Motley Fool Backs Nvidia, Celestica Before Earnings as AI ETF Gains 23% in 2026
Updated
Updated · The Motley Fool · Jul 11
Motley Fool Backs Nvidia, Celestica Before Earnings as AI ETF Gains 23% in 2026
3 articles · Updated · The Motley Fool · Jul 11
Summary
Nvidia and Celestica were singled out as top AI stock buys ahead of earnings, with the call centered on their recent underperformance or pullback despite strong AI-infrastructure exposure.
A 23% rise in the Global X Artificial Intelligence & Technology ETF versus the Nasdaq's 13% gain underscores the sector tailwind, which Bank of America says should persist through the second half.
Nvidia's case rests on hyperscaler spending: Alphabet, Amazon, Meta and Microsoft are set to lift 2026 capex 77% to $725 billion, supporting demand for a company estimated to hold 80% to 90% of the AI chip market.
Celestica's appeal is its growth after a nearly 24% retreat from its early-June high; Q1 revenue rose 53% to $4.05 billion, and Q2 guidance implies another 49% increase.
The broader bet is that earnings season will reinforce AI data-center demand, giving both stocks a catalyst as investors look past this year's volatility.
Beyond soaring stock prices, what are the hidden environmental and community costs of the global AI data race?
As giants like Google and Amazon build their own chips, is Nvidia's overwhelming market dominance secretly fragile?
With power grids lagging and public opposition growing, can the AI infrastructure boom avoid a catastrophic bottleneck?
AI Sector 2026: Surging ETF Inflows, Market Leadership, and the Sustainability Debate
Overview
In the first half of 2026, the artificial intelligence (AI) market stood out with strong performance, attracting significant investor interest and capital inflows. The broader ETF industry is set to see over $2 trillion in inflows, with a notable share directed toward AI-related investments. Emerging Markets ETFs, especially those focused on technology hubs like South Korea and Taiwan, recorded record inflows, reflecting investors’ growing appetite for international exposure and targeted AI infrastructure. This shift highlights a desire for greater portfolio versatility as investors navigate market uncertainties, making AI a central theme in global investment strategies.