20 hottest tech stocks: Nvidia, Strategy, Apple, Shein, Broadcom
With the US technology sector as hot as ever, ii’s head of investment runs through the most-bought tech stocks on the ii platform, latest news and upcoming results.
28th August 2026 09:48
by Victoria Scholar from interactive investor
Michael Saylor at the Consensus Miami 2026 conference in May. Photo: Romain Maurice/Getty Images.
Cryptoassets are very high risk and you should be prepared to lose all your money before you invest
Nvidia
NVIDIA Corp (NASDAQ:NVDA) is the most-bought tech stock on the ii platform so far this week, overtaking Space Exploration Technologies Corp Class A (NASDAQ:SPCX) from last time.
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Nvidia’s earnings on Wednesday have been a focal point for markets, receiving a very positive response from traders and investors. The AI bellwether reported reassuring second-quarter results with revenue hitting $96.22 billion (£70.8 billion), ahead of forecasts for $92.17 billion, with $89 billion in data centre sales. Earnings per share (EPS) jumped 19% to adjusted $2.22 versus $1.87 a year ago, outpacing expectations for $2.10.
Investors were particularly pleased with its outlook. Nvidia is forecasting third-quarter revenue of $108 billion, plus or minus 2%, beating analysts’ expectations for $104.19 billion. Nvidia now anticipates revenue growth of around 70% next year in fiscal 2028, a figure Morgan Stanley described as “remarkable”.
Meanwhile, Amazon.com Inc (NASDAQ:AMZN) agreed to add two million Nvidia graphics processing units (GPU) to its AI data centres over the next two years including Nvidia Blackwell Ultra, Rubin and Rubin Ultra GPUs.
Shares in Nvidia jumped on the back of its earnings release, lifting other chipmakers with it. A number of analyst teams have raised their price targets on the stock.
20 most-bought tech stocks on the ii platform
Source: interactive investor, 24-26 August 2026.
Strategy Inc
The software business and bitcoin holding company Strategy Inc Class A (NASDAQ:MSTR) (formerly MicroStrategy) has become the third most popular tech stock on the ii platform this week behind Nvidia and SpaceX.
Michael Saylor’s company is adding a new pool of cash called USD cash to its balance sheet that the co-founder says is “separately designated for general Bitcoin Treasury Company purposes, including acquiring BTC, paying preferred dividends and interest, repurchasing MSTR/preferred stock, repaying converts, and increasing USD Reserve.”
Strategy Inc has rallied 18% in the past week, underpinned by a crypto rally. Bitcoin briefly broke above $80,000 this week, hitting a three-month high on Tuesday amid US fiscal worries and a weaker US dollar. Cryptos caught a bid after the US Treasury announced plans to buy more long-dated bonds, and as President Donald Trump called for Congress to pass a pro crypto bill, the Clarity Act.
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After a challenging period for bitcoin, it has been rebounding in August and is on track for its best monthly performance since November 2024.
Other news
Apple
Apple Inc (NASDAQ:AAPL) is looking to appeal to developers and other AI-savvy consumers with its latest range of Macs. Ahead of its anticipated annual new iPhone launch in September, the tech giant released the new Mac mini with the M6 chip (or M5 pro), which it says delivers a big boost in performance and can deliver up to 4x faster AI performance and 40% faster CPU performance. Apple describes it as a “pint-sized AI powerhouse”.
This is most likely the final product launch under Tim Cook as CEO as his 15-year tenure comes to an end. John Ternus, current senior vice-president of hardware engineering at Apple, gets ready to take the top job on 1 September.
Shein
Shein is inching closer to its Hong Kong IPO with trading scheduled to begin on 1 September. However, its expected valuation has fallen sharply, according to the company’s filings which revealed this week that it is raising up to $1.77 billion (HK $13.86 billion, £1.30 billion), valuing the fast-fashion e-commerce business at around $27 billion. That’s a far cry from its peak private market valuation of $100 billion four years ago and less than half its $64 billion valuation from 2024.
The mood music has soured in recent years with respect to Shein. It was once viewed as a fast-growth tech company, but sales growth has slowed and the macro backdrop has become more challenging.
In the first quarter, US revenue declined 14.3% and it swung to a net loss of $99 million. Shein now faces stiff competition from other aggressive discount retailers like Temu, and it has been suffering with the loss of a key tax loophole, the de minimis exemption for low value packages. It is also grappling with weaker consumer demand in the Middle East linked to the Iran War.
Week Ahead
Broadcom
Broadcom Inc (NASDAQ:AVGO) will deliver its fiscal third-quarter earnings on Wednesday 2 September. It has been a volatile period for the AI chipmakers this year, with shares hitting a low of $290 on 30 March and a high of $495 on 3 June, representing a range of around $205 or 70% from the low to high. Shares have struggled more recently, shedding around 15% over the past three months.
A previous quarterly earnings report at the start of June triggered a major drop in Broadcom’s share price, suggesting that next week’s earnings could catalyse another significant move in the shares.
In the third quarter, focus will be on its all-important AI semiconductor revenue figure which the company has guided to come in at $16 billion. Investors will also be paying attention to any potential changes to its long-term AI revenue target.
Last quarter, revenue came in at $22.19 billion, which despite a 48% jump year-on-year, was light versus consensus estimates. Investors were also disappointed that the company failed to increase its full-year AI chip sales target of $100 billion. Investors shrugged off the fact that AI revenue soared to $10.8 billion.
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This week, CNBC reported that Broadcom is in talks to raise $70-80 billion in debt for a chip financing deal to support AI companies like Anthropic. It counts Google, Anthropic, Meta and OpenAI among its six core chip customers.
Since earlier this month, concerns have been emerging among Broadcom investors that Google is trying to reduce its dependence on the chipmaker, highlighted by its new partnership with Marvell Technology Inc (NASDAQ:MRVL). Investors will be looking to see if Broadcom’s CEO Hock Tan has any interest comments about its Google partnership in the earnings call.
According to Refinitiv, despite recent weakness Broadcom remains a consensus buy among analysts with an average price target of $514.1, up around 44% from the current share price.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
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