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CORRECTED-BUZZ-Chips, AI-linked shares rise after Nvidia's upbeat revenue forecast

ReutersFeb 27, 2025 6:09 PM

Corrects 7th bullet point to Vistra fourth-quarter 'income' not 'profit'

Shares of chipmakers and AI-lined stock rise premarket after bellwether Nvidia's NVDA.O quarterly outlook suggests demand from tech companies racing to build out AI infrastructure remains robust

"The market needed positive results coming from NVIDIA to indicate that growth is still there," says Leslie Thompson, co-founder and chief investment officer at Spectrum Wealth Management

Nvidia gains 2.6% in choppy trading

AI server maker Dell DELL.N rises 2.3%; Super Micro Computer SMCI.O, which had rallied over 12% on Wednesday, down 2.5%

Vertiv Holdings VRT.N, which designs and builds data center infrastructure, gains 5%

Power companies, which are expected to see a surge in demand from energy-intensive data centers needed to develop AI technology, tick higher, with Constellation Energy CEG.O rising 3.4%

Vistra VST.N gains 6.5%; VST reports fourth-quarter income vs. year-ago loss on Thursday

Nuclear startup Oklo OKLO.N jumps almost 10%

Chipmakers Broadcom AVGO.O, AMD AMD.O and Micron Technology MU.O rise about 2% each; iShares Semiconductor ETF SOXX.O gains 1%

Megacap tech names gain; Alphabet GOOGL.O up 1.1%, Amazon.com AMZN.O rises 1.8% and Meta Platforms META.O adds 1.5%

Data analytics firm Palantir Technologies PLTR.O - a retail favorite to trade AI - advances 3.3%

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