ProPicks AI Picks Like Teradata, Applied Materials Surge 13%+ in May Rally

Investing.com's ProPicks AI models spotlighted high-conviction names like Teradata (+13.52%), Applied Materials (+14.02% to new 52-week highs), and IQVIA (+10.82% on EPS beat of $2.90 vs. $2.82 expected), fueling a May rally amid AI infrastructure demand and partnerships such as Applied Materials' $5bn TSMC EPIC Center. This extends momentum from May 11 coverage of Teradyne, Cathie Wood's $456M AI hardware bet with 60%+ revenue exposure rising to 70%, bolstered by JP Morgan's Overweight upgrade and HBM's 10x testing needs. ProPicks' +183.48% return since launch, outpacing S&P 500 by 109.30%, underscores the AI rotation driving outperformance.