NVIDIA, the top stock by trading volume on Thursday, closed up 1.02%, with a turnover of $21.115 billion. This marks the seventh consecutive day of gains for the stock. Analysts noted that after months of subdued performance, NVIDIA's share price has rebounded again and is approaching a breakout from its narrow trading range, which should be viewed as a bullish signal. The chip giant's stock has risen more than 10% over the past seven trading sessions, its longest winning streak since October. Prior to this, the stock experienced an extended period of stagnation, with its price largely flat from September 2025 until the end of last month. BTIG Chief Market Technician Jonathan Krinsky stated, "If NVIDIA can break above $185 and sustain that level, I believe capital is ready to flow back in. Its long-term trend remains positive."

Tesla, ranked second by volume, closed up 0.68%, with a turnover of $21.022 billion. ARK Invest, led by Cathie Wood, continued to add shares of the electric vehicle manufacturer during a period of share price weakness, increasing its portfolio's exposure to Tesla. The firm executed a purchase of nearly $11.4 million worth of Tesla stock through its flagship ARK Autonomous Technology & Robotics ETF. This purchase of approximately 33,200 Tesla shares follows two consecutive days of buying by ARK Invest, totaling around $16.4 million. Total Tesla stock purchases for the week thus far have reached approximately $27.8 million. Tesla's share price has declined nearly 24% since January amid market concerns over delivery figures and the company's overall strategic direction. Wood's strategy for Tesla stock is based on the expectation that the automaker will evolve into a platform driven by software and autonomous driving services. If the business shifts towards profit margins more typical of a technology company, Tesla's valuation would find support. Tesla's stock is also closely tied to the company's expanding role in chip production through its Terafab manufacturing facility in Texas.

Micron Technology, ranked third, closed up 3.64%, with a turnover of $17.493 billion. UBS raised its price target for Micron Technology from $510 to $535.

Amazon.com, ranked fourth, closed up 5.60%, with a turnover of $14.953 billion. Amazon is heavily invested in developing its own custom chips, with CEO Andy Jassy stating that this business has surpassed $20 billion in annualized revenue and continues to grow rapidly. In his latest letter to shareholders, Jassy clarified that the company's planned $200 billion in capital expenditures for 2026 is not a gamble. He pointed to strong customer demand and existing commitments, particularly within AWS, where capacity is quickly snapped up as soon as it becomes available. AWS has reached $142 billion in annualized revenue with a growth rate of 24%, but Jassy indicated that even this is insufficient to meet demand, which remains constrained. A significant part of this story involves Amazon's custom chips, including Graviton, Trainium, and Nitro. AI-related revenue alone has now surpassed $15 billion, and Jassy suggested that if sold externally, the chip business could resemble a $50 billion enterprise. Currently, most chips are used internally within AWS, but external demand clearly exists. The newer Trainium chip has gained strong market traction, offering better price-performance, with much of its capacity already reserved.

Palantir Technologies Inc., ranked sixth, closed down 7.30%, with a turnover of $12.006 billion. Palantir's stock fell 7.3% on Thursday, its second consecutive day of significant decline, after prominent investor Michael Burry posted on platform X, questioning the company's positioning in the enterprise AI competitive landscape. In his post, Burry stated that "Anthropic is eating Palantir's lunch," adding that the competitor is gaining ground by offering enterprises "simpler, cheaper, more intuitive solutions," while Palantir remains more reliant on government projects, which he described as "low-margin and small-scale." Burry also highlighted Anthropic's rapid expansion, noting it grew its annualized recurring revenue from $9 billion to $30 billion within months, a level that took Palantir much longer to achieve.

Intel, ranked ninth, closed up 4.70%, with a turnover of $9.345 billion. The gain followed an announcement by Alphabet that it will deploy multiple generations of the chipmaker's processors in its data centers to run AI workloads. The expansion of this partnership indicates growing demand for central processing units in a market largely dominated by specialized graphics chips, from which Intel stands to benefit. The internet giant plans to use Intel's latest Xeon 6 processors for AI training and inference tasks. Intel executives noted that as AI applications become more complex, balanced computing systems that pair accelerators with powerful general-purpose chips are becoming increasingly critical. Intel has been supplying server processors to Alphabet for nearly three decades. Alphabet's Chief Technology Officer for AI Infrastructure stated that Intel's product roadmap provides confidence in meeting performance and efficiency goals. Intel CEO Pat Gelsinger added that effective AI scaling requires more than just accelerators. Intel did not disclose the financial terms or deployment timeline for the collaboration.

CoreWeave, Inc., ranked fifteenth, closed up 3.49%, with a turnover of $5.957 billion. CoreWeave has expanded its latest agreement to supply AI computing infrastructure to Meta Platforms, Inc., Facebook's parent company, to a value of up to $21 billion. This new agreement builds upon a $14.2 billion cloud computing deal signed by the two companies in September. CoreWeave will provide computing capacity through 2032, deepening its business relationship with the social media giant, which is striving to catch up with AI leaders like Anthropic and OpenAI in the race to develop cutting-edge large language models.

Marvell Technology, ranked nineteenth, closed up 4.79%, with a turnover of $3.868 billion. Management, during its Q4 2026 fiscal year earnings report, projected fiscal year 2027 revenue to reach $11 billion, representing growth of over 30% year-over-year. The midpoint of its Q1 revenue guidance is $2.4 billion. The market will closely monitor whether quarterly results meet or exceed these expectations, particularly the target for its data center business to grow 40% year-over-year.