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Jefferies' Wood Backs 'Picks and Shovels' AI Trade Amid Capital Spending

Jefferies strategist Chris Wood favors the infrastructure-focused trade while noting China's domestic market advantage in the AI cycle.

1 publisher · 1 article · first seen 9 Sept 2026 · updated 5h ago

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  1. Jefferies’ Wood Sticks With ‘Picks and Shovels’ Trade Bloomberg Markets ·

In this story

  • Jefferies
  • Chris Wood
  • KBFG Korea Conference

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