The AI trade has cooled—but many of the sector's biggest winners are still well below their highs.
Here's an updated cheat sheet showing how far 24 leading AI stocks remain off their peaks. Save it for your watchlist. 👇
The entire AI trade is ON SALE.
24 stocks, avg –33% off their highs:
🔴 $Oracle(ORCL)$ –59.3%
🔴 $IONQ Inc.(IONQ)$ –49.4%
🔴 $ServiceNow(NOW)$ –49.2%
🔴 $Applied Optoelectronics(AAOI)$ –48.6%
🔴 $IREN Ltd(IREN)$ –46.5%
🔴 $Rocket Lab USA, Inc.(RKLB)$ –46.3%
🔴 $AST SpaceMobile, Inc.(ASTS)$ –45.2%
🔴 $APPLIED DIGITAL CORP(APLD)$ –38.6%
🔴 $Palantir Technologies Inc.(PLTR)$ –37.8%
🔴 $ARM Holdings(ARM)$ –33.9%
🔴 $Marvell Technology(MRVL)$ –33.6%
🔴 $Microsoft(MSFT)$ –30.5%
🔴 $NEBIUS(NBIS)$ –29.0%
🔴 $Western Digital(WDC)$ –27.7%
🔴 $Intel(INTC)$ –27.5%
🔴 $Micron Technology(MU)$ –26.1%
🔴 $Lumentum(LITE)$ –26.1%
🔴 $SanDisk Corp.(SNDK)$ –25.5%
🔴 $Ouster Inc.(OUST)$ –25.0%
🔴 $Bloom Energy Corp(BE)$ –23.3%
🔴 $Broadcom(AVGO)$ –22.3%
🔴 $Meta Platforms, Inc.(META)$ –16.1%
🔴 $NVIDIA(NVDA)$ –13.2%
🔴 $Advanced Micro Devices(AMD)$ –7.9%
UPDATED cheatsheet for you to save
Comments
In essence, I take it that you’re an overall bull of the AI trade and that any pullbacks are a buying opportunity? Or do you have other opinions regarding the AI space