#TradeOfTheWeek #TradeOfTheWeek: Tech Stocks Surge on AI Momentum
This week’s standout trade centers around tech stocks, particularly those linked to artificial intelligence. Shares of NVIDIA, AMD, and Microsoft saw strong gains as investors reacted to new AI product announcements and robust earnings reports. NVIDIA led the charge with a 12% jump after unveiling its next-generation AI chip. Traders capitalized on the momentum, with options volume hitting record highs. The rally highlights growing investor confidence in AI's long-term potential. For short-term traders, the breakout offered prime entry points, while long-term investors see continued upside. This week proved that AI remains the dominant force driving tech sector growth.