Nvidia Forecast Fuels Tech Rally, Alphabet Loses Ground
Tech stocks received a boost on August 27, 2026, after Nvidia's blockbuster outlook sent equities soaring and rekindled interest in artificial intelligence trade. The company's forecast lifted spirits in the tech sector, driving up prices.
Nvidia's show-stopping forecast was a key driver of the rally, but not all tech stocks shared in the exuberance. Alphabet, the parent company of Google, saw its shares slip as investors worry that the company is losing its edge in the AI race.