Tom Lee: Performance of AI downstream assets continues to strengthen, with Ethereum outperforming DRAM by 72 percentage points in the past month

Odaily reported that Tom Lee, Chairman of Bitmine and Co-founder of Fundstrat, stated that the relative performance of “AI downstream” assets is continuously strengthening, with Ethereum (ETH) showing significant excess returns compared to the DRAM (Dynamic Random Access Memory) sector in recent periods.

Tom Lee disclosed that data shows ETH’s relative advantage over DRAM expanded to 7,200 basis points (72 percentage points) over the past month. During the same period, ETH’s price increased by about 24%, while DRAM-related ETFs fell by around 38%.

Tom Lee believes that as AI infrastructure investment gradually shifts from chips and computing power supply chains to the application layer and digital infrastructure, some “AI downstream” assets are being repriced by the market.

As a long-term supporter of the Ethereum ecosystem, Tom Lee has repeatedly emphasized that with the development of stablecoins, tokenized assets, and on-chain financial applications, Ethereum may become an important component of digital economic infrastructure in the AI era. This comparison of data shows that the performance divergence between crypto assets and the traditional AI hardware supply chain is expanding.