After the US market on Wednesday, stocks of companies linked to artificial intelligence infrastructure rallied collectively higher. Earlier, Google's parent company Alphabet said in an earnings conference call that the company plans to expand the use of third-party computing power capacity in the third quarter. In terms of computing power leases, CoreWeave rose 3.7% and Nebius increased 5.4%. In terms of memory chip stocks, SanDisk rose 3%, Micron rose 2.9%, Western Digital rose 2%, and SK Hynix ADR rose 3.7%. In the semiconductor sector, iShares semiconductor ETF rose 0.9%. In optical communications stocks, Lumentum rose 3.4% and Applied Optoelectronics rose 4%. According to Alphabet's performance report, the backlog of orders for the company's cloud business increased to $514 billion, a significant increase from about 460 billion US dollars in the previous quarter. Strong performance “mainly driven by strong demand for AI infrastructure and AI solutions”.

Zhitongcaijing · 1d ago
After the US market on Wednesday, stocks of companies linked to artificial intelligence infrastructure rallied collectively higher. Earlier, Google's parent company Alphabet said in an earnings conference call that the company plans to expand the use of third-party computing power capacity in the third quarter. In terms of computing power leases, CoreWeave rose 3.7% and Nebius increased 5.4%. In terms of memory chip stocks, SanDisk rose 3%, Micron rose 2.9%, Western Digital rose 2%, and SK Hynix ADR rose 3.7%. In the semiconductor sector, iShares semiconductor ETF rose 0.9%. In optical communications stocks, Lumentum rose 3.4% and Applied Optoelectronics rose 4%. According to Alphabet's performance report, the backlog of orders for the company's cloud business increased to $514 billion, a significant increase from about 460 billion US dollars in the previous quarter. Strong performance “mainly driven by strong demand for AI infrastructure and AI solutions”.