AI Investing Glossary
The terms behind the AI buildout, explained in plain English: what each one means, why it matters to an investor, and the tracked stocks it touches. New to the whole framework? Start with the Start Here guide.
Neocloud
What is a neocloud?
Hyperscaler
What is a hyperscaler?
Hyperscaler capex
What is hyperscaler capex and why does it matter?
Capex cycle
What is a capex cycle in investing?
HBM (high-bandwidth memory)
What is HBM and why does it matter for AI?
GPU
What is a GPU and why do AI companies need them?
AI accelerator
What is an AI accelerator?
Foundry
What is a semiconductor foundry?
PPA (power purchase agreement)
What is a PPA in the AI buildout?
SMR (small modular reactor)
What is an SMR and why do AI companies care?
Gigawatt
Why are data centers measured in gigawatts?
Data center REIT
What is a data center REIT?
Colocation
What is colocation in the data center industry?
Liquid cooling
What is liquid cooling and why does AI need it?
EMS (electronics manufacturing services)
What does EMS mean in the AI supply chain?
Foundation model
What is a foundation model?
Training vs. inference
What is the difference between AI training and inference?
AI pure play
What is an AI pure play stock?
AI-washing
What is AI-washing?
AI Exposure Score
What is an AI Exposure Score?