AI-linked stocks are seeing steady to solid gains in Monday trading, as investors continue to weigh growth prospects across the sector's top names. Nvidia (NVDA), Palantir Technologies (PLTR), and Advanced Micro Devices (AMD) all opened the week in positive territory, supported by renewed optimism around AI infrastructure spending and chip demand.
Nvidia shares were modestly higher by mid-afternoon, trading near $183.89, up roughly 0.4% from the previous close. The stock opened at $183.07 and reached an intraday high of about $185.17. Despite its outsized role as the dominant supplier of GPUs used in AI computing, Nvidia's moves have been relatively muted in recent sessions, reflecting a period of consolidation following months of volatility. Analysts say investors may be adopting a "wait-and-see" approach ahead of upcoming earnings and potential regulatory updates tied to export controls in China.
