Key Points
The “Magnificent Seven” megatech stocks have hit a new all-time high, with the Roundhill Magnificent Seven ETF (NYSEMKT: MAGS) reaching approximately $72.20, surpassing its previous peak from May 2026.
Key contributors to this surge include Nvidia (NASDAQ: NVDA) with a 21% year-to-date increase, and Apple (NASDAQ: AAPL) up 24%. However, Tesla (NASDAQ: TSLA) stands out as the only stock in the group to decline, losing over 15% this year and trading 24% below its December 2025 peak of around $499.
In contrast, other tech stocks such as Micron Technology, Advanced Micro Devices, and Intel have experienced substantial gains, each rising over 180% this year, while Seagate Technology and Sandisk have skyrocketed by 233% and 665%, respectively, driven by a global memory chip shortage.
5 Stocks Our Experts Predict Could Double In the Next Year
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