AI インフラ構築トレード
テーマ指数On-chain perpetuals for the infrastructure of the AI era — from frontier models down to the power that runs them. The AI stack on Trade[XYZ], indexed live by Hyperhub.
投資仮説
The AI buildout is a physical-infrastructure problem first and a software problem second. Every leg of it — frontier models, wafer-scale silicon, the clouds that rent it, high-bandwidth memory, optical interconnect, the electricity that powers them, and the robots that act on the world — is now actively constrained.
HIP-3 is the first venue where these constraints can be priced continuously, by anyone, without market-hour gates. Trade[XYZ] lists the full stack — from pre-IPO model labs to fab equipment to datacenter power. Hyperhub organizes it, layer by layer, so the thesis is legible from a single page.
This page is opinionated. The asset list reflects a thesis, not coverage of every HIP-3 stock perp. Names that don't map cleanly onto the buildout live on the broader markets directory.
スタックマップ
The whole stack on one screen. Each bar is a layer's share of theme 24h volume — the shape shows where the liquidity actually sits. Select a layer to jump to its markets below.
スタック一覧
SPCX
XYZFull-stackSpaceX — now holds xAI, Grok and Cursor after the 2026 mergers: a frontier model, its own Colossus supercluster, space-based data centers, and Starlink. The most vertically integrated AI name on-chain.
価格162.985024h-1.04%24h Vol$101.1MOI$123.8M資金調達率+0.0006%開く表示ZHIPU
XYZZhipu — full-stack Chinese LLM and agent company behind the GLM model family.
価格80.49924h+1.92%24h Vol$4.2MOI$22.0M資金調達率-0.0004%開く表示MINIMAX
XYZMiniMax — Chinese frontier multimodal model lab.
価格26.780524h+5.98%24h Vol$4.1MOI$3.2M資金調達率-0.0007%開く表示
CBRS
XYZCerebras Systems — wafer-scale AI silicon, the first IPOP on HIP-3.
価格164.890024h-2.03%24h Vol$7.5MOI$101.8M資金調達率+0.0047%開く表示NVDA
XYZNVIDIA — the central GPU, the clearest public-market gauge of AI capex.
価格230.04524h-0.57%24h Vol$78.1MOI$109.4M資金調達率+0.0012%開く表示AMD
XYZAMD — the credible alternative compute path, MI-series accelerators competing for AI share.
価格609.90024h-1.74%24h Vol$16.0MOI$19.0M資金調達率+0.0039%開く表示AVGO
XYZBroadcom — custom hyperscaler AI ASICs plus the networking silicon that stitches clusters together.
価格363.16024h+0.47%24h Vol$1.6MOI$12.8M資金調達率+0.0040%開く表示TSM
XYZTSMC — the foundry every AI chip eventually passes through. Upstream tax on the entire stack.
価格453.55524h-1.11%24h Vol$1.4MOI$7.7M資金調達率+0.0006%開く表示ARM
XYZArm — the instruction-set IP under nearly every AI edge and datacenter CPU.
価格266.96024h-2.68%24h Vol$1.9MOI$5.7M資金調達率+0.0027%開く表示QCOM
XYZQualcomm — wireless connectivity and on-device / edge AI platforms.
価格175.910024h-0.49%24h Vol$1.6MOI$5.0M資金調達率+0.0066%開く表示
ASML
XYZASML — EUV lithography monopoly, the upstream tax on every advanced node.
価格1,783.90024h+0.50%24h Vol$398.5KOI$2.2M資金調達率+0.0008%開く表示AMAT
XYZApplied Materials — materials-engineering equipment enabling advanced semiconductors.
価格507.92524h+0.21%24h Vol$473.8KOI$1.6M資金調達率+0.0030%開く表示IBIDEN
予定Ibiden — advanced package substrates and ceramics; CoWoS-class packaging is a real AI-compute bottleneck.
価格—24h—24h Vol—OI—資金調達率—ステータス上場待ち
SKHX
XYZSK Hynix — the HBM leader; high-bandwidth memory is the bottleneck of every AI cluster.
価格1,226.75024h+0.93%24h Vol$92.2MOI$272.7M資金調達率+0.0096%開く表示MU
XYZMicron — pure-play memory leverage with direct HBM exposure into the training cycle.
価格1,031.024h-0.88%24h Vol$61.4MOI$113.6M資金調達率+0.0015%開く表示DRAM
XYZDRAM — direct basket exposure to the memory cycle behind AI servers, HBM demand, and datacenter capacity.
価格57.3575024h+0.21%24h Vol$43.9MOI$75.7M資金調達率+0.0027%開く表示SNDK
XYZSanDisk — NAND and storage for the AI data pipeline.
価格1,588.35024h-1.86%24h Vol$165.0MOI$122.7M資金調達率+0.0033%開く表示SMSN
XYZSamsung — memory and foundry conglomerate with deep HBM exposure.
価格192.18524h+0.53%24h Vol$13.1MOI$33.4M資金調達率+0.0040%開く表示KIOXIA
XYZKioxia — NAND flash and SSD technology powering AI, cloud, and data-driven devices.
価格110.23524h+1.60%24h Vol$3.6MOI$6.7M資金調達率+0.0015%開く表示
LITE
XYZLumentum — optical and photonic interconnects in every modern AI data center.
価格1,108.75024h+5.01%24h Vol$7.6MOI$6.5M資金調達率+0.0012%開く表示MRVL
XYZMarvell — custom hyperscaler silicon (AWS Trainium, Maia) and 800G/1.6T optical DSPs.
価格275.500024h+0.31%24h Vol$6.3MOI$10.7M資金調達率+0.0033%開く表示NOK
XYZNokia — AI-era network infrastructure for telecom, cloud, and mission-critical connectivity.
価格10.362024h+1.29%24h Vol$611.0KOI$1.5M資金調達率-0.0084%開く表示
BE
XYZBloom Energy — onsite fuel-cell power for AI data centers, the purest datacenter-power play.
価格279.690024h+1.92%24h Vol$1.4MOI$5.3M資金調達率+0.0011%開く表示XLE
XYZEnergy Select Sector SPDR — broad U.S. energy proxy. Power is the 2026 bottleneck; XLE is the wide lens.
価格65.185524h-0.02%24h Vol$266.7KOI$1.0M資金調達率+0.0024%開く表示URNM
XYZSprott Uranium Miners ETF — the nuclear fuel chain behind the datacenter power thesis.
価格46.422524h-0.10%24h Vol$138.3KOI$2.0M資金調達率+0.0064%開く表示
今後の注目
The thesis is falsifiable. Here are the layers Hyperhub is watching for the next wave of HIP-3 listings — names traders should expect to appear if the AI Buildout Trade keeps shipping.
- Pure-Play Utilities
BE covers onsite fuel cells and URNM the fuel chain, but the stack still lacks individual utilities directly leveraged to datacenter power contracts.
Constellation EnergyVistraGE VernovaVertivEaton - Fab Equipment
ASML and AMAT are live; the rest of the lithography and metrology chain — the upstream tax on the whole stack — is not yet listed.
Lam ResearchKLATokyo Electron - Frontier Model Labs
xAI is now captured via SPCX and the Chinese frontier via ZHIPU / MINIMAX, but the two U.S. leaders still lack their own pre-IPO perp.
OpenAIAnthropic