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Ark Invest Says AI Spending Could Triple: Here's the Stock to Buy for 2026
Yahoo Finance· 2026-01-30 19:03
In her Big Ideas 2026 report, fund manager Cathie Wood of Ark Invest (NYSEMKT: ARKK) predicted that annual data center capital expenditures (capex) would go from around $500 billion in 2025 to $1.4 trillion in 2030. If that happens, one of the best stocks to invest in will be Broadcom (NASDAQ: AVGO). The ASIC king Owners of large artificial intelligence (AI) data centers (hyperscalers) are increasingly seeking cheaper alternatives to Nvidia's (NASDAQ: NVDA) graphics processing units (GPUs), which are th ...