Recently, a major figure in the investment circle released their industry forecast for 2026, which is quite interesting. Three veteran investors who have long been rooted in the US industry, financial services, and enterprise software sectors summarized the three major highlights for this year.

In simple terms, they are optimistic about these three directions: accelerated formation of the electrical industrial stack, AI-driven transformation of core architectures in finance and insurance, and AI agent layers in enterprise software beginning to challenge traditional systems.

**Electrical Industrial Stack: The Industrial Revolution Enters the Machinery**

One investor, Ryan McEntush, specifically emphasized that the key change in 2026 will be the true formation of the "Electrical Industrial Stack," which will drive the next industrial revolution.

His view is straightforward: industrial progress is no longer just about workshops but about delving into the inside of equipment and machinery. Electric vehicles, drones, data centers, modern manufacturing—these seemingly different fields actually share the same electrical and electronic technology system behind them—combinations of core components like batteries, power semiconductors, computing units, and motors.

**Technology is not the bottleneck; scale and cost are**

Interestingly, McEntush said that the US is not falling behind in engineering and critical technologies. The real challenge is not "whether they can make it," but "whether they can scale up and whether costs are competitive." In comparison, the advantage of a certain Eastern power lies in its complete industrial chain and supporting systems, which can quickly support enterprises to expand their scale.

He cited SpaceX as an example to illustrate that a highly vertically integrated ecosystem and supply chain system determine long-term competitiveness. In other words, future industrial competition is fundamentally a contest of ecological chains and cost systems.