The chipmaker benefited from Microsoft’s plan to invest $80 billion in AI-enabled data centers by 2025.
Nvidia shares rise strongly this Monday and boost the chip manufacturers after the plan Microsoft to invest US$80,000 million in data centers enabled for artificial intelligence (AI) in 2025. The announcement spurred bets that demand for semiconductors would continue to rise.
The papers of Nvidia they climb 4.6% to US$151.13after closing a stratospheric 2024 with profits of almost 190% with a capitalization of 3.7 billion dollars.
Micron was the biggest gainer among semiconductor stocks, up 12%followed by Taiwan Semiconductor Manufacturing (+5.8%), Applied Materials (+5.3%) and KLA Corp (+5.2%).
He Philadelphia Semiconductor Index added a 3.4% and reached its highest levels since mid-October.
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Microsoft Spending Plan
Citigroup said that the spending plan Microsoftalthough in line with analyst estimates, was a “modestly positive” update, as it removed the risk of a drop in capital spending.
“AI data centers are hungry for chips, which is why people are rushing to the chip sector right now,” he said. Michael Matousekchief trader at US Global Investors.
Contract Manufacturer’s Record Revenue Foxconn in the fourth quarter, thanks to strong demand for artificial intelligence servers, They also contributed to the general euphoria in the chip sector.
Source: Ambito
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