Goldman Sachs & Co. LLC
May 27, 2026
US TMT Quick Hits
Daily UpdateEquitiesMacro Economic IndicatorsInformation TechnologyCommunication Services
The Nasdaq-100 surpassed 30,000 for the first time as Micron (MU) hit a $1 trillion market cap amidst a massive rotation from Software to Semiconductors.
Key Takeaways
- 1.The NDX crossed the 30,000 threshold for the first time, driven primarily by a surge in semiconductor stocks.
- 2.Micron (MU) reached a $1 trillion market cap milestone, surging 21% in a single session.
- 3.Institutional investors are actively rotating capital from Software into Semiconductor stocks.
Table of Contents
- GS US TMT .. quick hits ..
- MU
- Positioning
- Breadth
- Capex mark to market
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Peter Callahan
Securities
MUNDXSOXNVDA
Themes
AI-Driven Market ConcentrationSoftware vs. Semiconductors RotationEconomic Impact of AI Spending
Regions
North AmericaUnited States