MacroVoices · Thursday, July 9, 2026
Adam Parker identifies Artificial Intelligence (AI) and broader compute growth as the primary drivers for the semiconductor market. He believes compute will be an above-GDP growth business for several years, with approximately 265 of the top 3000 US equities having meaningful AI revenue exposure.
“Look, I think this is going to be above compute is going to be an above GDP growth business for the next several years.”
“And I think the way to think about it is, what is the bench weight AI revenue exposure and, you know, what kinds of AI revenue are there and where in the AI revenue chain do I want to be overweight or underweight?”
“These are all companies that have meaningful AI revenue is currently about 265 of the top 3000 US equities by market cap have meaningful AI revenue, which we define as 5% or more of their revenue or a new product announcement indicating that's imminent.”