Global technology stocks have staged a broad recovery over the past month, according to a recent research note from BOCOM International. While concerns persist regarding cash flow pressures and potential credit risks stemming from massive AI capital expenditures, the second-quarter earnings season saw U.S. AI computing leaders deliver on both results and order momentum, reinforcing market confidence in AI infrastructure.

The brokerage advises investors to pursue cross-regional diversification around the AI investment theme. It notes that leading AI infrastructure companies now have significantly improved revenue visibility for the coming year. Specifically, NVIDIA (NVDA.US) has guided to roughly 70% year-over-year growth in data center-related revenue for fiscal 2028, while Broadcom (AVGO.US) projects approximately 100% growth for fiscal 2027.

According to BOCOM International, these strong forward indicators should help repair investor sentiment and confidence in tech stocks. The firm highlights NVIDIA, Broadcom, SMIC (00981), and A-share listed Naura Technology Group (002371.SZ) as key names to watch within this AI-driven investment framework.