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Nvidia and other AI Plays Are Roaring Back

Wall Street turned to a familiar playbook this week as Nvidia and other artificial intelligence-linked stocks soared in the latest rotation back to risk.

The Nasdaq 100 was up 1.8%, on track to end the day with a 2025 gain of 1.1%. The S&P 500 was up 1%, even though just under half of its member stocks were falling.

Among its leaders were the usual AI suspects like Super Micro Computer, up 15%, Palantir Technologies, up 9.2%, and Vistra, up 6.6%. Nvidia was also leading the Magnificent Seven group with a gain of nearly 6%.