AI Stocks Outperform in 2026: Nvidia and Celestica Poised for Gains This Earnings Season

Industry
โดย Motley Fool·Read original
Summary · why it matters

AI stocks have outperformed the broader technology sector in 2026, with the Global X Artificial Intelligence & Technology ETF up 23% compared to the Nasdaq Composite's 13% gain. Bank of America analyst Vivek Arya expects AI infrastructure spending to continue driving the market in the second half. Nvidia, trading at just 11% gains this year, could see a catalyst from hyperscaler capex increases—Alphabet, Amazon, Meta, and Microsoft are projected to spend a combined $725 billion in 2026, up 77% from the prior year. Consensus estimates show Nvidia's earnings per share growing at a 50% compound annual rate over three years, potentially pushing the stock to $484, a 129% jump. Celestica, an electronics manufacturing services provider, has pulled back 24% from its June high, but its connectivity and cloud solutions business is booming, with Q1 revenue up 53% year over year to $4.05 billion and adjusted earnings up 80%. Analysts forecast Celestica's 2026 earnings per share rising 70% to $10.29, and the stock could reach $568 in three years, a 58% gain from current levels.

Impact on stocks 12

Artificial Intelligence · 7 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

Hyperscaler capex surge (Alphabet, Amazon, Meta, Microsoft spending $725B in 2026, up 77%) drives demand for Nvidia's AI chips.

Amazon.com Inc
AMZN
▲ PositiveCapitalrelevance

Amazon's increased capex spending is part of the $725B hyperscaler total, supporting its AI infrastructure investments.

Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Alphabet's increased capex spending is part of the $725B hyperscaler total, supporting its AI infrastructure investments.

Meta Platforms Inc.
META
▲ PositiveCapitalrelevance

Meta's increased capex spending is part of the $725B hyperscaler total, supporting its AI infrastructure investments.

Microsoft Corporation
MSFT
▲ PositiveCapitalrelevance

Microsoft's increased capex spending is part of the $725B hyperscaler total, supporting its AI infrastructure investments.

Semiconductors · 2 stocks
Financials · 1 stocks
Information Technology · 1 stocks
Cloud & Digital Infrastructure · 1 stocks

Theme Impact 4

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