Nvidia GTC 2026 First Week US Stock Market Overview: How the Market Views the Trends in Technology Stocks

NVIDIA GTC 2026 is a global indicator of the tech industry. This year, Jensen Huang’s key themes are quite clear: from the new generation computing architecture Vera Rubin NVL72, to inference-efficient and low-latency solutions like Groq 3 LPX, to autonomous and secure AI (NemoClaw), and rapidly deployable physical AI (covering self-driving cars and robots).

These technologies are gradually forming a complete picture of the next phase of AI infrastructure and applications: from training to inference, from cloud to edge, from digital to physical worlds. The capital markets have responded quickly.

For market participants, GTC is increasingly shifting from a tech expo to an AI-focused US stock trading week. During the first week of GTC releases, related US tech stocks showed clear differentiation and rotation. Coupled with rising tensions in the Middle East, many stocks’ gains were quickly erased. To profit in this fast-changing market, more traders are choosing to use Bitget TradFi’s tokenized US stock perpetual contracts for short or long positions.

This week’s gains highlight the flow of capital and reveal the core trends and future main lines of this AI industry upgrade.

1. SanDisk (SNDK) +7.27% 2. Adobe (ADBE) -0.47% 3. Micron Technology (MU) -0.76% 4. Uber (UBER) -0.76% 5. Amazon (AMZN) -1.11%

Jensen Huang mentions AWS at GTC 2026

In his opening speech, Jensen Huang noted that 60% of NVIDIA’s revenue comes from hyperscalers (AWS, Google Cloud, Azure, etc.), and officially announced: “We will bring OpenAI to AWS. This will generate huge cloud computing demand on AWS and expand OpenAI’s coverage and computing power. As you know, they are currently limited by compute capacity.” However, the market was not convinced, and Amazon’s stock fell 1.11% over the week. On Bitget, you can use up to 100x leverage to short or long AMAZ.

Memory stocks show mixed performance, with SNDK and MU diverging

In a bearish market, SanDisk (SNDK) stands out

SanDisk (SNDK) stock continued its strong rally since the beginning of the year, surging over 13.5% after GTC 2026, but experienced a sharp correction on Friday, closing at $709.71, up 7.27% for the week. Year-to-date, it’s up 199%, significantly outperforming the broader market and most semiconductor peers. Supported by themes like AI data center expansion, tight NAND supply, and increasing enterprise SSD penetration, market funds continue to flow into SNDK.

Micron’s earnings beat expectations, but concerns over large CapEx cause stock to fall

Memory giant Micron Technology (MU) rose about 6% at one point, but after two days of consecutive declines on Thursday and Friday, it fell 0.76% this week, closing at $422.90.

Earnings were impressive: revenue of $23.9 billion, EPS of $12.20. Micron relies heavily on technological premium and cannot compete with Korean giants on volume, making gross margin more critical. Last quarter’s gross margin was 56%, and this quarter it soared to 74.4%, a 38% increase year-over-year. The company also provided confident guidance, expecting Q3 revenue of $33.5 billion and EPS of $19.15.

Despite beating expectations, MU’s stock declined amid concerns over large capital expenditures. This year, CapEx will exceed $25 billion, with an additional $10 billion expected in 2027. After earnings were announced, MU’s stock dropped sharply post-market, but Bitget TradFi’s 24-hour US stock trading can help manage such volatility.

NVIDIA and Uber deepen Robotaxi partnership

NVIDIA and Uber announced an expansion of their Robotaxi collaboration, with NVIDIA providing a complete L4 autonomous driving tech stack, and Uber integrating its fleet into its global ride-hailing network, pushing autonomous taxis from concept to commercial operation. The first services are scheduled to launch in Los Angeles and the San Francisco Bay Area in 2027, expanding to 28 cities across four continents by 2028. The news caused Uber to rise 2.61% initially, but it quickly reversed, ending the week down 0.76%.

Legacy software company Adobe announces partnership with NVIDIA at GTC 2026

During GTC 2026, Adobe and NVIDIA announced a collaboration to integrate generative AI and accelerated computing technologies, developing the next-generation Adobe Firefly models to enhance content creation accuracy and enterprise applications. They will also implement “agent-based AI” workflows to automate content generation and marketing processes, and introduce 3D digital twin technology via NVIDIA Omniverse to strengthen brand applications in e-commerce and marketing. However, following the announcement, Adobe’s stock only saw limited gains and fell 0.47% this week.

From SNDK’s continued strength, MU’s earnings-driven rally, to the divergence among AWS, Adobe, Uber, and other thematic stocks, it’s clear that after GTC 2026, the market no longer prices in “just AI equals rise.” Instead, it’s segmenting the benefits across inference, memory, cloud CapEx, and physical AI deployment. For investors, success depends not only on understanding these themes but also on quickly tracking and participating in the rotation of these US AI concept stocks. That’s why services like Bitget TradFi are gaining attention.

This article, NVIDIA GTC 2026 First Week US Stock Market Summary: How the Market Views Tech Stock Trends, originally appeared on Chain News ABMedia.