US AI-linked stocks rose premarket after sharp losses Friday, with Nvidia up 1.43%, Micron up 2.39% and CoreWeave up 3.53%. UBS Global Wealth Management CIO Mark Haefele said investors should stick with the AI theme, which he sees as a positive driver of returns in 2027.
AI-linked stocks across semiconductors, neoclouds, server makers, cybersecurity and hyperscalers rebounded premarket after sharp losses on Friday. Nvidia gained 1.43%, AMD 1.62%, Micron 2.39% and Broadcom 1.14%; CoreWeave rose 3.53%, while server makers Dell, Super Micro and Hewlett Packard gained between 1.47% and 1.96%. Intel fell 0.87% after last week's weak earnings, and the Philadelphia Semiconductor Index closed at a three-month low Friday.
UBS Global Wealth Management CIO Mark Haefele said investors should stick with the AI theme despite near-term swings, calling it a positive driver of returns in 2027. Piper Sandler cited long-term AI opportunities for cybersecurity stocks and rising threats as supportive of sentiment, while noting early third-quarter results had yet to show a broad improvement.
