📅 Effective date: June 22, 2026
NASDAQ 100 officially adjusted its constituents.
This time, the biggest highlight isn't who got kicked out.
And who got invited in.
The 5 companies that got the boot:
❌ Charter Communications (CHTR) — Cable TV
❌ Cognizant (CTSH) — IT outsourcing
❌ Insmed (INSM) — Biopharma
❌ Verisk Analytics (VRSK) — Insurance data
❌ Zscaler (ZS) — Cybersecurity
These companies have one thing in common:
Growth is slowing down.
The story isn't sexy enough.
Already dropped to the bottom of the NASDAQ 100 market cap.
And the 5 companies that are coming in.
Almost all betting on the future.
$ALAB
Astera Labs (ALAB)
Market cap around $63 billion
Year-to-date increase +253%
Positioning:
Leading AI connectivity chip
High-speed connectors behind Nvidia (NVDA), Microsoft (MSFT), and Meta (META).
More GPUs are coming.
Connectivity is becoming increasingly important.
Future AI servers will compete beyond just chips.
It's all about the communication speed between chips.
Potential: ★★★★★
$CRWV
CoreWeave (CRWV)
Market cap around $55 billion
Year-to-date increase +33.7%
Positioning:
AI compute landlord
Holds a massive amount of Nvidia (NVDA) GPUs.
Key compute supplier for OpenAI and Microsoft (MSFT).
Essentially the GPU landlord of the AI era.
Potential: ★★★★☆
$NBIS
Nebius Group (NBIS)
Market cap around $25 billion
Year-to-date increase +165%
Positioning:
European AI cloud platform
Originally part of Yandex's overseas business.
Avoid direct competition with US giants.
Focusing on AI infrastructure in Europe and the Middle East.
Potential: ★★★★☆
$RKLB
Rocket Lab (RKLB)
Market cap around $17 billion
Year-to-date increase +64.5%
Positioning:
SpaceX's strongest challenger
Rocket.
Satellites.
Space systems.
Everything done in-house.
Currently the most promising company to grow into a space platform, aside from SpaceX.
Potential: ★★★★★
$TER
Teradyne (TER)
Market cap around $22 billion
Year-to-date increase +15%
Positioning:
Leading AI chip testing + collaborative robotics leader
The more complex the AI chips.
The demand for testing is increasing.
At the same time, Universal Robots is still a global leader in collaborative robotics.
Potential: ★★★☆☆
Truly important signals
These 5 new companies added.
4 companies directly within AI infrastructure.
ALAB (AI connectivity)
CRWV (AI compute)
NBIS (AI cloud)
TER (AI testing + robotics)
Only RKLB belongs to space tech.
What does this indicate?
The Nasdaq 100 is quietly changing.
Past Nasdaq 100:
Apple (AAPL)
Amazon (AMZN)
Netflix (NFLX)
Starbucks (SBUX)
Consumption and internet account for a large proportion.
Current Nasdaq 100:
Nvidia (NVDA)
Broadcom (AVGO)
AMD (AMD)
Astera Labs (ALAB)
CoreWeave (CRWV)
Nebius (NBIS)
It's starting to look like an AI infrastructure index.
In summary:
Previously bought QQQ.
What you're buying is American tech.
Now is the time to buy QQQ.
It feels more and more like buying into the AI arms dealer alliance.
⚠️ More importantly:
Nasdaq just updated rules this year.
Adjusting once a year.
Changed to quarterly reviews.
And added Fast Entry.
As long as market cap breaks into the top 40.
You don't even have to wait for quarterly adjustments.
Can directly jump into the Nasdaq 100.
So many institutions are eyeing one company:
🚀 SpaceX $spcx (listed)
Could potentially enter the Nasdaq 100 within a few months.
All funds tracking QQQ will flow in.
Will passively buy into SpaceX.
This could be one of the biggest wealth feasts in the coming years.