Overview
- US technology and AI shares have rebounded in recent days, pushing the Nasdaq back toward all-time highs.
- Sentiment brightened as an extended Iran ceasefire eased war worries and steady signs of strong AI demand boosted confidence.
- Market commentary says many buyers are chasing anything labeled AI, even as some voices caution about bubble risks.
- Dell CEO Michael Dell told Semafor he does not see a bubble because demand for AI far exceeds available supply.
- Nvidia sits at the center of the rally, and investors will parse results from Alphabet, Microsoft, Amazon, Meta, and Apple this week for proof that AI spending is lifting revenue and profits.