Market Overview
The first half of 2026 is over, and artificial intelligence (AI) stocks are expected to soar in the second half, according to a recent article [2]. The article mentions that NVDA and other AI stocks are not trading at the premiums they warrant. Meanwhile, GOOGL has seen its stock double in a year, and the question remains if it's too late to buy [9].
Stock Performance
The QQQ index has seen a gap in its return compared to its proxy, with a missing upside of roughly 145 percentage points over the last five years [3]. On the other hand, MSFT is considered a better buy than SpaceX, given its AI leadership [7]. TSLA and Meta are now worth the same, $1.48 trillion, but the question remains which stock will win from here [8].
Industry Trends
The demand for AI hardware is on the rise, with Hon Hai, a key supplier to NVDA, seeing its sales beat expectations [10]. Additionally, SK Hynix is seeking access to AI investors in its $29 billion U.S. listing, with its Korea-listed shares and Micron's stock gaining about 700% over the past 12 months [11].