These Artificial Intelligence (AI) Stocks Have Crushed Nvidia in 2026 With Gains of 67% and 121%. They Can Still Soar Higher
Key takeaways
- Shares of the chipmaker have appreciated only 12% this year, well below the 74% jump in the PHLX Semiconductor Sector index.
- However, shares of Lumentum Holdings (NASDAQ: LITE) and Applied Materials (NASDAQ: AMAT) have been flying high in 2026.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Harsh Chauhan, The Motley Fool Sun, May 31, 2026 at 2:33 AM GMT+7 6 min read NVDA AMAT LITE ^SOX Artificial intelligence (AI) pioneer Nvidia is having an underwhelming 2026 so far despite delivering outstanding results quarter after quarter. Shares of the chipmaker have appreciated only 12% this year, well below the 74% jump in the PHLX Semiconductor Sector index.
However, shares of Lumentum Holdings (NASDAQ: LITE) and Applied Materials (NASDAQ: AMAT) have been flying high in 2026. While Lumentum stock has gained 121% this year, Applied Materials has also jumped by an impressive 67%. Both companies have benefited from massive investments in AI infrastructure.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »