Super Micro Computer saw a 6% increase in its shares on Monday, along with other stocks in the artificial intelligence (AI) sector. The company, which specializes in data center technology and is a partner of Nvidia, has been benefiting from the AI boom. Super Micro's shares have tripled in value this year. Analysts at Vanda Research have suggested that Super Micro Computer, along with Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing Company (TSM), could serve as alternative investment options for those concerned about Nvidia's future performance in the AI market. On Monday, Nvidia's shares also experienced growth due to positive outlooks from Wall Street analysts.
AMD's shares increased by almost 4%, while TSMC saw a rise of over 1%. Furthermore, Corning's shares were boosted by the overall optimism surrounding the AI industry.
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