White Brook Capital, LLC on NVIDIA Corporation
Thesis
White Brook holds NVIDIA as a leading provider of computing capacity used in AI training and inference. Its view is that the buildout of AI infrastructure remains an economic growth engine and looks committed into 2027, with significant visibility into 2028. The firm prefers indispensable compute enablers to standalone frontier-model companies that face high development expense, weak switching costs and intense competition.
“we own Nvidia, Taiwan Semiconductor Manufacturing Company, and SK Hynix as leading compute enablers”
Key risks
- AI infrastructure spending beyond 2028 is not yet secure.
- Higher Treasury yields and financing costs could undermine AI infrastructure economics.
- The economics of future AI models and end-user adoption remain uncertain.