Invesco NASDAQ 100 ETF Sees Strong Gains and Inflows

Invesco NASDAQ 100 ETF ( $QQQM ) has risen by 3.27% in the past week. It has experienced a 5-day net inflow of $1.04 billion.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

• Nvidia Corporation stayed in the market’s spotlight as it prepares to restart production of its RTX 3060 12 GB card in June 2026, targeting budget gamers squeezed by AI‑driven component shortages and using older GDDR6 to sidestep supply bottlenecks. The move comes alongside surging demand for its AI platforms, including the upcoming Vera Rubin chips highlighted in a bullish Bernstein note that sees strong earnings growth, a hefty order backlog, and a PEG below 1 supporting Strong Buy ratings and 30%‑plus upside targets.
• Apple Inc enjoyed a strong week as upgrades from major brokers, led by BNP Paribas and BofA’s Wamsi Mohan, pushed the stock higher on expectations of resilient iPhone demand, especially in China where shipments rose 20% in a shrinking market and global share climbed to 21%. Rising DRAM and NAND prices are hurting smaller rivals, but analysts say Apple’s scale lets it secure supply, accept limited margin pressure, and capture share, while U.S. manufacturing headlines and catalysts like WWDC, AI‑enhanced Siri and a foldable iPhone underpin Moderate Buy ratings and mid‑teens upside.
• Microsoft spent the week reinforcing its AI leadership story despite a year‑to‑date pullback, unveiling its Fairweather data center in Wisconsin ahead of schedule as part of a high‑speed U.S. network linking hundreds of thousands of GB200 chips and supporting Azure and Copilot growth. The company is set to showcase Copilot “agentic AI” at NAB 2026 and tout Xbox Game Pass as a discovery engine, while Wall Street focuses on a $625 billion backlog, heavy but strategic AI capex, and Strong Buy ratings with price targets around $571 that imply roughly one‑third upside as sentiment improves into the late‑April earnings release.