Most chip stocks are trending lower, as of the time of publication, super micro computer is up over 5.6%.
According to the Securities Times app, on Wednesday, most chip stocks are trending lower, as of the time of publication, super micro computer (SMCI.US) is up over 5.6%, nvidia (NVDA.US) is slightly up 0.4%; micron technology (MU.US) is down over 1.5%, AMD (AMD.US) is down 0.9%, taiwan semiconductor(TSM.US) is down 0.6%. On the news front, nvidia CEO Huang Renxun said that the future of artificial intelligence will provide "inferential" services, but to reach this stage, computing costs need to be reduced. Huang Renxun added that nvidia will double or triple the chip performance every year with the same energy and costs, laying the foundation for these advancements.
