Similar Stories to Chip Stocks Surge After Super Micro Computer Says It's Shipping 100,000 Gpus A Quarter on Bing News

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.

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