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AIQuiet 13d · day 13

JPMorgan strategist calls AI market in 'digestion phase' amid volatility

Sitara Sundar says the sector will shift focus from infrastructure to integration and application layers.

newest coverage 12d agosummary written 12d ago4 pieces NewswiresMastodonYouTube

What to know

  • JPMorgan's Sundar characterizes current AI market as a 'digestion period' with expected near-term volatility but maintained long-term constructiveness.
  • The market is pricing two simultaneous trades: infrastructure buildout (mid-innings) and future non-tech sector AI integration (early innings).
  • Investment is expected to shift from frontier model competition toward security, data protection, and systems layers around AI models.

Sitara Sundar Head of alternative investment strategy, JPMorgan Private Bank

JPMorgan strategist calls AI market in 'digestion phase' amid volatility
Yahoo Finance

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesvideosposts

Peak 3 pieces in 3h at Sep 15, 4 AM; 4 pieces over 13 days (2 articles · 1 video · 1 post) Sep 15, 4 AM — 3 pieces · 2 articles · 1 post — Newswires 2, Mastodon 1Sep 15, 7 AM — 1 piece · 1 video — YouTube 1Sep 15, 10 AM — quietSep 15, 1 PM — quietSep 15, 4 PM — quietSep 15, 7 PM — quietSep 15, 10 PM — quietSep 16, 1 AM — quietSep 16, 4 AM — quietSep 16, 7 AM — quietSep 16, 10 AM — quietSep 16, 1 PM — quietSep 16, 4 PM — quietSep 16, 7 PM — quietSep 16, 10 PM — quietSep 17, 1 AM — quietSep 17, 4 AM — quietSep 17, 7 AM — quietSep 17, 10 AM — quietSep 17, 1 PM — quietSep 17, 4 PM — quietSep 17, 7 PM — quietSep 17, 10 PM — quietSep 18, 1 AM — quietSep 18, 4 AM — quietSep 18, 7 AM — quietSep 18, 10 AM — quietSep 18, 1 PM — quietSep 18, 4 PM — quietSep 18, 7 PM — quietSep 18, 10 PM — quietSep 19, 1 AM — quietSep 19, 4 AM — quietSep 19, 7 AM — quietSep 19, 10 AM — quietSep 19, 1 PM — quietSep 19, 4 PM — quietSep 19, 7 PM — quietSep 19, 10 PM — quietSep 20, 1 AM — quietSep 20, 4 AM — quietSep 20, 7 AM — quietSep 20, 10 AM — quietSep 20, 1 PM — quietSep 20, 4 PM — quietSep 20, 7 PM — quietSep 20, 10 PM — quietSep 21, 1 AM — quietSep 21, 4 AM — quietSep 21, 7 AM — quietSep 21, 10 AM — quietSep 21, 1 PM — quietSep 21, 4 PM — quietSep 21, 7 PM — quietSep 21, 10 PM — quietSep 22, 1 AM — quietSep 22, 4 AM — quietSep 22, 7 AM — quietSep 22, 10 AM — quietSep 22, 1 PM — quietSep 22, 4 PM — quietSep 22, 7 PM — quietSep 22, 10 PM — quietSep 23, 1 AM — quietSep 23, 4 AM — quietSep 23, 7 AM — quietSep 23, 10 AM — quietSep 23, 1 PM — quietSep 23, 4 PM — quietSep 23, 7 PM — quietSep 23, 10 PM — quietSep 24, 1 AM — quietSep 24, 4 AM — quietSep 24, 7 AM — quietSep 24, 10 AM — quietSep 24, 1 PM — quietSep 24, 4 PM — quietSep 24, 7 PM — quietSep 24, 10 PM — quietSep 25, 1 AM — quietSep 25, 4 AM — quietSep 25, 7 AM — quietSep 25, 10 AM — quietSep 25, 1 PM — quietSep 25, 4 PM — quietSep 25, 7 PM — quietSep 25, 10 PM — quietSep 26, 1 AM — quietSep 26, 4 AM — quietSep 26, 7 AM — quietSep 26, 10 AM — quietSep 26, 1 PM — quietSep 26, 4 PM — quietSep 26, 7 PM — quietSep 26, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quiet 1–2
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  1. 2

    Sundar predicts capital spending will shift toward security and data protection layers

    Sundar argued that future investment moat will likely reside in security, cybersecurity, data protection, and systems built around AI models rather than individual frontier models, drawing parallels to prior tech cycles like cloud and mobile.

    “It's not just the individual model that's probably going to end up winning out. It's a system that is going to be built around that. So the security, like cyber security and trying to ensure that like data security and proprietary data sets are built around these models. That's probably where the moat is going to be in the future.”
    — Sitara Sundar
  2. background

    Sundar identifies AI market pricing two distinct trades simultaneously — Sundar outlined that the market is attempting to price infrastructure buildout (data centers, power, chips) alongside the future impact of AI integration into non-tech companies and sectors, with the latter still in early innings.

  3. 1

    JPMorgan strategist calls AI trade in digestion phase on Bloomberg Television

    Sitara Sundar, head of alternative investment strategy at JPMorgan Private Bank, discussed the AI market outlook on Bloomberg Television, describing the current environment as a "digestion period" with near-term volatility expected but long-term optimism maintained.

    “We're in a digestion period right now on the AI front. We're going to expect to see at least over the near term volatility. But the biggest thing for us is over the long run, we're still constructive on it.”
    — Sitara Sundar
    1. 1 outlet AI Trade Is in 'Digestion' Phase, JPMorgan's Sundar Says (Video)

      first by Bloomberg Tech, 12d ago