What Artificial Intelligence Stock Could Berkshire Hathaway Target Next? (2026 Analysis)

With Warren Buffett’s retirement completed at year-end 2025 and Greg Abel now steering Berkshire Hathaway through 2026, investors are closely watching which artificial intelligence stock might next enter the conglomerate’s portfolio. Abel’s leadership marks a potential inflection point in how the legendary investor’s legacy company approaches tech investments and emerging opportunities in the AI era.

The Current AI Holdings and Strategy Shift

Berkshire’s existing portfolio already captures significant artificial intelligence stock exposure through its positions in Amazon and Alphabet. The Q3 2025 addition of Alphabet was particularly noteworthy—a signal that the company may be opening doors to tech-forward opportunities under Abel’s direction. However, these holdings represent just a fraction of Berkshire’s total portfolio, suggesting room for deliberate expansion.

Amazon illustrates this point vividly. Despite being a $180 billion annual revenue machine, Berkshire’s 10 million share stake amounts to only 0.8% of its investment portfolio—a modest allocation for a company generating such substantial profits.

Why Amazon Could Be the Next Move

The second half of 2025 revealed renewed momentum for Amazon, particularly in its highest-margin business segments. AWS achieved remarkable profitability metrics: while accounting for only 18% of total sales, it generated 66% of operating profit. The advertising division, though less transparently reported, likely matches the 30-40% operating margins typical of competitors like Alphabet and Meta Platforms.

This structural profitability advantage matters enormously for valuation. Using the operating price-to-earnings ratio as the benchmark (rather than standard P/E ratios skewed by investment portfolio volatility), Amazon trades near historically attractive levels. For a company projected to maintain strong growth through 2026, the valuation floor suggests potential appeal.

The Investment Manager Question

One uncertainty worth considering: Todd Combs, who departed Berkshire to join JPMorgan Chase, was historically more tech-focused than Buffett. If Combs orchestrated the original Amazon purchase, his absence could reduce momentum for additional shares. Conversely, if Ted Weschler championed the position, Amazon may remain on the active shopping list under Abel’s watch.

The Broader AI Stock Prediction Context

Berkshire’s next artificial intelligence stock purchase likely hinges on alignment with its core principle: acquiring exceptional companies at reasonable prices. This discipline has served the conglomerate across decades of market cycles. While 2025 proved transformative for AI sentiment, execution matters more than enthusiasm.

The question isn’t whether artificial intelligence stocks deserve a place in growth portfolios—the AWS and advertising metrics make that case clearly. Rather, it’s whether Abel will unleash the substantial cash reserves accumulated during Buffett’s final years as CEO to deploy into positions like Amazon at current valuations.

The Bottom Line

Predicting Berkshire’s next artificial intelligence stock move requires watching several variables: Amazon’s continued execution in AWS and advertising, valuation movement throughout 2026, and Abel’s broader philosophical direction for the fund. Should these factors align favorably, Amazon could emerge as the next addition to Berkshire’s carefully curated AI holdings. Time will reveal whether the new era under Abel brings increased conviction in artificial intelligence stock opportunities—or whether value discipline remains the ultimate decision-maker.