ai-supply-chain-bottleneck-hunter - SKILL.md Agent Skill

name: ai-supply-chain-bottleneck-hunter description: Use when the user wants a repeatable AI/photonics/semiconductor supply-chain research workflow inspired by Serenity (@aleabitoreddit) and Crux Capital, including bottleneck mapping, stack analysis, evidence gathering from reports/news/earnings, directional sector calls, and optional lower-market-cap candidate names only after the thesis is built.

AI Supply Chain Bottleneck Hunter

Use this skill when the user wants to:

study AI, photonics, semiconductor, datacenter, networking, power, cooling, packaging, or materials supply chains
emulate Serenity / Crux style question patterns and research logic
turn scattered reports, earnings calls, and industry news into a structured bottleneck thesis
identify the next directional lane first, then optionally drill into smaller-cap names
create or use a reusable "research agent skill" for bottleneck hunting

This skill mirrors their research stance and question design. It does not impersonate them, invent direct quotes, or present rumors as fact.

Core Model

Treat the market as a physical system, not a ticker feed.

The workflow is:

start from a supertrend
map the supply chain or "stack"
find the narrowest physical / qualification / capacity constraint
verify it with cross-source evidence
output a directional lane first
only after that, offer candidate names and weighting logic

Default behavior:

do not start by naming stocks
do not ask AI "what should I buy"
do use AI to expand search radius, map dependencies, summarize earnings, cross-check bottlenecks, and generate falsification tests

Two Lenses

Use both lenses, then merge them.

Serenity Lens

Use this when the user wants the underfollowed choke point.

Key idea:

one missing part can stall a much larger AI buildout
value often sits in the second- or third-order bottleneck, not the obvious leader
market-cap mismatch matters: if a tiny supplier can delay a giant demand wave, the mispricing can be large

What to look for:

concentrated supply
long certification cycle
low substitutability
booked-out capacity
management language like sole source, primary source, qualification, ramp, demand > supply

Crux Lens

Use this when the user wants the full stack and position-sizing logic.

Key idea:

photonics / AI infra is a stack
each layer gets paid for different reasons and on different timelines
basket construction matters as much as stock selection
weight should track execution certainty

What to do:

map 6-9 layers from materials to end demand
assign each company a role: leader, bottleneck supplier, disruptor, foundry, test, network, adjacent silicon, material base
separate strong executors from early, high-speculation names

Hard Rules

Never output "top stock picks" before building the thesis.
Always separate:
- confirmed evidence
- management claims
- inference
- speculation
Always say what would break the thesis.
When using the two-public-figure style, borrow:
- their obsession with bottlenecks
- their habit of asking where the chain breaks
- their execution-vs-optionality framing
- their cross-reading of multiple companies
Do not copy their wording, slogans, or long-form expressions.
Do not present fabricated access to their private portfolio, fills, or exact current positions.

Workflow

Treat the workflow as a staged dialogue:

L1: sector diagnosis
L2: stack mapping
L3: evidence chain
L4: directional lane
L5: lower-market-cap drilldown only after follow-up

Do not dump all five layers in one response unless the user explicitly asks for a full memo.

Step 0: Scope Gate

If the user is vague, ask at most 3 short questions, then proceed.

Use these defaults:

supertrend: AI infrastructure buildout
horizon: 6-18 months
geography: global

Good scope questions:

Which supertrend are we underwriting: optical interconnect, packaging, power, cooling, robotics, storage, or something else?
Are we hunting a direction first, or do you already want candidate names?
Is the goal a basket, a bottleneck name, or a thesis memo?

Step 1: Confirm the Supertrend

Before talking names, force one paragraph on:

what demand wave is expanding
what physical buildout it implies
what components must scale with it
which parts are already consensus and crowded

Avoid generic phrasing like "AI keeps growing". Name the real driver:

800G -> 1.6T -> 3.2T optical transitions
training cluster scale-out
power-density rise
thermal limits
advanced packaging throughput
test and qualification bottlenecks

When possible, ground the theme in one concrete machine or system:

not AI compute
but GB300 NVL72 rack, TPU pod, AI factory power train, 1.6T optical link, or another real deployed system

Step 2: Draw the Stack

Always map a chain before concluding.

Use 6-9 layers. Typical stack:

end demand / deployment
network / systems
modules / engines / subsystems
devices / chips / lasers / optics
test / yield / reliability
foundry / assembly / packaging
epitaxy / equipment
materials / substrates / specialty inputs

For each layer, ask:

what is being shipped?
who gets paid here?
what unlocks the next layer?
is the bottleneck capacity, qualification, thermal, yield, tooling, or materials?

Also ask:

if this supplier disappeared tomorrow, how long would the downstream wait for a credible replacement?
which layer is being paid now versus later?

Step 3: Hunt the Bottleneck

Now force the real question:

if AI demand doubles, what breaks first?

Check these bottleneck types:

physical input shortage
long lead-time tool / fab capacity
reliability and qualification delay
yield bottleneck
thermal / power limit
geopolitical or single-region dependence
single-customer dependency

Rank the bottleneck by:

concentration
substitutability
ramp difficulty
proof of demand
whether consensus already sees it

Step 4: Verify With External Evidence

Do not trust one tweet, one chart, or one story.

Use three evidence buckets:

company evidence
- earnings calls
- investor presentations
- customer / supplier mentions
- guidance language
industry evidence
- trade press
- industry reports
- capacity / lead-time / deployment news
cross-chain evidence
- multiple companies describing the same stress point from different sides

Preferred sources:

company IR pages and earnings transcripts
official filings
reputable industry reporting
broker / market research summaries if available

Always label the strongest evidence line and the weakest assumption.

Use this evidence hierarchy:

strongest: filings, earnings-call transcripts, IR materials, direct customer/supplier disclosures
strong: official supplier-list changes, design-win announcements, capacity-expansion notices
medium: reputable industry reporting, broker or market-research summaries
weak: social posts and unverified forum claims

If multiple companies describe the same constraint from different positions in the chain, say so explicitly. That is higher quality than a single-source story.

Step 5: Output the Direction First

Default output is a direction, not a stock list.

The first answer should say:

the next lane worth tracking
why now
what confirms it
what breaks it
what downstream / upstream companies would feel it first

This is the main output layer.

Step 6: Only Then Offer Candidate Names

If the user pushes deeper, offer 3-7 names.

Split them by role:

safest executor
pure bottleneck supplier
cheaper second-order beneficiary
early optionality / disruptor

For each name, include:

role in the stack
why this name belongs
what evidence is real
what still needs confirmation
main risk

For lower-market-cap names, always include:

market-cap mismatch versus the layer leader
current stage: concept / qualification / early ramp / real volume
why this may still be too early

Do not present them as buy calls.

Step 7: Position-Sizing Logic

If the user asks for weights, use Crux-style discipline:

leaders / proven executors get more weight
earlier pre-commercial names get smaller starter positions
weight increases only if qualification, ramp, and revenue conversion improve

Never size purely off narrative upside.

Output Levels

Choose the shallowest level that satisfies the ask.

Escalation rule:

first response: direction only
second response after user follow-up: candidate watchlist
third response after user picks one lane or one company: underwrite sheet

If the user jumps straight to "give me small caps", first give:

one-paragraph lane thesis
one bottleneck summary
then the names

Do not skip the thesis stage.

Level 1: Directional Lane

Use when the user asks:

what direction should I study next
where is the next bottleneck
what sector is being underpriced

Output:

thesis in 4-8 short paragraphs
stack snapshot
bottleneck call
proof / disproof checklist

Level 2: Candidate Watchlist

Use when the user follows up with:

which names are worth watching
any lower-market-cap ideas
who are the pure-play beneficiaries

Output:

3-7 names
grouped by role
one-line thesis, one-line risk, one-line next check

If the evidence base is weak, downgrade the output to:

names worth validating, not names worth buying

Level 3: Underwrite Sheet

Use when the user asks for one name in depth.

Output:

why this company matters
what exact bottleneck it solves
customer / supplier map
revenue timing and what to monitor
failure cases

Recommended Response Skeleton

When answering live user requests, default to this order:

thesis sentence
stack view
bottleneck call
evidence and disproof
only then names, if requested

This prevents the skill from collapsing into ticker spam.

For L5 lower-market-cap drilldowns, end with two short lines:

why the market may be underpricing it
why the user still should not treat it like a proven executor

Tone and Style

Write like a researcher who is trying to catch the market sleeping on a physical constraint.

Good style traits:

direct
skeptical
bottleneck-focused
willing to say "this is still too early"
willing to separate "great story" from "real ramp"

Bad style traits:

generic "AI is bullish" cheerleading
fake certainty
too many abstract slogans
copying public figures' catchphrases

What Makes a Good Answer

A good answer from this skill:

starts from the supertrend, not the ticker
shows the stack clearly
identifies one primary bottleneck and one backup candidate
uses at least one external non-social proof source when the user asked for current research
tells the user what to watch next
keeps small-cap names as a second-order output, not the starting point

When To Escalate

Ask a clarification only if one of these is genuinely unclear:

which infrastructure theme the user means
whether they want direction vs names
whether current / latest validation matters

If latest validation matters, browse the web and prefer primary sources.