Silvant Bets Big on AI Software Over Chips

Silvant Capital Management has taken positions in Snowflake, CrowdStrike, and Palantir, identifying them as key beneficiaries of accelerating AI adoption. CIO Michael Sansoterra holds all three through the Virtus Silvant Large Cap Growth strategy, viewing them as core AI infrastructure plays that are meeting or beating investor expectations. Sansoterra highlighted Snowflake's shift toward AI-driven workloads and CrowdStrike's role in securing expanding AI deployments. He cautioned investors to balance high-expectation stocks carefully, while arguing the next wave of AI returns will come from software and security platforms, not chipmakers alone.