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SIGN UP HERE img]:fun-h-[1em]\" data-type=\"emoji\">June 16, 2026, 2PM ET
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"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6904b163f0184c1c0536c1c4","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"text","__v":0,"createdAt":"2026-05-22T08:51:34.028Z","updatedAt":"2026-05-22T08:51:34.028Z"},{"_id":"6a10191508c84fa03f227468","type":"component","isTemplate":false,"name":"media","content":{"box":{"left":"none","bottom":"none","right":"none","top":"medium"},"icon":"play_circle_filled","srcType":"image","size":"custom","src":"https://perspective.imgix.net/6a101656e99ff5f87551ce95.jpeg?auto=compress,format&crop=faces,entropy&dpr=2&fit=crop&w=375","framed":false,"mediaIds":["6a101656e99ff5f87551ce95"]},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6904b164f0184c1c0536c1e4","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"media","__v":0,"createdAt":"2026-05-22T08:51:34.109Z","updatedAt":"2026-05-22T08:51:34.109Z"},{"_id":"6a10191508c84fa03f227457","type":"component","isTemplate":false,"name":"divider","content":{"box":{"bottom":"small","top":"small","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"dashed":false,"hidden":false,"spacings":"small","solid":true,"lineStyle":"solid"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"69a019f6c9338c12962be586","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"divider","__v":0,"createdAt":"2026-05-22T08:51:34.072Z","updatedAt":"2026-05-22T08:51:34.072Z"},{"_id":"6a10191508c84fa03f227467","type":"component","isTemplate":false,"name":"questionForm","content":{"kind":[],"box":{"bottom":"medium","top":"medium","right":"large","left":"large"},"align":"center","plainText":":arrow_down: SIGN UP HERE :arrow_down:","fieldName":"question_xoz87c","wysiwygHtml":"img]:fun-h-[1em]\" data-type=\"emoji\"> SIGN UP HERE img]:fun-h-[1em]\" data-type=\"emoji\">
RESERVE MY FREE SPOT →
"},"parentId":"6a10191508c84fa03f22746e","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6914a34dfda5cf226c89fc17","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"button","__v":0,"createdAt":"2026-05-22T08:51:34.091Z","updatedAt":"2026-05-22T08:51:34.091Z"}],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"form","__v":0,"createdAt":"2026-05-22T08:51:34.116Z","updatedAt":"2026-05-22T08:51:34.116Z"}],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"questionForm","__v":0,"createdAt":"2026-05-22T08:51:34.100Z","updatedAt":"2026-05-22T08:51:34.100Z"},{"_id":"6a10191508c84fa03f22743b","type":"component","isTemplate":false,"name":"text","content":{"kind":[],"box":{"bottom":"small","top":"small","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"align":"center","size":"medium","text":"Das ist ein Text Block für deine Nachricht.","plainText":"By providing your phone number, you agree to receive recurring automated marketing text messages from Tuttle Capital Management. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. Reply HELP for help. Reply STOP to cancel.","wysiwygHtml":"By providing your phone number, you agree to receive recurring automated marketing text messages from Tuttle Capital Management. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. Reply HELP for help. Reply STOP to cancel.
"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6904b163f0184c1c0536c1c4","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"text","__v":0,"createdAt":"2026-05-22T08:51:34.028Z","updatedAt":"2026-07-07T14:26:25.561Z"},{"_id":"6a10191508c84fa03f227458","type":"component","isTemplate":false,"name":"divider","content":{"box":{"bottom":"small","top":"small","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"dashed":false,"hidden":false,"spacings":"small","solid":true,"lineStyle":"solid"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"69a019f6c9338c12962be586","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"divider","__v":0,"createdAt":"2026-05-22T08:51:34.072Z","updatedAt":"2026-05-22T08:51:34.072Z"},{"_id":"6a10191508c84fa03f22743c","type":"component","isTemplate":false,"name":"text","content":{"kind":[],"box":{"bottom":"xLarge","top":"xLarge","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"align":"left","size":"medium","text":"Das ist ein Text Block für deine Nachricht.","plainText":"The Trade That Made a Generation If you owned NVIDIA going into 2023, you already know what finding a bottleneck early can do. The stock gained over 800% in less than two years. Not because AI got invented — but because one man, Jensen Huang, had spent twenty years building the only chip that could run it. That window is closed. But Bottlenecks Don't Disappear. They Migrate. When the GPU constraint formed, memory was next. Constraint #1: Memory High-Bandwidth Memory, the specialised chip that keeps a 100,000-GPU cluster fed with data, became the new chokepoint. DRAM, the same memory chip inside every laptop and smartphone, is being pushed far beyond what it was ever designed to do. Exports have surged 265% year-on-year. Multi-year producer backlogs are forming. The investors who got in early rode SK Hynix and Micron through some of the best gains in the cycle. And the trade is still running. $610 Billion. One Problem. Now it's 2026. Amazon, Microsoft, Alphabet, and Meta are projected to spend over $610 billion this year alone on AI infrastructure. It’s the largest industrial capital expenditure cycle in recent history. And that spending is hitting a physical supply chain that cannot scale at software speed. The bottleneck hasn't moved to one new place. It's moved to three. Constraint #2: The Wiring Is Wrong At the terabit speeds modern AI clusters demand, copper — the same metal wiring we've used for a century — generates so much heat it becomes the single largest power consumer in the entire facility. Before the AI does any actual work. Optical transceiver suppliers are already telling hyperscalers they're sold out through 2028. That's not a delay. That's a two-year backlog on a product every major AI data centre in the world now needs. Constraint #3: The Grid Can't Keep Up And beyond that? The terrestrial grid itself. AI data centres require 50–200 megawatts per facility. US grid interconnection queues now run five to ten years. There is no meaningful new power available at scale before 2030. The world's largest capital allocators are already responding. Jeff Bezos’ Blue Origin has filed plans for 51,600 satellites, and Google is testing space-based solar compute. This isn't speculation. There are FCC filings and real capital commitments behind it. Many Investors Haven't Noticed Yet The memory supercycle is running. The migration from electrons to light is underway. The lift-off from ground to orbit is only just beginning. Which is why I'm hosting this live webinar on June 16 . . .","wysiwygHtml":"If you owned NVIDIA going into 2023, you already know what finding a bottleneck early can do.
The stock gained over 800% in less than two years. Not because AI got invented — but because one man, Jensen Huang, had spent twenty years building the only chip that could run it.
That window is closed.
When the GPU constraint formed, memory was next.
Constraint #1: Memory
High-Bandwidth Memory, the specialised chip that keeps a 100,000-GPU cluster fed with data, became the new chokepoint. DRAM, the same memory chip inside every laptop and smartphone, is being pushed far beyond what it was ever designed to do. Exports have surged 265% year-on-year. Multi-year producer backlogs are forming.
The investors who got in early rode SK Hynix and Micron through some of the best gains in the cycle. And the trade is still running.
Now it's 2026. Amazon, Microsoft, Alphabet, and Meta are projected to spend over $610 billion this year alone on AI infrastructure. It’s the largest industrial capital expenditure cycle in recent history. And that spending is hitting a physical supply chain that cannot scale at software speed.
The bottleneck hasn't moved to one new place.
It's moved to three.
At the terabit speeds modern AI clusters demand, copper — the same metal wiring we've used for a century — generates so much heat it becomes the single largest power consumer in the entire facility. Before the AI does any actual work. Optical transceiver suppliers are already telling hyperscalers they're sold out through 2028.
That's not a delay. That's a two-year backlog on a product every major AI data centre in the world now needs.
And beyond that? The terrestrial grid itself. AI data centres require 50–200 megawatts per facility. US grid interconnection queues now run five to ten years. There is no meaningful new power available at scale before 2030.
The world's largest capital allocators are already responding. Jeff Bezos’ Blue Origin has filed plans for 51,600 satellites, and Google is testing space-based solar compute. This isn't speculation. There are FCC filings and real capital commitments behind it.
The memory supercycle is running. The migration from electrons to light is underway. The lift-off from ground to orbit is only just beginning.
Which is why I'm hosting this live webinar on June 16 . . .
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As of May 2026 we run $4.5 billion across 66 active ETFs — and we've been doing this since 2012.
My job isn't to follow consensus. It's to find the trades consensus is too slow to see. Sometimes that makes us early. Sometimes it makes us look wrong for a while. Either way, we back our conviction.
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Secure Your Spot For The Live Webinar (Free)
"},"parentId":"6a10191508c84fa03f22746f","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6914a34dfda5cf226c89fc17","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"button","__v":0,"createdAt":"2026-05-22T08:51:34.091Z","updatedAt":"2026-05-22T08:51:34.091Z"}],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"form","__v":0,"createdAt":"2026-05-22T08:51:34.116Z","updatedAt":"2026-05-22T08:51:34.116Z"}],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"questionForm","__v":0,"createdAt":"2026-05-22T08:51:34.100Z","updatedAt":"2026-05-22T08:51:34.100Z"},{"_id":"6a10191508c84fa03f227456","type":"component","isTemplate":false,"name":"divider","content":{"box":{"bottom":"small","top":"small","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"dashed":false,"hidden":false,"spacings":"small","solid":true,"lineStyle":"solid"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"69a019f6c9338c12962be586","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"divider","__v":0,"createdAt":"2026-05-22T08:51:34.072Z","updatedAt":"2026-05-22T08:51:34.072Z"},{"_id":"6a10191508c84fa03f227437","type":"component","isTemplate":false,"name":"text","content":{"kind":[],"box":{"bottom":"xLarge","top":"xLarge","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"align":"left","size":"medium","text":"Das ist ein Text Block für deine Nachricht.","plainText":"In this free 35-minute webinar, I'll explain:","wysiwygHtml":"The Bottleneck Migration Framework. In every major technology cycle, the constraint shifts and the biggest returns go to whoever finds it first. I'll show you exactly how I track it, and where I believe the window is open right now.
Why copper has physically hit a wall. This isn't a gradual upgrade. It's a hard architectural break forced by the laws of physics. I'll explain it in plain terms, and why the transition to optical isn't a matter of “if.”
The five-layer photonics supply chain and where the chokepoints are. The bottleneck isn't one company. It's an entire stack: raw materials, chip fabrication, laser production, transceiver assembly, and co-packaged optics. Most of it is still well under Wall Street's radar.
Why Space is the constraint after next and why the enabling layer is already in play. Most investors hear "space compute" and think science fiction. I'll show you why it isn't. And why the companies supplying the photonics stack for terrestrial AI are the same ones positioned for orbital infrastructure.
Where each constraint sits in its cycle right now. Memory, Photonics, Space. Each at a different stage, each with a different window. I'll give you my honest read on timing and what the data signals are saying.
"},"parentId":"6a10191508c84fa03f227452","categoryId":"61af39fa0ff35780165e4faa","sectionId":"6904b163f0184c1c0536c1c4","campaignId":"6a10191508c84fa03f22741e","components":[],"allowedChildSections":[],"pageId":"6a10191508c84fa03f227426","companyId":"67e1562aaa2d88003baedfde","componentType":"text","__v":0,"createdAt":"2026-05-22T08:51:34.029Z","updatedAt":"2026-05-22T08:51:34.029Z"},{"_id":"6a10191508c84fa03f227444","type":"component","isTemplate":false,"name":"text","content":{"kind":[],"box":{"bottom":"small","top":"small","right":"xLarge","left":"xLarge"},"responsive":{"active":false,"hasContainer":true,"options":{"size":[],"offset":[]},"mapping":[]},"align":"center","size":"medium","text":"Das ist ein Text Block für deine Nachricht.","plainText":"PLUS: Get a free copy of Matt Tuttle's brand new briefing: Solving the \"Interconnect\" Bottleneck: This Could Be the Next Asymmetric Tech Investing Theme — delivered to your inbox in the next 5 minutes, when you register.","wysiwygHtml":"PLUS: Get a free copy of Matt Tuttle's brand new briefing: Solving the "Interconnect" Bottleneck: This Could Be the Next Asymmetric Tech Investing Theme — delivered to your inbox in the next 5 minutes, when you register.
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