Chip Stocks Surge After Super Micro Computer Says It's Shipping 100,000 Gpus A Quarter

Nvidia headquarters in Santa Clara, California.Justin Sullivan/Getty ImagesNvidia and Super Micro Computer shares surged Monday. Shares jumped after an update from Super Micro said the company is shipping 100,000 GPS a quarter.Nvidia and Super Micro Computer's market valuations rose by $117B and $4B on Monday, respectively. Nvidia bucked the broader market decline on Monday and surged after Super Micro Computer said it is shipping more than 100,000 GPUs per quarter.Shares of Nvidia gained 4% to hit about $130 per share, representing its highest level since late-August.

BING NEWS:
  • Why Super Micro Computer Stock Plummeted This Week
    Supermicro's share price fell over the last week of trading as interest rate news from the Federal Reserve caused investors to shift their approach to stocks. While the Fed delivered the ...
    12/21/2024 - 10:53 am | View Link
  • Why Investors Should Still Be Careful With Super Micro Computer Stock
    SMCI's volatile price action has only added to the unease, suggesting that beneath the AI-fueled hype, Super Micro Computer may still have unresolved operational cracks. Despite its recent surge, ...
    12/15/2024 - 12:00 am | View Link
  • How Is Super Micro Computer's Stock Performance Compared to Other Digital Infrastructure Stocks?
    San Jose, California-based Super Micro Computer, Inc. (SMCI) develops and manufactures high-performance server and storage solutions based on modular and open architecture. With a market cap of $24.6 ...
    12/9/2024 - 8:35 pm | View Link
  • Chip stocks surge after Super Micro Computer says it's shipping 100,000 GPUs a quarter
    Nvidia bucked the broader market decline on Monday and surged after Super Micro Computer said it is shipping more than 100,000 GPUs per quarter. Shares of Nvidia gained 4% to hit about $130 per ...
    10/12/2024 - 5:01 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News