Jed Ellerbroek says the A.I. trade has turned "skittish" but the overall market strength remains intact.
Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are emerging as the two strongest candidates to reach, or in Nvidia's case revisit, a $5 trillion market capitalization in 2026, according to the latest market data and analyst forecasts reviewed by Finbold.
Palantir, NVIDIA and Teradata lead as Big Data demand surges, with AI tools and infrastructure reshaping how industries handle information.
Nvidia stock was gaining amid reports it won a major political battle over restriction on exports of AI chips.
Dan Kim, Chief Strategy Officer at TechInsights, thinks Nvidia's China sales could grind to a halt if Beijing decides to pursue a policy that pursues chip self-sufficiency over access to compute power. He adds that U.S. chip restrictions are unlikely to derail China's broader tech ambitions, noting that domestic alternatives are already beginning to emerge.
As central as NVIDIA NASDAQ: NVDA is to the AI-driven semiconductor supercycle, it is not the only semiconductor stock set to benefit. While AI, GPUs, and data center capabilities are at the core of the movement, they are impacting various sectors across the economy and are complemented by steady industrial demands.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Major tech names strengthen in pre-market trading, with Nvidia, Intel, and AMD all showing bullish setups. The analyst emphasizes buy-the-dip conditions, highlights key support levels, and notes ongoing momentum following significant rallies and recent corporate developments.
Futures are pointing to a second straight day of gains as volatility falls, with Nvidia (NVDA) pushing markets higher in the premarket. Kevin Green examines Wednesday morning's action, including the ADP jobs data and Bitcoin Futures (/BTC) showing gains, with iShares Bitcoin Trust ETF (IBIT) seeing buyers.
Shares of Nvidia Corp. (NASDAQ: NVDA) have risen 2.0% in the past week on announcements regarding strategic partnerships with AWS, Synopsys, and Mistral AI.
NVIDIA's booming AI results and Palantir's surging revenues make a dual-play strategy a compelling way to ride 2026's AI momentum.
Credo Technologies' NASDAQ: CRDO fiscal year 2026 (FY2026) Q2 results are yet another example of why the AI trade is far from over. As NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD continue to dominate GPU sales for AI data centers built by Microsoft NASDAQ: MSFT, Amazon NASDAQ: AMZN, and Meta Platforms NASDAQ: META, the demand for high-speed connectivity grows in parallel.