
He identified SMH, DRAM, MAGS and IGV as related names, and also included ETHA and Ethereum’s ETH as part of the AI downstream theme. Lee said Ethereum has outperformed DRAM by about 5,500 basis points, or 55%, over the past month.
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