Market Overview of AI Stocks in 2026
As of 2026, some of the largest AI stocks, including Nvidia, Alphabet, Apple, and Amazon, have experienced notable declines, with Nvidia down nearly 5%, Alphabet down 2.5%, and Amazon down 7.5%. In contrast, companies outside the top AI spenders are seeing gains, with Taiwan Semiconductor Manufacturing up 13.7%, Texas Instruments up 15.1%, and ASML up 22.1% year-to-date.
Beyond these, Vertiv has skyrocketed by 61.8% in 2026, following a significant 42.6% increase in 2025. Micron Technology is up 32.3% this year after an astonishing 239.1% gain in the previous year. This indicates a market divergence, rewarding manufacturing companies and equipment manufacturers amidst declining valuations for hyperscalers and fabless semiconductor firms.
