Tech Giants Lead Stock Market Rally: Nvidia, CoreWeave, and AMD on Surge

Nauman Khan

Tue, January 6, 2026 at 12:02 PM EST 1 min read

This article first appeared on GuruFocus.

U.S. stocks edged higher on Tuesday, with technology shares leading gains after major announcements at CES 2026 in Las Vegas.

The S&P 500 rose about 0.2%, the Nasdaq Composite added roughly 0.2%, and the Dow Jones Industrial Average climbed about 0.4%, according to mid-morning trading data.

Nvidia (NASDAQ:NVDA) introduced Alpamayo, a suite of open models designed for autonomous driving, and confirmed that its next-generation computing platform, Vera Rubin, has entered full production. The developments fueled enthusiasm in the AI and data center sectors.

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CoreWeave (NASDAQ:CRWV) said it will integrate Nvidia’s Rubin platform into its AI cloud infrastructure, supporting the company’s expansion into generative AI services. AMD (NASDAQ:AMD) unveiled new chips for smaller corporate data centers, including Ryzen AI Embedded processors.

Investors are also keeping a close eye on geopolitical developments in Venezuela, following recent U.S. operations in the country, which could affect energy markets.