The Dow Jones saw an increase as Nvidia and Tesla shares rallied, while Super Micro Computer surged on news of a $20 billion AI deal. Super Micro’s earnings fell short of analyst expectations, but the stock gained significantly this week. Analysts are closely monitoring key levels as the stock jumped 15%. The company’s partnership with DataVolt is considered a major move. Meanwhile, Tencent announced a 91% year-on-year rise in capital expenditures in the first quarter, driven by AI investments.
— new from Investor’s Business Daily
