AI Stock Performance Insights for 2026
As of December 23, 2025, Nvidia (NASDAQ: NVDA) stands out as a leading player in the AI stock market, with a market cap of $4.8 trillion and a staggering five-year stock return of 1,359%. The company’s demand is largely driven by its AI-enabling GPUs, which generated $51.2 billion in revenue from its data center platform alone during the fiscal third quarter. Broadcom (NASDAQ: AVGO) follows with a market cap of $1.7 trillion and a five-year return of 813%, propelled by strong demand for custom AI chips. Meanwhile, Taiwan Semiconductor Manufacturing (NYSE: TSM) boasts a market cap of $1.2 trillion and a five-year return of 211%, solidifying its position as the largest AI chip foundry worldwide.
Following the release of OpenAI’s ChatGPT in late 2022, demand for Nvidia’s products surged, leading CEO Jensen Huang to forecast $500 billion in demand for data center technology over five quarters. This equates to approximately $100 billion per quarter. Broadcom’s recent acquisition of VMware in late 2023 has also contributed to its robust growth, which is expected to continue as more tech companies seek custom AI-enabling application-specific integrated circuits. TSM’s diverse client base includes industry giants like Nvidia and Apple, further enhancing its significance in the AI chip manufacturing landscape.
