Most investors are chasing the AI memory boom, but I'm positioning for the entire AI buildout.
The next ten years of AI development could unfold in phases. The 2026–2027 period looks like a foundational cycle, where the focus shifts from semiconductors alone to servers, data centers, and compute delivery systems.
$SUPER MICRO COMPUTER INC(SMCI)$ and $Dell Technologies Inc.(DELL)$ represent AI server and system-level execution, making them key enablers for real-world compute deployment. $NEBIUS(NBIS)$ reflects the emerging Neocloud model, benefiting from outsourced AI compute demand. $IREN Ltd(IREN)$ , $HIVE Digital Technologies Ltd(HIVE)$ , and $APPLIED DIGITAL CORP(APLD)$ represent data center and compute leasing plays with potentially higher cyclical upside.
Capital spending on AI is gradually shifting from "chip-driven" to "infrastructure-driven," expanding opportunities across the entire value chain.
Do you prefer the stability of $SUPER MICRO COMPUTER INC(SMCI)$ and $Dell Technologies Inc.(DELL)$ , or the higher beta exposure of $IREN Ltd(IREN)$ , $APPLIED DIGITAL CORP(APLD)$ , and $NEBIUS(NBIS)$ ? Who becomes the biggest winner of the next phase?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
