Overview
- AI-focused funds are drawing interest, with Global X's AIQ at $7.41 billion in assets and a Motley Fool survey finding 93% of AI investors plan to maintain or increase exposure as names like Nvidia and Alphabet are cited for long-term gains.
- Goldman Sachs estimates AI infrastructure outlays could reach $527 billion in 2026, reinforcing the case for broad exposure to suppliers and platforms.
- Jefferies upgraded IBM to Buy, pointing to a clearer 2026 software acceleration driven by Red Hat momentum and recent acquisitions, as IBM highlighted AI bookings rising to $9.5 billion by Q3 2025 from $5 billion at the end of 2024.
- Broadcom’s custom AI chips are gaining traction through hyperscaler partnerships, with Citigroup projecting AI revenue above $50 billion this fiscal year; a reported $21 billion TPU order from Anthropic underscores demand though the figure has not been independently confirmed.
- TSMC remains the key high-end manufacturer, described as effectively the only foundry producing advanced GPUs and AI accelerators at scale, supporting supplier strength as AI buildouts continue.