Vanguard Information Technology ETF (VGT) rated BUY for AI infrastructure exposure with expected 6-12 month returns.

Vanguard Information Technology ETF (VGT) is rated a BUY due to its focused exposure on AI infrastructure suppliers benefiting from ongoing hyperscaler capital spending. Its portfolio targets scarce resources like chips, memory, networking, and equipment, reducing reliance on predicting which AI platforms will succeed. Strong recent results from key holdings such as NVDA, MU, AVGO, and AMAT support the investment thesis. Expected total returns are in the high single digits to low double digits over 6-12 months, but sustained strong earnings are necessary to justify current valuations.