Allbirds is not big enough to define the artificial intelligence market.
That’s exactly why investors need to pay attention
The sneaker maker’s transition into Smartbird (BIRD) is more than just another strange corporate rebranding. It could be a good sign for where the AI trade has gone following years of investor attention to Nvidia, cloud titans and data center winners. Wall Street is getting the first phase of the AI boom.
The chips are sold by Nvidia (NVDA). The cloud infrastructure is provided by Amazon (AMZN), Microsoft (MSFT) and Alphabet (GOOGL). Big companies chase capacity.