Invest Like the Best with Patrick O'Shaughnessy · Tuesday, August 4, 2026
Gavin Baker observes that despite market volatility and a 50-60% drop in some AI names from their highs, fundamental metrics for AI are actually accelerating. He notes that GPU availability, rental pricing, and D-RAM spot prices, along with token growth, have all shown positive trends.
“Loads of AI names are down 50, 60% from their highs.”
“And to your point, not just blind optimism from people excited about AI, but like here's some data that they can show you and from their different vantage points.”
“Everything is actually accelerated.”