The three major stock index futures rose across the board before the market, the new energy vehicle sector generally rose, and Xiaopeng Motors rose by more than 3%. Nvidia rose nearly 1%. The research firm Aletheia reported that the AI server market is expected to double in 2024 and reach $135 billion in 2025, which is 4.5 times the size in 2022.
U.S. stock index futures rose across the board before the market, the new energy vehicle sector generally rose, and Xiaopeng Motors rose by more than 3%
TradeMax Global Markets
Nvidia rose nearly 1%. The research firm Aletheia reported that the AI server market is expected to double in 2024 and reach $135 billion in 2025, which is 4.5 times the size in 2022. Among them, GPU accounts for the highest cost in AI servers. Aletheia believes that the GPU market will triple by 2025 compared to 2023.
In order to meet the huge demand of the AI server market, Nvidia will start to increase AI GPU production capacity significantly. It is estimated that Nvidia AI GPU production capacity will increase by 2.5 times in 2024; the company's data center business revenue will have a compound annual growth rate of 2023-2026. 85%.
TMGM
Other tech stocks, including Apple, Google, Microsoft, Amazon, and Meta rose nearly 1%.
Popular Chinese concept stocks generally rose, JD.com rose by more than 1%, Baidu, Bilibili, Alibaba, and Pinduoduo rose by nearly 1%.
Daily Youxianmei stock once rose by more than 70% before the market, and closed up by more than 280% in the last trading day. The company recently received 27 million US dollars in investment.
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