NVIDIA, ranked first in trading volume on Wednesday, closed up 1.63% with a turnover of $30.182 billion. The company and Meta Platforms announced a multi-year agreement for NVIDIA to supply "millions" of next-generation GPUs, along with its Grace CPU and Spectrum-X networking products, to support Meta's AI data center expansion in the US, reinforcing NVIDIA's platform leadership.

Richard Windsor, founder of research firm Radio Free Mobile, viewed the expanded collaboration as a sign that "the shift of data centers to Arm is accelerating." In a report issued Wednesday, he stated this development represents "bad news" for Intel, whose x86 CPU architecture competes with Arm's namesake architecture, calling the deal an "Intel killer."

Tesla, the second most actively traded stock, closed 0.17% higher with a turnover of $18.849 billion. Following a determination by the California Department of Motor Vehicles that its advertising was misleading, Tesla has ceased using the term "Autopilot" in its marketing within the state and has added the word "supervised" before "Full Self-Driving," thereby avoiding a potential 30-day suspension of its California dealer license.

SanDisk, ranked third, closed up 1.66% with a turnover of $14.895 billion. Western Digital will sell a portion of its stake in SanDisk for $3.17 billion.

Micron Technology, in fourth place, closed 5.3% higher with a turnover of $13.364 billion. NVIDIA announced that Micron's Persistent Systems is using NVIDIA's BioNeMo and NeMo Agent toolkits to accelerate AI-powered molecular discovery processes.

Apple, ranked eighth, closed up 0.18% with a turnover of $8.884 billion. Apple stated this week that users will soon be able to use artificial intelligence to create playlists in Apple Music. The feature, called "Playlist Playground," utilizes Apple Intelligence to transform text prompts into playlists complete with cover art, descriptions, and 25 songs. Included in the iOS 26.4 beta released Monday, it is set for a broader rollout this spring. This new Apple Music functionality will compete with similar offerings from Spotify Technology SA.

Alphabet's Class A shares (Google), ranked ninth, closed 0.43% higher with a turnover of $4.762 billion. Both Google and Apple are introducing generative AI features for music into their core consumer applications, highlighting the progression of advanced AI tools into mainstream use.

In a blog post Wednesday, Google announced that its Gemini AI assistant can now generate 30-second music tracks using Google DeepMind's latest Lyria 3 model, based on text, photos, or videos uploaded by users. The feature can produce custom lyrics or instrumental audio, will be available to users aged 18 and over, and supports multiple languages. Google stated the new capability will debut on the Gemini desktop version and arrive on the mobile app in the coming days.

Google also mentioned that its popular image generation model, Nano Banana, will create custom cover art for the musical pieces, adding a visual element when users share track links.

Palantir, ranked tenth, closed up 1.77% with a turnover of $8.16 billion. As efforts to establish South Florida as a tech hub intensify, the company has relocated its headquarters from Denver to Miami. This follows a previous move from Palo Alto, and the company continues to expand its government and defense contracts.

Walmart, ranked thirteenth, closed down 1.73% with a turnover of $4.606 billion. Neil Saunders, Managing Director and retail analyst at GlobalData, remarked that Walmart CEO John Furner's task is to "steady the ship." Walmart is scheduled to report its fiscal 2026 fourth-quarter earnings on Thursday.

Palo Alto Networks, ranked fifteenth, closed down 6.82% with a turnover of $4.055 billion. The company reported adjusted earnings per share of $1.03 for the second fiscal quarter, surpassing market expectations of $0.94. Total revenue reached $2.594 billion, a 15% year-over-year increase. However, the company projected third-quarter adjusted EPS between $0.78 and $0.80, below the prior expectation of $0.92. For the full year, it expects adjusted EPS in the range of $3.65 to $3.70, lower than the previous forecast of $3.87.