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MarketBeat
MarketBeat
Leo Miller

These are the 3 Biggest AI Winners and Losers of 2026

Atlassian SanDisk Applied Applied Optoelectronics Artificial Intelligence MarketBeat Trendforce

In 2026, the market has very clearly established which stocks it believes are artificial intelligence (AI) winners and losers. Software stocks in general have taken a big toll, but some are being affected by AI-driven fears more than others. Meanwhile, some hardware stocks are putting up monstrous returns, even as huge names like NVIDIA (NASDAQ: NVDA) have stalled.

These are the market’s biggest AI winners and losers so far in 2026, focusing on U.S. tech stocks with market capitalizations above $10 billion.

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