Key Points
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Nvidia shares have recovered to all-time highs after a 20% decline, driven by strong demand in the AI accelerator market.
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Broadcom has surged over 35% since late March, bolstered by its leadership in custom AI silicon and networking solutions.
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Alphabet’s market cap of $4.1 trillion now stands as the second-largest in the U.S., with a recent 25% rally driven by growth in its Google Cloud segment and AI advancements.
Nvidia (NASDAQ: NVDA) reported a 65% revenue growth to $216 billion for fiscal 2026, accompanied by a net income of $120 billion. Broadcom (NASDAQ: AVGO) experienced a 29% revenue increase in Q1 fiscal 2026, totaling over $19 billion, while net income grew yearly by 34%. Alphabet (NASDAQ: GOOGL) saw its overall revenue rise by 15% to nearly $403 billion in 2025, with a significant contribution from its cloud services and AI initiatives.
With the S&P 500 and Nasdaq Composite reaching all-time highs, AI stocks continue to demonstrate resiliency despite market uncertainties, including a high Shiller P/E ratio of 40.
