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Prediction: The Artificial Intelligence (AI) Pick-and-Shovel Trade Isn't Over. Here Are 2 Stocks to Buy for 2026

Artificial intelligence spending is only going up across the whole of the tech industry. These two companies stand to benefit from all of it.

Mar 09, 2026 &03430909202631; 21:43 UTC www.fool.com Trending 3/5

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Positive for markets

Sentiment score: +75/100

Moderate impact Medium-term (weeks)

WHAT THIS MEANS

The article highlights continued growth in AI infrastructure spending across the tech industry, identifying two companies positioned to benefit from the 'pick-and-shovel' AI trade in 2026. This suggests sustained demand for AI-enabling technologies and services beyond current valuations.

AI CONFIDENCE

72% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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IT→.MI

IT→.MIStock

Expected to rise

Italian tech stocks may benefit from AI infrastructure spending trends

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Euro Stoxx 50

^STOXX50EIndex

Expected to rise

European tech sector exposure to AI pick-and-shovel opportunities

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S&P 500

^GSPCIndex

Expected to rise

US tech-heavy indices benefit from sustained AI infrastructure investment thesis

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NVIDIA

NVDAStock

Expected to rise

Semiconductor and AI infrastructure provider likely candidate for pick-and-shovel trade

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider accumulating positions in semiconductor and cloud infrastructure providers that enable AI deployment. Focus on companies with recurring revenue models and pricing power in the AI infrastructure space for 2026 positioning.

KEY SIGNALS

Sustained AI spending growth across tech industryPick-and-shovel investment thesis remains validInfrastructure enablers outperforming AI application companies2026 outlook positive for AI-adjacent businesses

SECTORS INVOLVED

TechnologySemiconductorsCloud ComputingArtificial Intelligence

Analysis generated on Mar 10, 2026 at 00:11 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by The Motley Fool. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Prediction: The Artificial Intelligence (AI) Pick-and-Shovel Trade Isn't Over. Here Are 2 Stocks to Buy for 2026

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