The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.

Published 23 Sep 2026, 10:59 UTC. Updated 23 Sep 2026, 11:14 UTC.

BNY Mellon Global Infrastructure Income exchange-traded fund manager Brock Campbell said some investors mistakenly believe the artificial-intelligence play has peaked. He flags what’s been overlooked.

Directly affected

CPB Campbell'S
Named in this report.

Indirectly affected

AIIA AI Infrastructure Acquisition Corp
GA selected AIIA as a RELATED security because its canonical security name directly matches this event's themes: infrastructure, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
SUPX SUPERX AI TECHNOLOGY LTD
GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
ABAT AMERICAN BATTERY TECHNOLOGY
GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
ACM AECOM TECHNOLOGY CORP
GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
AOSL ALPHA & OMEGA SEMICONDUCTOR LT SHS
GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
AQN Algonquin Power & Utilities Corp
GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
CPB	—	—	—	—	—	—	—
AIIA	—	—	—	—	—	—	—
SUPX	—	—	—	—	—	—	—
ABAT	—	—	—	—	—	—	—
ACM	—	—	—	—	—	—	—
AOSL	—	—	—	—	—	—	—
AQN	—	—	—	—	—	—	—

BNY Mellon Global Infrastructure Income exchange-traded fund manager Brock Campbell said some investors mistakenly believe the artificial-intelligence play has peaked. He flags what’s been overlooked.

Source: MarketWatch

Price since this story was published: AI Infrastructure Acquisition (AIIA)

Since the first closing price after “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” AI Infrastructure Acquisition (AIIA) is +0.10%. The S&P 500 fund (SPY) is -0.09% over the same days, a +0.19% difference versus the market.

AIIA

SPY

Filings that name AI Infrastructure Acquisition (AIIA) around 23 Sep 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How busy Taiwan Strait has been lately

Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing..” The recent pace is rising.

Taiwan Strait stories

Who gains and who loses around AI Infrastructure Acquisition (AIIA)

Companies mentioned with this story

AIIA AI Infrastructure Acquisition
For “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” AI Infrastructure Acquisition (AIIA) is linked, with no stored direction, medium confidence. Reason on file: GA selected AIIA as a RELATED security because its canonical security name directly matches this event's themes: infrastructure, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
SUPX SuperX AI Technology
For “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” SuperX AI Technology (SUPX) is linked, with no stored direction, medium confidence. Reason on file: GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ABAT American Battery Technology
American Battery Technology (ABAT) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing..” Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ACM Aecom
In “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” Aecom (ACM) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
AOSL Alpha & Omega Semiconductor
In “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
AQN Algonquin Power & Utilities
Algonquin Power & Utilities (AQN) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing..” Reason on file: GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How a Taiwan Strait shock reaches AI Infrastructure Acquisition (AIIA)

AI Infrastructure Acquisition (AIIA) is the company in “The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.,” the 23 Sep 2026 Taiwan Strait story.

For AI Infrastructure Acquisition (AIIA), the reason on file says GA selected AIIA as a RELATED security because its canonical security name directly matches this event's themes: infrastructure, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

SuperX AI Technology (SUPX) is here too. Its reason reads: GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for AI Infrastructure Acquisition (AIIA)

ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. AIIA traded between 10.23 and 10.31 across 13 sessions. The latest close on file is 10.27. SUPX traded between 6.15 and 7.09 across 10 sessions. The latest close on file is 6.72.

How strong the case is around AI Infrastructure Acquisition (AIIA)

46 out of 100

“The AI infrastructure trade is still not over, says this top-performing fund manager. Where he’s investing.” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.