Chip Stocks Rebound After Nvidia Raises Stake in Nebius as Alphabet Earnings Loom

Overview

• Chip names including Nvidia, AMD and Micron staged a recovery on Monday as investors returned to bets on AI-driven demand for processors and memory.
• Nvidia disclosed it had increased its ownership stake in Nebius Group, which sent Nebius shares sharply higher and signaled the company’s strategic push into AI cloud infrastructure.
• General Motors reported stronger-than-expected quarterly results and raised its full-year profit outlook, a development that helped lift broader market sentiment on Monday.
• Brent crude stayed above $90 per barrel, keeping inflation and cost pressures on investors’ minds and posing a risk to corporate profit margins and market gains.
• Analysts say the rally needs strong earnings and forward guidance to hold, and Alphabet’s imminent quarterly report is viewed as the decisive test of whether heavy AI spending will drive broader revenue growth.