Analog Century Fund Gains 61% on $1 Billion AI Infrastructure Bets
Updated
Updated · Bloomberg · Jul 6
Analog Century Fund Gains 61% on $1 Billion AI Infrastructure Bets
1 articles · Updated · Bloomberg · Jul 6
Summary
Val Zlatev’s $1 billion Analog Century Long/Short fund rose 9.4% in June, lifting its 2026 gain to 61% in its strongest run since launching in 2018.
AI infrastructure trades drove the surge, with Zlatev profiting from the “picks and shovels” needed to power the artificial-intelligence buildout rather than betting on end-user winners.
The performance stands out as Wall Street still debates whether the billions being poured into AI will ultimately generate adequate returns.