The AI boom has entered a selection phase—why are Gate stock tokens better suited for tracking popular individual stocks?

The market is no longer in a "broad rally," but has entered a more stringent filtering phase

Recent market developments clearly illustrate this point. AI remains the main theme, but the logic has shifted from "rising as long as AI is involved" to "valuation depends on who can truly deliver AI benefits." As of June 8, 2026, strong employment data has increased expectations for rate hikes this year. Asian markets continued last week's sell-off, with Korea's KOSPI dropping over 4.5%, with semiconductor stocks under the most pressure. Meanwhile, Broadcom's stock plummeted over 14% due to earnings falling short of high expectations, and chip stocks like AMD, Intel, Micron, and Qualcomm also retreated, indicating that capital requirements for AI-related assets are clearly rising.

This wave of volatility does not mean the AI narrative is ending; quite the opposite, it shows that the market has entered a more mature stage. Previously, investors mainly traded on "what AI will bring"; now, the market is starting to trade on "who will actually benefit from AI capital expenditure." Therefore, when Broadcom's results did not further amplify market expectations, funds quickly withdrew from "highly anticipated targets" and refocused on leading companies with real computing power, chips, cloud services, and channel advantages. Despite short-term corrections, semiconductor companies are still profitable, the overall economic environment is not bad, and what we are seeing now is more like a retreat in positions and momentum rather than a long-term logical reversal.

Why capital still revolves around a few tech giants

If we analyze the recent weeks' market separately, a very typical feature emerges: capital is becoming increasingly concentrated, and hotspots are becoming clearer. Nvidia remains one of the most core names in the AI computing chain, and it recently announced collaborations with SK Hynix, Naver, and others in Korea to expand the AI ecosystem. This indicates that AI demand has not cooled but is extending into a broader industry chain. Meanwhile, Microsoft continues to advance integration of AI tools, cloud services, and enterprise applications; Apple is still exploring how AI can redefine product experiences; Amazon keeps betting on cloud and infrastructure; Tesla remains a high-profile target in autonomous driving and robotics narratives.

The essence of this market trend is not "all stocks rising together," but "a few leaders continuously absorbing capital." From an investor's perspective, the market increasingly resembles a "selective question" rather than a "multiple-choice question": whoever can secure orders, expand capital expenditure, or turn the AI narrative into revenue will more easily continue to command a premium. The market capitalization weight of tech stocks in major indices is already at a historic high, meaning the driving force behind the rally is increasingly concentrated in top-tier companies. Ordinary companies find it difficult to sustain gains solely based on sector hype.

This is also why, when looking at popular stocks now, one should not only focus on the index but also on the true market protagonists. Nvidia represents computing power, AMD signifies catching up and a second growth curve, Micron stands for storage demand, Microsoft and Amazon embody cloud and enterprise AI deployment, Apple symbolizes the consumer tech ecosystem, and Tesla represents high-volatility growth and innovation expectations. Together, they form the most important current market themes, and the market keeps telling us through prices: capital is willing to pay for "leading companies with clear paths to realization."

Gate stock tokens turn these hot stocks into sustainable trading gateways

Image source: Gate Stock Tokens

In this market structure, the role of Gate's stock token section becomes very clear. Gate currently offers two main series of stock tokens: xStocks and Ondo Stocks. Users can trade tokens related to popular stocks such as Tesla, Apple, Amazon, NVIDIA, Meta, Robinhood, Coinbase, Alphabet, and others on the platform. Gate explicitly states that these stock tokens are blockchain-based assets that mirror the prices of real stocks or ETFs and support 24/7 trading. In other words, they transform popular stocks from traditional market "time-limited assets" into "continuously tradable assets" that are closer to the rhythm of digital assets.

More interestingly, Gate's stock tokens are not a single model. xStocks emphasizes asset mapping to publicly traded stocks, while Ondo Stocks uses a total-return tracker design that reflects dividend and interest effects in the token value. For users, this means that Gate's stock token section is not just a simple replication of a stock account but provides a more flexible entry point for participating in popular assets: it allows access to top tech companies and enables position management in an environment closer to the crypto market.

This year's Gate Research report on tokenized stocks also provides a valuable signal: the total market cap of tokenized stocks has exceeded $500 million, growing over 50 times this year, with daily transfer volumes reaching $40 million to $60 million; at the same time, their penetration in global stock markets remains very low, indicating that this track is still in early expansion, with huge potential ahead. For a Gate Learn article, this data is significant because it shows that stock tokens are not a "mature, growth-limited" sector but a rapidly growing new asset class.

Why now is a better time to view popular stocks through stock tokens

Looking at the market and products together, it becomes clear why the Gate stock token section has attracted more attention recently. The current trading logic is highly event-driven: an earnings forecast, an AI partnership, a capital expenditure upgrade—each can quickly influence prices. In this environment, investors need more than just "being able to buy"; they need "faster participation, quicker switching, and more efficient management." Gate's stock tokens provide exactly this experience. They allow users to track the price movements of popular companies using familiar digital assets and are not limited by traditional trading hours.

This is especially evident in recent volatility. Broadcom's disappointing earnings put pressure on chip stocks overall, while Nvidia's collaboration with Korean companies proves that demand in the AI supply chain remains active. The market is not retreating from the tech sector but continuously filtering for strength. For those focusing on popular stocks, the real value lies not in following a single market rhythm but in having a tool that can more flexibly capture the fluctuations of these leaders. Stock tokens meet this need perfectly: they turn "hot stocks" from just headlines into assets that can be continuously tracked and traded in a higher-frequency market environment.

Of course, the core of stock tokens remains price participation, not a substitute for traditional equity ownership. More precisely, they are a tool that re-packages popular global assets into a digital asset trading logic: users care about price changes, theme rotations, and asset allocation efficiency, and Gate provides an entry point better suited to this rhythm. For users already accustomed to crypto markets, this product is especially suitable during times of AI themes, chip volatility, and frequent switching among tech giants.

Conclusion: Hot stocks are still here, but the market is more selective

Overall, recent market trends show that AI and chips are not retreating but entering a phase that requires more discernment and filtering. Strong employment data, changing rate hike expectations, Broadcom's earnings fluctuations, Nvidia's new cooperation in Korea, and the continued concentration of global funds on tech giants all point to the same fact: the market is still chasing AI but no longer blindly.

In this environment, the significance of Gate's stock token section becomes even clearer. It brings popular stocks like Tesla, Apple, Amazon, NVIDIA, Meta, Robinhood, Coinbase, Alphabet into a tradable scene that is closer to digital assets and accessible 24/7. For users who want to keep up with the rhythm of hot stocks while maintaining higher flexibility, these products are becoming an important channel connecting the global tech mainline with Web3 trading experiences.