#美股AI概念股普涨

① Market Review and Driving Logic
Event Recap: Intel’s Over 3 Million AI Chip Orders Spark the Rally
Looking back at last Friday’s (“Black Friday,” June 5), Intel’s stock once fell by more than 7% and panic spread across the market. Yet within just a weekend, the story delivered a stunning reversal. On the news front, Google placed an order for more than 3 million TPU AI chips from Intel, with plans for delivery in 2028, while Nvidia is also testing Intel’s technology to manufacture a new kind of processor that integrates four graphics chips.
Immediately afterward, Micron Technology surged 9.87%, Nvidia followed with a 1.73% gain, the Philadelphia Semiconductor Index rebounded by nearly 6%, and storage bellwether Micron’s CEO even said bluntly, “The essence of the AI race is a storage race,” puncturing the key mystery in one sentence.
Macro Game: The Tug-of-War Between Rate Hike Clouds and the AI Market
But behind this rebound lies a more complex macro structure. The current macro environment is marked by a contradiction: on the fundamentals side, SIA data shows that in April, global chip sales rose 93.9% year over year to $110.5 billion, marking the 14th consecutive month of month-over-month growth. It is expected that by 2026, global semiconductor sales will reach $1.5 trillion, achieving the target faster than earlier expectations. However, in terms of valuation, the S&P 500’s Shiller P/E is as high as 42.04, far above the historical average—tech stock valuations are indeed elevated. And on the interest-rate front, CME data showed that the probability of the Federal Reserve raising rates at some point before the end of 2026 once climbed to 70%. The interest-rate futures market has fully priced in the probability of a 25 basis point rate hike before December, which clearly weighs on high-valuation tech stocks.
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① Institutional Debate: A “Chip Tactics” Game Under Divergent Views
The views of three representative institutions show clear differences, confirming the current state of divergence in the market:
💡 Multi-Head Camp: Motley Fool
Recommends Nvidia, Broadcom, TSMC, and Micron as top picks, on the grounds of “strong earnings momentum,” while acknowledging valuation risks.
💡 Cautiously Optimistic: Ping An International
Expects high-level U.S. stocks to remain range-bound in the second half of 2026, with limited room for valuation expansion; upside depends on earnings revisions higher. In terms of allocation, it focuses on AI as the core main line, balancing hardware certainty with software flexibility.
💡 Chip Distribution Camp: Cathie Wood
In the first 5 months of 2026, it carried out intensive portfolio rebalancing—cutting TSMC by about $40.6 million and taking profits on AMD—while building positions in the wafer-level AI inference chip company Cerebras by more than $25 million. The logic points to AI compute demand shifting from large-scale model training toward high-frequency, low-cost inference.
Wood’s actions are especially worth close attention because in 2026 she gave up chasing the “second bubble” in the training-chip sector and instead bet on the inference boom period. She expects that in 2026-2027, the inference chip market’s growth rate will surpass that of training chips for the first time. This judgment provides an important reference value for how individual investors’ holdings may diverge.
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② Three AI Infrastructure Charts: The “Dimensionality Reduction” in the Energy Track Has Emerged
The core logic of the AI industry chain can be summarized into a three-tier architecture:
Compute Layer: Nvidia’s FY2026 revenue is expected to grow 65% year over year. The four major global cloud service providers’ total capital expenditures are about $700 billion, driving continued release of demand for GPUs, HBM, and advanced process technology. SanDisk’s cumulative gain since 2025 has exceeded 3640%.
Storage Layer: This year, the storage sector’s rally is the most visually striking. After SanDisk was included in the Nasdaq 100, it continued soaring to about $1410. Lumentum, which produces optical components for high-speed transmission of AI data centers, rose by more than 145% after being added to the S&P 500 this year.
Energy Layer: This is the most imaginative mid-term track, yet it was still seriously underestimated in the June 8 market move. AI data centers’ power per cabinet rose from the traditional 5-15 kW to 50-100 kW, and electricity consumption is expected to double by 2030. Traditional power grid expansion takes 5-7 years, and gas turbine orders are already queued through 2029. Representative stock GE Vernova had orders reaching $59 billion in 2025, with backlog orders increasing to $150 billion. Bloom Energy’s fuel cells can compress the contract-to-supply-to-power timeline to 55 days, and Q1 revenue grew 130% year over year. When most capital remains highly concentrated in the compute layer and storage layer, the energy layer actually offers a larger mid-term expectation-gap.
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② Gate Trading Opportunities and Core Picks
① Target Recommendation Framework
Type / Target / Gate Code / Core Logic
Industry Leader / Nvidia / NVDA / Core beneficiary of AI compute power; the four major cloud providers’ capital expenditure is about $7000 billion
Leading Partner / Broadcom / AVGO / Beneficiary of custom AI chips; a key core partner for Google and Meta’s dedicated chips
Flexible Pick / Micron / MU / Micron’s CEO emphasizes “storage is the essence of the AI race,” and the storage sector is boosted by new AI demand
Potential Breakout / SanDisk / WDC/SanDisk / Significant gains within the year; attention rises quickly after inclusion in Nasdaq 100
Edge Research / Bloom Energy / BE / A differentiated target that breaks through energy bottlenecks; contract-to-power delivery time is only 55 days
🔹 TSMC (TSM) and Cathie Wood’s Divestment Mismatch: Motley Fool still lists TSMC as a top pick, and Ping An International also recommends watching for investment opportunities in TSMC’s wafer foundry outsourcing cycle upturn. However, Wood has sold about 100,000 shares at roughly $40.6 million in proceeds.
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Advantages and Notes for the Gate Platform
Gate’s stock section provides direct USDT trading of U.S. stocks, without the need to exchange currencies or switch between multiple accounts. You can participate with as little as $1 to trade expensive targets such as Nvidia. The same interface allows you to manage both crypto assets and stock assets, making cross-market allocation more flexible.
⚠️ Important Risk Reminder: This week, the market faces two key variables: the May CPI/PPI inflation reports and SpaceX’s $7.5 billion IPO. If inflation data comes in above expectations, further sell-offs may be triggered. The long-term logic of the AI sector remains unchanged, but short-term volatility in June-July is expected to stay high. It is recommended to build positions in batches, avoid chasing highs, manage your position size reasonably, and closely monitor CPI data and statements from Federal Reserve officials.