The AI sector is seeing significant activity across multiple fronts. Cathie Wood's Ark Invest is making substantial investments in Taiwan Semiconductor Manufacturing (TSMC), a key chip supplier for AI giants like Nvidia and Apple, anticipating continued growth with TSMC's expansion plans in the U.S. Apple is exploring a potential partnership with Perplexity AI to enhance Siri's capabilities and reduce reliance on Google. Meanwhile, travel stocks, including Booking Holdings, are on the rise, with Booking leveraging AI to improve user experiences across its platforms. SNS Network Technology Bhd reported a record profit increase of 285.2%, driven by strong sales of ICT hardware and AI systems. Palantir and Nvidia are both experiencing growth, with Palantir's revenue up 39% due to its Artificial Intelligence Platform (AIP), while Nvidia leads in AI chips. The Invesco QQQ Trust ETF (QQQ), with top holdings including Microsoft, Nvidia, and Apple, is attracting significant investment from Wall Street elites. However, not all AI ventures are thriving, as Builder.ai's founder Sachin Dev Duggal made $20 million from share sales before the company faced bankruptcy. BigBear.ai's stock jumped 25% due to interest in AI and defense firms, despite concerns about revenue growth and expenses. Nvidia's stock is climbing, fueled by projections of massive AI data center spending, with Loop Capital Markets setting a price target of 250. The broader market is also seeing AI stocks surge amid easing geopolitical tensions, benefiting companies like AMD and Broadcom.
Key Takeaways
- Cathie Wood's Ark Invest is heavily investing in Taiwan Semiconductor Manufacturing (TSMC), a key supplier for Nvidia and Apple.
- Apple is considering partnering with Perplexity AI to enhance Siri and reduce reliance on Google.
- Booking Holdings is using AI to improve travel and dining experiences across its brands.
- SNS Network Technology Bhd reported a 285.2% revenue increase due to strong AI hardware sales.
- Palantir's revenue grew 39% due to its Artificial Intelligence Platform (AIP).
- Nvidia's stock is rising, with Loop Capital Markets setting a price target of 250, driven by AI data center spending projections.
- The Invesco QQQ Trust ETF (QQQ), with top holdings including Microsoft, Nvidia, and Apple, is attracting significant investment.
- Builder.ai's founder made $20 million from share sales before the company faced bankruptcy.
- BigBear.ai's stock rose 25% due to interest in AI and defense firms.
- AI stocks, including Nvidia and AMD, are surging amid easing geopolitical tensions and hopes for Federal Reserve rate cuts.
Cathie Wood bets big on Taiwan Semiconductor stock for AI growth
Cathie Wood's Ark Invest is heavily investing in Taiwan Semiconductor Manufacturing (TSMC). TSMC makes the chips for AI companies like Nvidia and Apple. TSMC's revenue grew 35% in Q1 2025, and it expects about 20% growth through 2029. Wood sees TSMC as a good value, especially with its new facility in Arizona and plans to invest $165 billion more in the U.S. for AI.
Cathie Wood bets big on Taiwan Semiconductor stock for AI growth
Cathie Wood's Ark Invest is heavily investing in Taiwan Semiconductor Manufacturing (TSMC). TSMC makes the chips for AI companies like Nvidia and Apple. TSMC's revenue grew 35% in Q1 2025, and it expects about 20% growth through 2029. Wood sees TSMC as a good value, especially with its new facility in Arizona and plans to invest $165 billion more in the U.S. for AI.
Apple's AI strategy may include Perplexity deal for Siri upgrade
Apple may partner with Perplexity AI to boost its AI capabilities. Bank of America analyst Wamsi Mohan suggests this deal could improve Siri and reduce Apple's reliance on Google for search. The deal could also give Apple access to AI talent and help create new products. Mohan maintains a "Buy" rating on Apple stock with a $235 price target.
BigBear.ai stock jumps 25% Is it worth buying now
BigBear.ai's stock rose 25% due to interest in AI and defense firms. The company provides AI solutions to the U.S. defense and government sectors. Analysts are somewhat positive about the stock. BigBear.ai has a $165 million contract with the U.S. Army and a $385 million contract backlog. However, some are concerned about modest revenue growth and rising expenses.
Travel stocks rise after Israel-Iran ceasefire Booking Holdings gains
Travel stocks, including Booking Holdings, increased after President Trump announced a ceasefire between Israel and Iran. Booking Holdings is using AI to improve travel and dining experiences through its brands like Booking.com, Priceline, and OpenTable. The company's AI efforts include AI assistants and personalized recommendations. Booking Holdings has a market capitalization of over $176 billion, surpassing Expedia's $21 billion.
SNS Network sees record profits thanks to AI hardware sales
SNS Network Technology Bhd reported a record net profit of RM10.24 million in 1QFY26. Revenue reached RM822.75 million, up 285.2% from last year, driven by strong sales of ICT hardware and AI systems. The company's focus on AI infrastructure is boosting growth. They declared an interim dividend of 0.25 sen per share. SNS Network expects continued growth in FY26 due to demand for AI servers and upgrades to newer technology.
Palantir vs Nvidia Which AI stock is a better buy
Palantir and Nvidia are both successful AI companies. Palantir's revenue grew 39% due to its Artificial Intelligence Platform (AIP). Nvidia leads in AI chips, with sales growing 69%. Palantir is expanding with new AI products like Warp Speed. Nvidia is developing new AI tech like Vera Rubin. Nvidia's P/E ratio is lower, suggesting it's a better value investment.
AI stocks surge as Middle East tensions ease investors cheer
AI stocks are driving a market rally due to easing tensions in the Middle East and hopes for Federal Reserve rate cuts. Chipmakers like Nvidia, AMD, and Broadcom are seeing gains. The market is reacting positively to signs of stability and potential economic stimulus. Companies like Tesla, Uber, and Salesforce are launching AI applications. This real-world AI deployment is fueling investor enthusiasm.
Wall Street elites invest billions in AI-powered Invesco QQQ ETF
Billionaire hedge fund operators are investing heavily in the Invesco QQQ Trust ETF (QQQ). This ETF tracks the Nasdaq-100 Index and is becoming a popular way to invest in AI. Investors like Steven Cohen, Ken Griffin, and Paul Tudor Jones have increased their stakes in QQQ. QQQ's top holdings include Microsoft, Nvidia, and Apple, all leaders in AI. The ETF offers diversified exposure to the AI sector with low fees.
Builder.ai founder Sachin Dev Duggal made $20M from share sales
Sachin Dev Duggal, founder of Builder.ai, made at least $20 million by selling shares in the company. Builder.ai, a tech startup backed by Microsoft, promised to use AI for app development. Duggal's investment firm, SD Squared Ventures, sold shares before 2023. The company filed for bankruptcy after an investigation found issues with revenue reporting. Ion Pacific, an investment firm, also provided Duggal with funds secured against his shares.
Nvidia stock climbs toward buy point amid AI 'golden wave'
Nvidia stock is rising as analysts predict strong AI data center spending. Loop Capital Markets raised its price target for Nvidia to 250. The firm believes AI data center spending could reach $2 trillion by 2028. Nvidia stock hit a record high and regained its position as the largest company by market capitalization. Analysts say Nvidia is benefiting from the rise of AI and has pricing power.
Sources
- Cathie Wood Is Doubling Down on This AI Stock. Should You?
- Cathie Wood Is Doubling Down on This AI Stock. Should You?
- Apple’s (AAPL) Next Big AI Move? Analyst Sees Game-Changing Potential in Perplexity Deal
- Should You Chase BigBear.ai Stock (BBAI) After a 25% Spike?
- Israel-Iran Ceasefire Lifts Travel Giant. But That's Not All.
- SNS Network registers record profit in 1Q on strong ICT hardware, AI sales
- Better Artificial Intelligence Stock: Palantir vs. Nvidia
- From Middle East Tensions to Market Euphoria: Why AI Stocks Keep Winning
- Why Are Wall Street’s Elite Pouring Billions Into This AI-Powered ETF?
- Builder.ai ‘Chief Wizard’ Sachin Dev Duggal made $20mn in share sales
- Nvidia Stock Inches Toward Buy Point. 'Golden Wave' Of Gen AI Seen.