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(Photo= Yonhap news) |
[Alpha Biz= Reporter Kim Sangjin] Nvidia, the leading player in AI semiconductors, saw its stock surge over 4% in a single day, reclaiming its position as the second-largest company by market capitalization.
The surge was influenced by news that Taiwan's Foxconn (Hon Hai Precision Industry) is constructing the world's largest server production facility based on Nvidia's new graphics processing unit (GPU), "Blackwell." This indicates sustained demand for AI-related products. However, some analysts caution that it may take time for Blackwell to gain traction, suggesting that Nvidia's stock could remain range-bound in the short term.
On October 8, Nvidia's shares closed at $132.89, up 4.05%, allowing it to surpass Microsoft's market capitalization once again. Notably, Nvidia's stock has risen for five consecutive trading days, increasing by 13.58% over that period. The stock is now just over 6% away from its intraday peak of $140.76 recorded on June 20. Other semiconductor stocks, such as Intel (up 4.20%) and Broadcom (up 3.23%), also saw gains alongside Nvidia.
Analysts attribute the increased demand for Nvidia's next-generation AI platform, Blackwell, to positive market perceptions. The Blackwell GB200 is considered the successor to Nvidia's successful AI chips, the H100 and H200, which established Nvidia as a leading name in AI semiconductors.
Benjamin Ting, Senior Vice President of Foxconn's Cloud Business Solutions division, emphasized that there is "tremendous demand" for Nvidia's Blackwell platform in the industry.
알파경제 Kim SangJin (letyou@alphabiz.co.kr)
