ACR Alpine Capital Research LLC on Analog Devices
Thesis
Analog Devices is held as part of the Compute Infrastructure theme. The fund believes AI has transformed digital infrastructure demand into a much larger capital cycle centered on computation. Data-center capacity and AI workloads are expanding rapidly, increasing the infrastructure required across semiconductors, compute, power and cooling. The investment is therefore positioned to benefit from the continued physical buildout supporting next-generation computing.
“Taiwan Semiconductor, Applied Materials, Analog Devices, NVIDIA, Astera Labs and Seagate contributed meaningfully as part of our Compute Infrastructure theme.”