Report published September 28, 2026
How Can I Invest in Transformational Innovation? — UBS House View Briefcase
UBS · September 28, 2026
UBS recommends complementing equity portfolios with diversified exposure to three key transformational innovation themes: Artificial Intelligence, Power and resources, and Longevity. These areas benefit from powerful structural tailwinds, including surging AI capex, rising data-center power requirements, and expanding markets for healthy living and obesity therapies.
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Finvaulta summarizes UBS's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.Investors should complement diversified portfolios with targeted exposure to AI, Power and resources, and Longevity.
- 2.AI spending is projected to reach USD 1.2tr by 2027 with agentic AI driving growth, warranting diversified exposure across the AI value chain rather than concentrated single-stock bets.
- 3.Electrification, grid modernization, and data-center energy demands support structural investment in power, nuclear, utilities, and critical minerals like copper and aluminum.
Table of Contents
- Key message
- 01 We have strong conviction in the long-term potential gains offered by AI.
- 02 Structural demand and the energy transition support long-term investment in power and resources.
- 03 Companies offering products and services to extend healthy lifespans should continue to gain traction.
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Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| Overall AI spending / capital expenditure | 900 USD bn | Hyperscalers raising capital expenditure estimates for 2026 |
| Overall AI-related capital expenditure | 1.2 USD tr | AI-related capex driven by agentic AI as the next growth leg |
| Data center share of total US electricity use | 9% | Forecasted US electricity consumption from data centers compared to around 4% currently |
| Global longevity market annual revenues | 8 USD tr | Projected annual revenues up from USD 5.3tr in 2023 |
| Global obesity drugs (GLP-1s) annual revenue growth rate | 12% | Forecasted annual revenue growth driven by rapid adoption and expanding insurance coverage |
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UBS House View Briefcase is shown in chronological order through this edition, published on September 28, 2026.
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