NVIDIA Corporation

Broadcom Inc.

Advanced Micro Devices, Inc.

The semiconductor sector is entering the phase of the "game of musical chairs", believes Bank of America analyst Vivek Arya, <a href="https://finance.yahoo.com/news/bofa-says-the-chip-reshuffle-makes-nvidia-a-compelling-value-play-203403961.html">writes</a> Yahoo Finance. But the most obvious market participants can win in this game, the expert believes.

BofA named favorites in a game of "musical chairs" in semiconductor field

Taiwan Semiconductor Manufacturing Company Limited

ASML Holding N.V.

The dependence of the S&amp;P 500 index on the sentiment of investors invested in AI-related stocks is of concern to Scott Helfstein, a strategist at Global X Investment Company. In a note <a href="https://www.marketwatch.com/story/how-the-fragile-ai-ecosystem-may-be-one-of-the-biggest-risks-to-markets-this-year-27c3a394">cited</a> by MarketWatch, the analyst highlighted key risks to the markets in 2026. The main one is a disruption in the AI supply chain, a factor Helfstein calls the most underestimated by investors.

The analyst named the main risks for the markets in 2026. Among them - undervalued

Investment bank Morgan Stanley expects that shares of Dutch semiconductor equipment manufacturer ASML Holding in the most favorable scenario can grow by more than 70%, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-01-16/morgan-stanley-sees-70-surge-for-asml-shares-in-bull-case">writes</a>. This may be facilitated by the increase in capital expenditures of chip manufacturers seeking to meet the growing demand for solutions in the field of artificial intelligence, the agency points out.

Morgan Stanley named ASML as one of its key investments and allowed the stock to rise by 70%

Intel Corporation

Micron Technology, Inc.

Applied Materials, Inc.

Intel shares rose in trading on Friday, January 9, by more than 10% after the meeting of the company's CEO Lip-Bu Tan with U.S. President Donald Trump. Quotes reached $45.5, which was their highest since March 2024. In August 2025, the White House <a href="https://oninvest.com/article/dola-intel-usla-v-belyj-dom-cto-boatsa-poterat-amerikanskie-cinovniki">bought </a><a href="https://oninvest.com/article/dola-intel-usla-v-belyj-dom-cto-boatsa-poterat-amerikanskie-cinovniki"></a>the chipmaker's securities for more than half the price: the stake it bought for $8.9 billion is now worth about $19 billion, CNBC <a href="https://www.cnbc.com/2026/01/09/semiconductor-stocks-boosted-by-donald-trumps-intel-praise.html">calculated</a>. Already this year, the company's capitalization has managed to grow by 22%.

Intel shares soar to highest in nearly two years after CEO's meeting with Trump

SAP SE

Spotify Technology S.A.

Klarna Group plc

Wedbush Securities global head of technology research Dan Ives recommended four European stocks he is bullish on. The analyst, who can be described as one of the most prominent technology optimists on Wall Street, <a href="https://www.cnbc.com/2025/12/15/dan-ives-loves-these-4-european-tech-companies.html">told</a> CNBC that the sector in Europe is experiencing a "moment of validation." Despite "growing frustration" among many investors about the region's ability to nurture tech players, there are a few companies worth watching, Ives said. Here's who he singled out.

Wedbush's Dan Ives named the stocks of four European tech companies. Are they worth buying?

SoftBank Group Corp.

The technology sector in Europe and Asia was also pressured by weak sales and earnings figures from US-based Oracle

Equity and cryptocurrency markets declined amid disagreement at the Fed on the rate trajectory

Bank of America reiterated a "buy" recommendation for semiconductor equipment maker ASML and called it its top pick in the chip sector and a key favorite for 2026, CNBC <a href="https://www.cnbc.com/2025/12/03/bank-of-america-says-asml-is-its-top-semiconductor-stock-pick-heading-into-2026.html">writes</a>.

BofA expects ASML stock to rise 20%. Why did he call it a favorite for 2026?

The largest chip maker's quarterly sales were also the highest on record

TSMC reported record profits and beat forecast thanks to demand for AI chips

Walmart Inc.

Bank of America Corporation

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: information vacuum, new reports and the Fed's Beige Book

The AI boom has made the chip equipment maker Europe's most valuable public company

ASML has promised that its sales will not decline in 2026. Will the rally continue?

JPMorgan Chase & Co.

This week, investors are likely to be left in the dark about a number of key US macroeconomic indicators - their publication has been postponed due to the government shutdown that has lasted for 13 days. Data - from import prices and retail sales to wages and jobless claims - are very likely to be excluded from the publication calendar, Yahoo Finance <a href="https://finance.yahoo.com/news/stocks-dip-as-government-shutdown-continues-rare-earths-rally-what-to-watch-this-week-114600627.html#:~:text=In%20the%20week%20ahead%2C%20the%20market%20will%20continue%20to%20fly%20blind%20on%20several%20key%20points%20of%20economic%20data%20that%20would%20normally%20publish%20if%20not%20for%20the%20gridlock%20in%20Washington.%20Figures%20ranging%20from%20import%20prices%20and%20retail%20sales%20to%20hourly%20earnings%20and%20jobless%20claims%20are%20likely%20to%20be%20missing%20from%20the%20calendar.">writes</a>.<br><br>The main macroeconomic release this week for Wall Street was supposed to be the Consumer Price Index (CPI) for September in the U.S. The Bureau of Labor Statistics had planned to publish it on October 15, but <a href="https://www.bloomberg.com/news/articles/2025-10-10/bls-to-publish-september-cpi-report-on-oct-24-despite-shutdown?sref=Y0jVLcFo">postponed</a> it to October 24. To work on it, the agency recalled some employees from vacation. If the report on inflation will be prepared on time, the Fed will receive it before its meeting on interest rates, which is scheduled for October 28-29, <a href="https://www.bloomberg.com/news/articles/2025-10-10/bls-to-publish-september-cpi-report-on-oct-24-despite-shutdown?sref=Y0jVLcFo">notes</a> Bloomberg.

Wall Street bank earnings, ASML and TSMC: what investors need to know this week

The Dutch producer's stock posted its biggest intraday decline since July