Three chip firms grow by two trillion
The market value of electronics chip manufacturing companies, excluding Nvidia, increased by two trillion dollars during the second quarter of the year, driven by investors expanding their bets on artificial intelligence. The three companies—Micron, Intel, and AMD—led this growth, significantly increasing their valuations and attracting market attention. Meanwhile, Nvidia maintained its position as the most valuable company overall, with revenue growth, even though its stock price only rose by 15%. The companies' gains were primarily centered around the rising demand for artificial intelligence and the needs of technological infrastructure.
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