TSMC (NYSE: TSM), the world's largest and most advanced contract chipmaker, might not initially seem like a high-growth artificial intelligence (AI) stock. Yet over the past five years, its shares have rallied by more than 170% as AI chipmakers lined up to use its plants. Let's see why it could still be one of the best AI stocks hiding in plain sight for 2026 and beyond. Why is TSMC a top AI stock? TSMC, based in Taiwan and operating plants in other countries, manufactures the world's smallest, densest, ...

Market Overview - The U.S. stock market showed mixed results with the Dow Jones up by 0.46%, while the Nasdaq fell by 0.31% and the S&P 500 increased by 0.09% [1] - Major tech stocks experienced varied performance, with Nvidia rising by 0.7% and Amazon and Apple both declining by over 1% [3] Semiconductor Sector - Storage concept stocks continued to perform well, with Seagate Technology rising by 11%, Western Digital by over 8%, SanDisk by over 8%, and Micron Technology by over 3% [3] - Micron Technology announced that its new NAND flash wafer plant is on track to begin shipments in the second half of 2028, with HBM4 customer shipments expected to increase in the first quarter of 2028, one quarter ahead of schedule. The CFO indicated that market demand exceeds supply, and this tight supply situation is expected to persist until after 2026 [3] Retail Sector - Major U.S. retailers saw collective gains, with Walmart rising over 2% to reach a historical high, Macy's up nearly 4%, Kohl's up nearly 3%, and Ross Stores up over 2% [4] - McDonald's reported a 9.5% year-over-year revenue increase to $7 billion for the fourth quarter, with adjusted earnings per share of $3.12, exceeding expectations [4] Software Sector - Software stocks faced significant sell-offs, with Cisco's stock plummeting over 9%, marking its largest drop in 2023. Despite an increase in AI demand leading to an upward revision of annual guidance, the gross margin guidance for the current quarter fell short of expectations [4] - Other software stocks showed mixed results post-earnings, with Fastly surging over 60%, HubSpot up over 10%, and Applovin dropping over 14% [4][5] Chinese Stocks - Chinese stocks listed in the U.S. experienced a collective decline, with the Nasdaq Golden Dragon China Index falling by 1.4%. Tencent Music dropped nearly 6%, while other companies like Huya, Boss Zhipin, and Beike fell over 4% [6] Commodity Market - Precious metals saw a decline, with spot gold down by 0.37% at $5065 per ounce and spot silver down by 1.43% at $83 per ounce [8] - International oil prices also fell, with Brent crude futures down about 1% to $68.75 per barrel and WTI crude futures down about 1% to $63.99 per barrel [8] Cryptocurrency Market - The majority of cryptocurrencies saw an increase, with Bitcoin rising by 0.96%, remaining below $68,000. In the last 24 hours, 118,000 individuals experienced liquidations [10][11]

Market Overview - The U.S. stock market opened higher but then retreated, with the Nasdaq down 0.71%, the Dow Jones up 0.13%, and the S&P 500 also turning negative, with over 3,200 stocks declining [1] - Last week, initial jobless claims in the U.S. were reported at 227,000, higher than the forecast of 224,000 and the previous value of 231,000 [3] Technology Sector Performance - The performance of the "Magnificent Seven" tech stocks was mixed, with Nvidia and Google slightly up by 0.1%, while Tesla, Microsoft, Meta, Amazon, and Apple saw declines, with Apple nearing a 2% drop and its market cap falling below $4 trillion [3] - Semiconductor stocks experienced volatility, with SanDisk rising over 5% and Micron Technology up over 2% [3] Chinese Stocks - Chinese stocks listed in the U.S. faced widespread declines, with the Nasdaq Golden Dragon China Index dropping nearly 2%. Notable declines included Huya down over 7%, Tencent Music down over 6%, and Beike down over 4% [5] Trading Volume and Market Dynamics - The average daily trading volume in the U.S. stock market reached a record $1.03 trillion in January, a 50% increase compared to the same period in 2025, with over 19 billion shares traded daily, marking the second-highest in history [8] - The rise in trading volume is attributed to increased retail participation, the popularity of "zero-day-to-expiration" options, and a significant shift in investor focus from tech giants to underperforming sectors like energy and industrials [8] Hedge Fund Activity - Hedge funds have significantly increased their short positions in U.S. stocks, with the nominal short selling of individual stocks reaching the highest level since 2016. Short positions are now double the long positions [9] - Concerns over the disruptive impact of artificial intelligence on business models have led to a tumultuous week on Wall Street, with a total market value loss of $611 billion across 164 stocks in software, financial services, and asset management [9] Sector Rotation - The semiconductor and IT services sectors were among the few to see net buying last week, with semiconductor stocks rising, highlighting a divergence between chip stocks and software stocks [10] - Hedge funds are rotating into defensive sectors, with healthcare becoming the most favored sector for fund inflows, surpassing industrials [10]

Core Insights - NVIDIA Corporation is recognized as a leading machine learning stock, particularly due to its pivotal role in the AI ecosystem alongside OpenAI [1] - Recent reports indicate that NVIDIA is nearing a $20 billion investment in OpenAI, which could significantly impact the industry [2] - OpenAI is seeking $100 billion in new funding, with discussions already in place with Amazon and SoftBank for substantial investments [3] Group 1: Investment Developments - NVIDIA's potential $20 billion investment in OpenAI is nearing completion, as reported by Bloomberg [2] - Previous discussions indicated a possible $100 billion investment from NVIDIA, but CEO Jensen Huang clarified that this was never a firm commitment and emphasized a step-by-step investment approach [3] Group 2: Company Overview - NVIDIA is a fabless semiconductor and AI computing company that specializes in designing GPUs, AI accelerators, APIs, and system-on-a-chip units [4] - The company's CUDA ecosystem supports various industries, enhancing AI, accelerated computing, and data center infrastructure [4] Group 3: Market Position - NVIDIA has established itself as a central player in machine learning, with its GPUs being the standard for training and running AI models [5] - While NVIDIA is a strong investment option, there are other AI stocks that may present greater upside potential with less risk [5]

Group 1 - Nvidia stock experienced an increase in early trading on Thursday, indicating positive investor sentiment ahead of its upcoming earnings report [1] - The chipmaker is testing the upper end of its recent trading range, suggesting potential volatility as investors position themselves [1]

（文章来源：每日经济新闻） 每经AI快讯，2月12日，英伟达持仓概念股NEBIUS绩后低开高走，现转涨，此前一度跌超9%。 ...

英伟达持仓概念股NEBIUS绩后低开高走，现转涨，此前一度跌超9%。 来源：滚动播报 ...

Group 1: AI Industry Overview - The artificial intelligence boom is significant, with Alphabet's Waymo providing 400,000 autonomous rides per week and tech giants planning to invest hundreds of billions in AI computing infrastructure by 2026 [1] - Nvidia and Tesla are identified as pivotal players in the AI race, with Nvidia supplying essential chips and Tesla integrating AI into autonomous vehicles and robotics [2] Group 2: Tesla's Business Performance - Tesla's 2025 vehicle deliveries are projected at approximately 1.6 million, reflecting a 9% year-over-year decline due to high interest rates and a lack of clear catalysts [6] - The company's full-year revenue decreased by 3% year-over-year, and earnings per share fell by 47% [6] Group 3: Tesla's Growth Opportunities - Tesla's energy business is experiencing rapid growth, with total energy storage deployed in 2025 increasing by 49% year-over-year to 46.7 gigawatt hours, leading to a 27% revenue growth in the energy segment, totaling around $12.8 billion [7] - The rollout of Tesla's autonomous ride-sharing service, Robotaxi, is progressing, with pilot programs active in Austin and the San Francisco Bay area, and the company is testing driverless Robotaxis [8]

Group 1: Company Overview - Lumentum Holdings is an optical and photonic products company based in San Jose, California, providing products to the cloud, networking, and industrial sectors [3] - The company has a market capitalization of approximately $40.1 billion and an enterprise value of $42.1 billion, positioning itself as a "mission critical" supplier for artificial intelligence infrastructure [3] Group 2: Stock Performance - Lumentum's stock has experienced significant growth, trading at $556, with a 52-week range of $45.65 to $599.50, and has seen an increase of over 600% in weighted alpha, outperforming the S&P 500 Index [4] - The stock's relative strength is at 74.39, indicating strong performance [4] - Institutional ownership of the stock exceeds 94%, with a short float of 15.8% [6] Group 3: Financial Performance - In fiscal Q2 2026, Lumentum reported revenue of $665.5 million, a substantial increase from $402.2 million in the same period last year [7] - The company's GAAP diluted EPS was $0.89, while its non-GAAP diluted EPS was $1.67, compared to $0.42 in the year-ago period [7] - Lumentum's GAAP gross margin improved to 36.1%, and its non-GAAP gross margin rose to 42.5%, reflecting significant margin improvement [7] Group 4: Market Trends and Future Outlook - The pace of investment in artificial intelligence infrastructure is accelerating, with increasing interest in companies like Lumentum that enable next-generation networking [1] - Nvidia's recent launch of the Quantum-X and Spectrum-X scale-out switch is expected to drive further adoption of optical interconnection technology, benefiting optical component companies like Lumentum [2] - The anticipated arrival of the next-generation 115.2T CPO switch in 2026, along with supply chain acceleration through 2027, is expected to positively impact Lumentum [2]

Market Overview - The stock market has experienced a slight sell-off, but the S&P 500 is only down a few percentage points from its all-time high, indicating that it is not a full-blown market sell-off [1] - A more accurate description would be a tech stock sell-off, as many tech stocks have seen significant declines from their recent highs [2] Microsoft - Microsoft (NASDAQ: MSFT) reported a 17% year-over-year revenue growth to $81.3 billion and a 21% increase in operating income to $38.3 billion, but the market's expectations seem to be higher [3] - The current forward price-to-earnings ratio for Microsoft is the lowest it has been in the past three years, suggesting it is a good time to invest in the stock [4] Nvidia - Nvidia (NASDAQ: NVDA) is trading at 24 times forward earnings, which is comparable to the S&P 500's 21.8 times forward earnings, indicating it may not be overvalued despite perceptions of slowing growth [5] - Major companies like Amazon, Alphabet, and Meta Platforms are planning significant capital expenditures totaling over $500 billion, which will benefit Nvidia [6] - Wall Street analysts project a 52% growth for Nvidia by fiscal 2027, presenting a rare investment opportunity for a stock with such high growth potential at a market-average valuation [7]