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AI Stocks' Explosive Revenues Set to Propel US Tech 100 to New Highs

AI leaders like Nvidia (73% revenue growth), Broadcom (106% AI chip surge to $8.4B), and Amazon are forecast to drive the US Tech 100 to fresh all-time highs, already at records on April 25. After a 6% Q1 dip and investor rotation out of tech, the index rallied 11% in April with a 13-day winning streak to April 17—the longest since 1992—flipping YTD gains to 5.2% amid $720B hyperscaler capex. Forecasts target 30,000 by 2027 (22% from ~24,400), powered by Nvidia/TSMC dominance and data-center builds exceeding $700B.

Category

US Tech 100

Sentiment

Bullish

Event

Forecast

Reading time

1 min