June 27, 2025

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Nvidia's $3.77T Surge, Microsoft, Apple, DeepSeek AI Growth

Nvidia's dominance in the AI sector continues to drive significant market activity. The company's stock has repeatedly hit record highs, reaching levels around $154-$157, and its market capitalization has soared to approximately $3.77 trillion, briefly positioning it as the world's most valuable company, trading places with Microsoft and Apple. Analysts like those at Loop Capital are highly optimistic, setting price targets as high as $250, envisioning a potential $6 trillion market cap for Nvidia and predicting a 'Golden Wave' of AI adoption. Bank of America estimates a $650 billion AI chip market by 2030, where Nvidia is expected to be a key player. This surge is rippling through the industry, benefiting companies like Jabil, which is seeing increased revenue and earnings due to demand for AI data center hardware, and cloud infrastructure providers like CoreWeave and Oracle, both experiencing substantial growth. Micron is planning a massive $200 billion investment in U.S. chip manufacturing, supported by the Trump administration, to capitalize on AI demand. Meanwhile, China is ramping up its AI spending, projected to reach $84 billion to $98 billion by 2025, driven by competition with the U.S. and the success of companies like DeepSeek. Despite the overall positive trend, not all companies are seeing immediate benefits; Marvell Technology's stock has struggled despite its involvement in custom AI chips. Pi Network's token experienced a surge due to rumors of an AI partnership with Google, while BigBear.ai faces financial challenges despite its focus on AI solutions for national security. Asian chip stocks, including SK Hynix, TSMC, and Foxconn, have also been boosted by Nvidia's surge, reflecting confidence in the AI sector's future.

Key Takeaways

  • Nvidia's stock hit record highs, reaching around $154-$157, with a market cap of $3.77 trillion.
  • Loop Capital projects Nvidia's stock could reach $250, potentially leading to a $6 trillion market cap.
  • Bank of America estimates the AI chip market will reach $650 billion by 2030, with Nvidia as a key player.
  • Jabil's revenue increased by 16%, and earnings rose 35% due to AI data center hardware demand.
  • CoreWeave's revenue increased 420% year-over-year to $981 million, with a revenue backlog of almost $26 billion.
  • Micron plans to invest $200 billion in U.S. chip manufacturing and research over the next 20 years.
  • China's AI spending is projected to reach $84 billion to $98 billion in 2025, driven by competition with the US.
  • Marvell Technology's stock has dropped 32% this year despite its involvement in custom AI chips.
  • Pi Network's token surged 38% due to rumors of an AI partnership with Google.
  • Nvidia's surge boosted Asian chip stocks, including SK Hynix, TSMC, and Foxconn.

Nvidia stock hits record high amid AI boom

Nvidia's stock reached a record high of $154.10, making it the world's most valuable company at $3.76 trillion. Loop Capital raised its price target for Nvidia to $250, predicting a 'Golden Wave' of AI adoption. Nvidia's gains reflect the stock market's focus on AI, with analysts estimating strong earnings growth. Microsoft and Apple have recently traded places with Nvidia as most valuable company. Nvidia has rebounded 60% since April, and the S&P 500 technology sector is at an all-time high.

Nvidia stock climbs higher as AI 'golden wave' continues

Nvidia's stock rose again after reaching a record high, driven by positive predictions for the AI chip market. Loop Capital analyst Ananda Baruah increased his price target for Nvidia to $250, suggesting a possible $6 trillion market value. Baruah believes the AI chip market could reach $2 trillion by 2028, fueled by government demand and new AI chips. Bank of America predicts a more modest $650 billion AI chip market by 2030, with Nvidia as a key player. Micron's strong earnings also indicate growth in the AI data center market.

Nvidia stock hits new record amid AI optimism

Nvidia's stock price reached a new record high of $156.99, continuing its rise after a previous record close. Earlier in the year, concerns about DeepSeek and tariffs caused Nvidia's stock to drop. Loop Capital raised its price target for Nvidia to $250, citing a 'Golden Wave' of AI adoption. Nvidia's recent gains reflect renewed investment in AI, despite a low dollar after reports about a new Federal Reserve chair.

Jabil stock soars with AI growth

Jabil, a contract electronics manufacturer, is benefiting from the growth of artificial intelligence. The company's revenue increased by 16%, and earnings rose 35% due to demand for AI data center hardware. Jabil raised its full-year revenue forecast to $29 billion and expects AI revenue to jump 50% to $8.5 billion. The company plans to invest $500 million in cloud and AI data center infrastructure. Jabil's stock has increased 45% this year, and analysts predict further gains.

CoreWeave versus Oracle which AI stock is better

CoreWeave and Oracle are both benefiting from the increasing demand for cloud computing infrastructure for AI. Oracle's stock is up 50% in the past year, with a 41% increase in remaining performance obligations (RPO) to $138 billion. Oracle expects its revenue growth to almost double in fiscal year 2026, driven by its Oracle Cloud Infrastructure (OCI) segment. CoreWeave's revenue increased 420% year-over-year to $981 million, with a revenue backlog of almost $26 billion. Both companies are investing heavily in data center capacity to meet the growing demand for AI infrastructure.

Micron gets Trump support for $200B US chip plan

Micron Technology plans to invest $200 billion in U.S. manufacturing and research over the next 20 years. This includes $150 billion for manufacturing facilities and $50 billion for research and development. The announcement follows Micron's record third-quarter revenue of $9.3 billion, driven by AI demand. The investment includes a second memory fabrication facility in Boise, Idaho, and expansion of the Virginia facility. President Trump's administration supports the plan to strengthen domestic semiconductor manufacturing.

China AI spending to hit $98 billion amid US rivalry

China's AI capital spending is projected to reach $84 billion to $98 billion in 2025, driven by competition with the US. Government investment is expected to contribute $56 billion, while major internet firms will contribute $24 billion. The increase reflects enthusiasm for AI following DeepSeek's success with open-source AI models. Chinese Big Tech companies like Alibaba and Tencent are increasing AI investments. China aims to match the US government's investment in AI data centers.

Marvell stock struggles despite AI boom Is it a buy

Marvell Technology's stock has dropped 32% this year due to disappointing guidance. The company develops custom chips for data centers as alternatives to Nvidia's GPUs. Despite the AI opportunity, Marvell's stock has struggled, but Q1 sales were nearly $1.9 billion. Marvell's forward P/E is 26, slightly higher than the S&P 500 average. Tariffs and economic conditions could affect Marvell's performance, but long-term investors may find it a worthwhile addition.

Pi Network token jumps on AI plans Google rumors

Pi Network's token surged 38% due to rumors of an AI partnership with Google. The speculation began after Pi Network's co-founder spoke at Consensus 2025 on a generative AI panel. Pi Network announced an event called Pi2Day, leading to increased interest. The Pi Network token peaked at $0.65 before dropping to $0.57. Social media users are discussing the potential AI announcement, with some suggesting a Google AI deal.

BigBear.ai stock what's happening now

BigBear.ai, an AI solutions provider for national security, faces financial challenges despite its market position. The company's revenue growth is stagnant, with a 2% increase in 2024, while losses have deepened. BigBear.ai has secured key government contracts and has a growing backlog. However, concerns remain about execution, reliance on federal contracts, and stock volatility. The company's valuation appears disconnected from its operational realities.

Nvidia's surge boosts Asian chip stocks amid AI optimism

Nvidia's stock surge to $3.77 trillion boosted chipmakers across Asia, including SK Hynix, TSMC, and Foxconn. SK Hynix, a major supplier for Nvidia's AI systems, jumped 3.53%. TSMC, which manufactures Nvidia's GPUs, climbed 0.47%. Foxconn, involved in building AI factories with Nvidia, gained 0.77%. Japanese tech firms like Advantest and Tokyo Electron also saw gains. Despite export curbs to China, investors remain confident in Nvidia's leading position in AI.

Nvidia's market surge signals future of AI investment

Nvidia's shares reached $154.31, elevating its market value to $3.77 trillion. Loop Capital set a $250 price target for Nvidia, anticipating a $6 trillion market cap. AI infrastructure spending is expected to increase significantly, with non-CPU compute spending rising sharply. Tech giants are projected to increase AI and AI accelerator compute spending to $2.0 trillion by 2028. Nvidia anticipates growing demand for AI factories, potentially leading to $450 to $900 billion in sales.

Sources

Nvidia AI Artificial Intelligence Stock Market AI Chips Data Centers Cloud Computing Micron Technology China Marvell Technology Pi Network BigBear.ai SK Hynix TSMC Foxconn Loop Capital Oracle CoreWeave AI Infrastructure Investment Revenue Earnings Government Contracts Semiconductor Manufacturing AI Adoption Market Value Price Target AI Factories DeepSeek Tariffs Federal Reserve Generative AI Google National Security Asian Chip Stocks AI Spending AI Models Open-Source AI AI Data Center Hardware Cloud Infrastructure AI Solutions AI Accelerator AI Compute Spending