Semiconductor stocks have been among the biggest winners from the generative AI boom, as tech companies scramble to secure as much computing power as possible to train and deploy their AI models. For context,

U.S. stocks were mixed on Monday. Investors are turning their attention to Nvidia’s upcoming earnings — the first time the AI chipmaker is reporting results since a breakthrough by Chinese AI startup DeepSeek sparked a selloff in Nvidia and other tech stocks last month.

Palantir stock declines for a fourth consecutive day, Nvidia, the leading maker of AI chips, reports earnings later this week, and Alibaba plans to invest more than $52 billion on artificial intelligence over the next three years.