The driving theme in the stock market over the past few years has been artificial intelligence (AI) . The biggest winners of the first phase of AI have largely been involved with data center infrastructure. This includes chipmakers, like Nvidia and cloud computing providers like Microsoft . In the private markets, you can also throw in large language model (LLM) makers like OpenAI .

However, as we enter 2026, the next big AI supercycle may be emerging. The first phase was largely about generative AI . This includes chatbots like OpenAI's ChatGPT, Anthropic's Claude, and Alphabet 's Gemini, as well as AI assistants, such as Microsoft's Copilots.

The next phase is agentic AI, where AI-powered agents will autonomously complete assigned tasks on their own. While generative ch

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