Artificial intelligence (AI) stocks hit headwinds in 2026, as evidenced by the 3% year-to-date decline in the Global X Artificial Intelligence & Technology ETF, which invests in companies developing AI hardware and software, apart from using the tech in their operations.

Nvidia (NVDA +2.59%), arguably the biggest name in AI, has shared the broader market’s pain. Nvidia stock is down about 1.6% in 2026 (and was down as much as 12% in late March), even though there are no signs of a slowdown in its business. This pullback seems like a buying opportunity, especially considering that this AI pioneer could see its shares double by the end of the year.

Let’s see why Nvidia could see a parabolic jump in its stock price in 2026.

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