The AI boom is about to go in a whole new direction. This stock will benefit.

Today’s issue in preview:

• The AI boom is about to go in a whole new direction. This stock will benefit.

• Operation Epic Fury sent this ETF lower. It’s poised to bounce back and reach new all-time highs

• The “machine sensory perception” theme is poised to produce big stock winners. How to invest in it.

• Our extraordinary performance continues: Recommendations to own the AI power consumption theme, the AI infrastructure theme, and the Engineering & Construction boom theme continue to pay off.

The AI boom is about to go in a whole new direction. This stock will benefit.

Credit: imaginima

It’s good to be on the receiving end of the largest collective investment effort in all recorded history. Just ask Cisco (CSCO).

The communication equipment and software giant recently reported soaring AI-related revenue… and its market value just reached an all-time high.

In late 2022 – before ChatGPT was released to the public – I told friends and colleagues that AI was about to explode into public awareness. Shortly after, AI did just that, marking the beginning of one of the biggest investment themes of our lives… one that has produced dozens of 100%+ stock winners.

Now, more than three years into this huge boom, big tech firms Meta (META), Google (GOOG), Amazon (AMZN), OpenAI, and Microsoft (MSFT) are engaged in an epic race to build the world’s best AI models and infrastructure. They’ve already spent more than a trillion dollars. This year, they are on pace to spend over $700 billion on AI infrastructure, with more than $3 trillion expected to follow. It’s the largest collective investment effort in all recorded history.

During this boom, many AI skeptics have said big tech’s spending is madness. It won’t generate the revenues and profits required to justify it. Once the world realizes this is the case, GDP growth will stall, and the stock market will crash.

For the past three years, I’ve urged investors to ignore the AI bears and stay long the AI infrastructure megatrend. This advice has been very useful. On April 9, I highlighted how AI infrastructure stocks of many kinds have soared to all-time highs.

Cisco is a clear beneficiary of the AI infrastructure megatrend. It sells equipment and software that businesses use to build computer networks. It also sells equipment that AI data centers need to operate. Driven by AI, its quarterly revenue from networking equipment climbed 21% year over year.

Cisco stands to benefit from the next phase of the AI boom, which we call the coming “Agent Supernova.” This is where AI programs autonomously perform work that only humans can perform now. Soon, we will see an explosion of AI agents performing work in factories, labs, hospitals, schools, and businesses.

On March 27, I detailed how this explosion in AI agent activity will drive a massive surge in data traffic, which is great for companies like Cisco. Just one AI agent working for a business can create enormous amounts of web traffic.

Remember, agents work much faster than humans. They don’t take breaks or vacations. They can search for information and transact at the speed of light. An explosion of agent usage will generate an explosion of internet traffic.

The Agent Supernova is poised to change the world forever and create enormous change and opportunity. Investing in increased communication traffic is one way to capitalize on it.

Operation Epic Fury sent this ETF lower. It’s poised to bounce back and reach new all-time highs

Credit: tifonimages

On Friday, April 17 – just two trading sessions ago – Freeport McMoRan (FCX) reached a new all-time high. It’s a strong signal that the bull market in copper mining stocks is alive and well… and ready to run higher.

With a market value of about $100 billion, Freeport is one of the world’s largest copper miners. It owns a large stake in the enormously productive Grasberg mine in Indonesia. Given Freeport’s huge size and trading liquidity, it is a “go-to” stock for large money managers looking to bet on copper.

For over two years, I’ve been long the copper mining theme, and I’ve urged others to go long as well. The bull case here is simple: Over the past 30 years, the copper mining industry has discovered or developed few meaningful copper deposits. Meanwhile, the collective buildout related to AI, power grids, renewable energy, and EVs is turbocharging copper demand. S&P Global expects global annual copper demand to increase roughly 50% by 2040.

The bull case is proving to be very profitable. The copper market’s long-term bullish dynamics are creating a glacier-like megatrend of gradually rising prices… which is driving copper mining firms higher and higher.

Freeport is a significant holding in the Global X Copper Miners ETF (COPX), the world’s largest copper mining-focused ETF. In August 2025, COPX broke out to a new 52-week high and soared 110% in less than seven months. Like many sectors, copper mining suffered a significant Epic Fury-induced selloff in March. Led by strength in individual names such as Freeport, this fund is poised to reach new all-time highs.

The enormous business and technological trends that shape our world play out over years, not months. This means the financial market trends they manifest tend to persist for years, not months. That’s why it makes sense to be long copper right now.

The “machine sensory perception” theme is poised to produce big stock winners. How to invest in it.

Credit: SweetBunFactory

In January 2026, Tesla announced it was ending production of Model S and Model X vehicles and converting its Fremont, Calif., factory to produce Optimus humanoid robots. Musk also is aiming to produce 10 million units annually at Gigafactory Texas.

In other words, the world’s most visionary and serially successful technology entrepreneur is betting big on robots. This single fact makes the robotics megatrend a “buy” in my book.

Regular readers know robotics is one of our top investment themes for the next decade. It is a giant, multi-faceted theme that will forever change the world. It will yield greater factory automation, surgical robots, autonomous vehicles, autonomous air taxis, humanoid worker robots, and much more. Robotics investment is expected to rise at least 15% annually through the rest of this decade. Within five years, Amazon will have more robots than people.

Two key data points tell you a lot about where this megatrend stands right now…

One: Figure – the humanoid robotics startup that barely existed three years ago, just raised $1 billion in a single funding round at a $39 billion valuation. This is the first-ever billion-dollar raise in the history of humanoid robotics.

Two: Amazon, the world’s largest robotics manufacturer and operator, has recently deployed its millionth robot. That is one million machines that need to see, sense, and navigate the physical world. 75% of Amazon’s global deliveries are now assisted in some way by a robot.

On October 21, we detailed how “machine sensory perception” is one of our highest-conviction subthemes within the robotics megatrend.

For robots to be safe and useful, they must be able to sense their surroundings. That’s why one of this trend’s most promising angles is machine sensory perception – robots seeing, feeling, and sensing. This field includes cameras, lasers, heat sensors, force sensors, and magnetic field sensors. Companies in machine sensory perception are poised to enjoy a huge tailwind. Demand for their products and services is set to stay high for decades.

Plus, well-positioned machine sensory equipment makers are “picks and shovels” plays on the robotics boom. They are not bets on who will make the best robots. Instead, they sell their products and services to numerous robot makers – adding a layer of safety and stability to their business models.

We recommended Analog Devices (ADI) as a leading machine vision play on Dec. 18, 2025. Since that recommendation, ADI is up 36%. It recently broke out to a new one-year high. We also recommended Sensata (ST), which is up 23% since then. It recently hit a new one-year high.

And here are two machine sensory perception players with growing businesses that could soon join ADI and ST on the new highs list:

Ouster (OUST) is a $1.5 billion market cap high-growth LiDAR company.

LiDAR (Light Detection and Ranging) is a machine-sensory technology that creates 3D models of environments. It works by firing rapid laser pulses from a scanner towards surfaces. The sensor measures the “time of flight,” or the time it takes for each pulse to reflect off objects and return. By processing this data, LiDAR calculates precise distances to create detailed maps and models. It is widely used for topographic mapping and autonomous vehicle navigation.

Ouster’s big customers include mining equipment makers, defense firms, and robot makers.

Aeva Technologies (AEVA) is a $1 billion company that can be considered a “high risk, high reward” investment in machine sensory perception.

AEVA operates in 4D LiDAR, which is a far more complex and advanced operation technology than traditional LiDAR. It detects both position and velocity, allowing robots and vehicles to react much more quickly and accurately to moving objects in their environment. Nvidia (NVDA) has selected AEVA as the reference LiDAR sensor for its DRIVE Hyperion autonomous vehicle platform.

Every robot deployed – whether it’s one of Amazon’s one million warehouse machines, a Figure humanoid on a factory floor, or an autonomous vehicle – needs to see, sense, and perceive the world around it. Without that capability, the robot is useless. ADI, ST, OUST, and AEVA are the picks and shovels of that buildout.

By making an investment in this area, you are not trying to pick the biggest hit robot maker. You’re selling critical components all manufacturers must buy. This makes the machine sensory perception theme a great way to invest in the robotics megatrend.

Market Notes

• Our March 26threcommendation to invest in the optics theme is paying off. Applied Optoelectronics (AAOI) just hit another new high. It’s now up 331% YTD.

• Our March 20th recommendation to own semiconductor equipment stocks is delivering. Industry leaders Amkor (AMKR), KLA Corp (KLAC), Arista Networks (ANET), ASE Technology Holding Co. (ASX) and Onto Innovation (ONTO) reached new highs today.

• Our October 2nd recommendation to own power grid upgrade is now up big. Quanta Services (PWR) just hit a new high. It’s up 141% over the last year.

• Our recommendation to invest in the AI power consumption theme continues to pay off. AI power consumption leader Bloom Energy (BE) climbed 6.4% today to reach a new all-time high.

• Our recommendation to invest in the Engineering & Construction boom continues to pay off. Large contractors MasTec (MTZ) and Sterling Infrastructure (STRL) reached new all-time highs today.

• Dell (DELL) continues to move to new highs as we suggested. The AI infrastructure theme continues to boom. DELL is now up 154% over the last year.

• Heavy equipment maker Caterpillar (CAT) climbed 2% today to reach a new all-time high. As we mentioned last week, this is a bullish economic signal.

• Medical device leader Boston Scientific (BSX) reached a new one-year low today. It’s down 35% over the last year.

Regards,

Brian Hunt
Editor, Money & Megatrends

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