Chipmakers gain as enterprises boost spending on accelerated computing

AI chipmakers moved higher on renewed hardware demand, supported by enterprise investment in accelerated computing and stronger multi-quarter visibility.

Live Market Updates

Latest Financial News

positive

Chipmakers gain as enterprises boost spending on accelerated computing

Chipmakers gain as enterprises boost spending on accelerated computing
AI-focused semiconductor companies saw upward movement today after several research firms reported stronger-than-expected enterprise demand for accelerated computing hardware. Market trackers highlighted rising investment in high-bandwidth memory, data-center GPUs and inference-optimized processors. US-listed chipmakers advanced in pre-market trading, while Indian semiconductor suppliers also noted improved booking trends. 
Analysts expect continued demand growth as companies accelerate adoption of generative ai workloads, driving multi-quarter revenue visibility across the global semiconductor ecosystem.
Companies:
  • Nvidia
  • Samsung
  • SK Hynix
Tags:
  • ai
  • semiconductors