A Market in Turmoil, A Future in Motion
In February 2025, global technology markets were rocked by one of the sharpest momentum-driven selloffs in recent memory. A convergence of tariff shocks, geopolitical tensions, and algorithmic unwinds led to indiscriminate liquidations, particularly in the technology sector. On the surface, it looked like chaos. But underneath, something else is happening.
This is not the end of the technology boom. In fact, it may be the beginning of a new chapter. The selloff coincides with foundational shifts in global innovation, particularly in artificial intelligence, robotics, and decentralised energy. These transformations are accelerating. The current correction represents a rare entry point for long-term investors positioned for what’s next.
The Innovation Supercycle: A Technological Cambrian Explosion
The world is in the early innings of a multi-decade innovation supercycle. From neural networks to humanoid robots, programmable biology to autonomous logistics, the building blocks of tomorrow’s economy are rapidly taking shape. These aren’t siloed trends, they’re converging.
AI is now the central nervous system of innovation. It enhances everything it touches: medicine, mobility, finance, and manufacturing. And unlike prior booms, this wave is rooted in deflationary cost curves and exponential adoption. Innovation is no longer aspirational, it is the most practical path forward.
The Three Pillars of Strategic Investment
To navigate this new era, we propose a framework built on three interlinked domains of global power:
- Technology – Advanced computing, AI applications, automation, and scalable software.
- Energy – Decentralised, resilient systems: nuclear, battery storage, and microgrids powering the AI age.
- Money – Digital finance, programmable assets, and sovereign investment strategies.
These three pillars don’t just drive growth they define control. A nation or company’s power will increasingly be determined by its positioning across these domains. Investment should follow the same logic.
AI’s Evolution: From Infrastructure to Intelligence
We are moving from Phase 1 of the AI cycle, characterised by the infrastructure buildout (GPUs, data centres, and model training), into Phase 2: application.
The new leaders are those deploying AI at scale across real-world domains. Companies like Confluent (data streaming), Kinaxis (real-time supply chains), and Tesla (robotics and autonomy) are emerging as critical layers in the productivity stack.
The value is shifting away from the plumbing and toward the user experience. As AI becomes cheaper and more accessible, it will drive a Cambrian explosion of intelligent applications.
February’s Selloff: Forced Unwind or Foundational Opportunity?
The recent correction, triggered by tariff escalations and a momentum unwind, caught even seasoned investors by surprise. High-beta sectors like semiconductors, cloud platforms, and digital infrastructure faced sharp drawdowns.
But beneath the surface, nothing fundamental has changed. AI adoption is rising. Cloud budgets are expanding. Robotics is scaling. The selloff was mechanical, not existential.
Sentiment indicators have hit extreme lows. Systematic exposure has been flushed out. These are historically bullish signals, especially when underlying demand remains strong.
The Policy Tailwind: Industrial Strategy Meets Innovation
Tariffs are not just a punitive tool, they’re an industrial policy. The current U.S. administration’s reshoring agenda is a direct attempt to force capital onshore and revive domestic productivity.
This policy shift aligns perfectly with technological trends. AI, automation, and supply chain intelligence are the key enablers of competitive onshoring. Platforms like Kinaxis and Tesla stand to benefit as both enablers and beneficiaries of this shift.
The New Arms Race: Intelligence, Not Iron
Just as the Cold War spurred the space race, today’s geopolitical competition is fuelling a digital arms race. China’s release of DeepSeek is a clear signal: supremacy in AI and robotics is the new high ground.
This race is generative. It forces breakthroughs. And it creates enormous opportunities for companies and investors who understand the stakes. Whether in synthetic biology, AI agents, or advanced manufacturing, innovation is now a geopolitical necessity.
Strategic Positioning: Buying the Future on Sale
For those with a long-term lens, the recent selloff is not a warning, it’s an invitation. Many next-decade compounders are trading 35–55% below their recent highs. These are not speculative flyers but businesses building the infrastructure of the next economy.
Rather than chasing yesterday’s winners, the opportunity lies in identifying Phase 2 leaders, those converting AI and energy into tangible productivity.
The TAMIM Takeaway
Panic is not a strategy. Innovation is.
The market is experiencing a short-term volatility event driven by geopolitics and quant flows. But the long-term trend is unchanged: the world is rewiring itself around intelligence, autonomy, and decentralised energy.
Periods like February 2025 are potentially how new wealth is created. When noise drives price but fundamentals remain intact, the result is a window of opportunity.
We believe that the companies shaping tomorrow’s systems of intelligence, energy, and capital are trading at attractive valuations. The rotation underway is painful in the moment, but it is shifting capital to where it is most needed: application-layer technology, resilient infrastructure, and geopolitical independence.
The foundation is in place. The time to build is now.