Nasdaq 100 Index to Complete Quarterly Rebalancing Before Tomorrow's Opening, New Additions Focus on Space Launch, AI Cloud Computing, High-Speed AI Connection Chips
The Nasdaq 100 Index will complete its quarterly rebalancing before tomorrow's opening: Rocket Lab, Nebius, CoreWeave, Astera Labs, and Teradyne are officially added; Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler are removed.
The newly added companies focus on areas such as space launch, AI cloud computing, high-speed AI connection chips, and semiconductor testing equipment, while those removed were involved in cable TV, IT services, biopharmaceuticals, data analytics, and cybersecurity.
This adjustment further strengthens the index's tilt towards AI hardware infrastructure and computing power, with passive funds reconfiguring weights, and market demand for AI-themed stocks rising again.
Source: Public Information
ABAB AI Insight
The Nasdaq has previously included AI semiconductor and data center-related companies through quarterly adjustments, continuing the historical shift of the index from consumer internet to hard technology infrastructure since 2023.
In terms of capital flow, passive funds and ETFs must buy newly added components according to weight and sell removed stocks, resulting in billions of dollars flowing directly into AI computing power and semiconductor testing, while accelerating the revaluation of traditional mature technology sub-sectors.
Similar to the period when core AI companies like Nvidia concentrated index weight, the Nasdaq is currently at the peak of the AI capital expenditure cycle, and the replacement of index components serves as a public signal for institutions to cluster around hard technology.
Essentially, this is about technological substitution and industrial chain restructuring, with AI computing demand driving the rise of semiconductor testing, connection chips, and dedicated cloud infrastructure, while traditional sectors like IT services, cybersecurity, and biotechnology are marginalized as their growth slows, with pricing power continuously shifting upstream in the supply chain.
ABAB News · Law of Cognition
The index is a capital voting machine, and weight adjustments honestly reveal trend directions more than any statement.
Story sellers enter, cash flow sellers exit, and long-term outcomes are determined by infrastructure pricing power.
As technological substitution accelerates, old chains are kicked out, new chains are clustered, and cyclical rotation always favors real capital expenditure.