AI Investment List: Don't overthink it, follow the money.

The most certain thing for 2026: Tech giants are set to invest $650 billion in building AI infrastructure. This is the largest infrastructure project in human history, not a bubble, but real money.

Four-Tier Strategy

Tier 1: Hardware & Chips (Most Certain)

Core Four: NVDA, TSM, AVGO, AMD

Niche Opportunities: MRVL, ALAB (Astera Labs)

Energy Support: VST, GEV (Nuclear power is a necessity)

Cooling Infrastructure: VRT

Tier 2: Cloud Service Trio

AMZN, MSFT, GOOG. Amazon alone plans to invest $200 billion, and these three account for the bulk of capex.

Tier 3: Application Layer SaaS

Enterprise: PLTR, CRM, NOW

Developer Tools: DDOG, SNOW

E-commerce & Social: SHOP, RDDT, PINS

Tier 4: Crypto Proxy

MSTR: Bitcoin leverage tool, higher elasticity in a bull market

Circle: Focus only on this for 2026, may replicate Coinbase's last cycle performance

Defensive Allocation

Gold (GLD/PHYS): Hedge against fiat currency depreciation

Healthcare (XLV): Safe haven during volatility

Small Caps (IWM): Beneficiary of the interest rate cut channel

Core Logic

AI is the main theme for the next 10-20 years, no doubt about it. The key for 2026 is the second-order effect of AI Agents: explosive growth in Token usage and new hardware demand.

But be sober-minded: The S&P 500 is already at the 93rd historical percentile, and from a risk-reward perspective, it's not suitable for blindly chasing highs.

Investment Discipline: Passive investing (index funds) makes up the majority, active investing seeks alpha. Making money doesn't have to be so tiring. Build strong positions, fight a steady battle, sacrifice speed for certainty.