Overview
- The stock rose 3.7% to $263.20, trading close to its $267.07 52-week high, according to Benzinga Pro data.
- TrendForce’s Frank Kung projects Nvidia’s GB300 will anchor roughly 70% to 80% of 2026 AI server rack shipments globally.
- Analysts expect AMD’s MI400 accelerators to ship alongside Nvidia systems as overall AI server volumes expand.
- Counterpoint Research reports Dell and HP plan early-2026 AMD-powered AI PCs with entry pricing around $499, targeting practical productivity, gaming, and creative workloads.
- Recent steps include a TCS collaboration to scale enterprise GenAI adoption and a Riot lease delivering 25 MW at Rockdale under a 10-year term.