AI computing power demand is exploding, but the bottleneck is not chips, but electricity.

This view has recently sparked lively discussion in the market. The energy sector has also gained attention—traditional power, photovoltaic power generation, energy storage systems, nuclear fusion technology, all kinds of capital are betting on the next hot spot. The question is: which track can truly break through?

Looking at past trajectories makes it clear. The craze for commercial spaceflight has cooled down, and capital has shifted its focus to brain-computer interfaces, robots, and semiconductors. Now, energy has become the focus. From early 2026 to now, major tech sub-sectors continue to fluctuate actively, with the pace of hot spot switching accelerating.

Can nuclear fusion take over? Will new energy continue to heat up? Or is it just another wave of hype around computing power concepts? The market is still searching for answers. The key is, whoever can truly solve the bottleneck of electricity supply will be able to reap the next wave of growth dividends.