AI Chip Rotation and Expanding Big Tech AI Infrastructure Partnerships

테크주 | Mon Jul 06 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 7 sources

Semiconductor rotation among AMD, Intel, and Micron accelerated alongside expanding AI infrastructure partnerships involving Qualcomm, Meta, and CoreWeave.

Analysis

[AMD, Intel] significantly outperformed Nvidia in H1 2026 ^[5]^[6]

AMD gained 171% in H1
Intel surged 278% in H1
Nvidia rose only 7.2%
Rotation occurred among AI chip stocks

[Micron Technology] raised price target to $1,500 on AI memory supercycle ^[7]

Stock up 740% over the past 12 months
Q3 revenue grew 345% to $41.5B
Adjusted EPS surged over 1
300%
Data center revenue run rate at $100B
Analyst price target set at $1
500

[Nvidia] targeted $200B CPU market entry with attractive valuation ^[5]^[6]

Forward P/E of 21.7
in line with S&P 500
Undervalued vs. 2-year average of 34x
Next quarter revenue expected to grow 96% YoY
Growth expansion through CPU market entry

[Qualcomm] signed multi-generation data center CPU supply deal with Meta and expanded Hugging Face partnership ^[3]^[4]

Multi-generation data center CPU supply agreement with Meta
Collaboration with Hugging Face to accelerate open AI development
Full-scale entry into AI infrastructure market

[Meta Platforms] grew revenue 33% via AI ad integration despite 12% stock decline ^[6]

Q1 revenue up 33% YoY
Highest growth rate among Big Tech
Improved ad efficiency through AI ad tool integration
Stock down 12% in 2026

[CoreWeave, DigitalOcean] secured new AI cloud partnerships and Russell 1000 inclusion ^[1]^[2]

CoreWeave signed as official AI cloud provider for BattleBots
DigitalOcean added to Russell 1000 index
DOCN stock surged 350%

AI Chip Rotation and Expanding Big Tech AI Infrastructure Partnerships

Analysis

Sources