Reported about 22 hours ago
Chip stocks experienced a significant surge on Monday following Super Micro Computer's announcement that it is shipping over 100,000 GPUs per quarter. Nvidia's shares rose 4%, hitting approximately $130 per share, its highest since late August, while Super Micro's shares increased up to 18%. Super Micro, Nvidia's third largest customer, indicated continued strong demand for Nvidia's GPU chips, aligning with Nvidia CEO Jensen Huang's previous comments on the 'insane' demand for their next-generation AI chips.
Source: YAHOO