Mar. 20 at 9:20 PM
PickAlpha Midday:
SoftBank unveiled an Ohio AI infrastructure project so large Masayoshi Son said it could eventually channel
$500B into a single campus. The first phase alone would target roughly 800MW, cost
$30B-
$40B, and be completed by early 2028, with the broader vision scaling to 10GW — a reminder that the next AI bottleneck is no longer just chips, but power, land, and transmission.
Tickers:
$SFTBY $AEP
Our view is this is bullish for the real AI infrastructure buildout because it shows capital is moving from “buy more GPUs” to “build entire power-backed AI cities.” The winners from here are the players that can lock in electricity, grid access, and physical deployment at scale — not just talk about AI demand.
