Nvidia Stock Kept Rising in Premarket Trading, Setting to Rise for Six Consecutive Days

Tiger Newspress10-09

Nvidia stock gained 0.8% in premarket trading after jumping 4.1% to $132.89 on Tuesday, its highest close since July 10. Shares are setting to rise for six consecutive days, its longest winning streak since August.

Taiwan’s Foxconn—also known as Hon Hai Precision Industry—said Tuesday at a technology event that it was building the world’s largest manufacturing site for servers to house Nvidia’s GB200 Superchips in Mexico. The GB200 is one of Nvidia’s Blackwell generation of processors.

Foxconn will have a planned capacity of 20,000 GB200 NVL72 servers—systems that contain 36 GB200 chips—in 2025, according to Bloomberg.

Foxconn isn’t the only company talking up strong AI server demand. On Monday, server maker Super Micro Computer said itwas deployingmore than 100,000 graphics-processing units a quarter for clients. While it didn’t specify the maker of the GPUs, Super Micro’s servers often house Nvidia chips.

Deliveries of Blackwell chips aren’t expected to fully ramp up until 2025. However, there are signs that Nvidia is in line with expectations to ship several billion dollars worth of the hardware in the fourth quarter. Microsoft said Tuesday that its Azure cloud-computing unit is the first to be powered with servers housing GB200 chips and using Nvidia’s Infiniband networking technology.

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MireyaMiya万亿丰
10-09
MireyaMiya万亿丰
Nvidia keep going👍!!

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