ELITE Strategist: How to position for the NEXT AI trade

<p>Warren Pies is the founder of 3Fourteen Research, a leading institutional risk manager and research firm. He joins Phil Rosen on Full Signal to discuss his current portfolio positioning, sector calls, why he's bullish semiconductors and hyperscalers, GPU availability and AI demand, and more.</p><p><br /></p><p>This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/</p><p><br /></p><p>Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe</p><p>Follow Phil on X: https://x.com/philrosenn</p><p>Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/</p><p><br /></p><p>TIMESTAMPS:</p><p><br /></p><p>0:00 - Overweight equities</p><p>3:30 - Tech-heavy market and AI leadership</p><p>5:29 - Macro shocks</p><p>11:05 - Low correlations and pair trades</p><p>13:37 - Semis and broadening trade</p><p>17:35 - GPU availability and rental rates</p><p>21:22 - Compute indicators flashing bullish</p><p>25:08 - Frontier lab ARR</p><p>30:08 - Hyperscalers leadership</p><p>32:34 - AI CapEx and the Fed</p><p>36:38 - What ends the bull run?</p><p>40:32 - Favorite sectors</p><p>41:46 - 3Fourteen Research</p><p><br /></p><p>#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed</p>