AI boom

VanEck Semiconductor ETF trades at reasonable forward P/E of 23 despite elevated trailing multiple, positioned for continued gains as AI infrastructure demand drives sector earnings growth.

ASML slashes 1,700 positions despite €32.7B revenue and 52.2% margins. Dutch labor laws delay layoffs as workers protest expansion contradiction.

Nvidia could see triple-digit gains after CEO unveils trillion-dollar opportunity, trading at modest valuations with institutions accumulating shares at 3-to-1 pace.

Iren secures $9.7B Microsoft GPU computing contract, positioning itself as critical AI infrastructure player with power, land, and scale advantages.

Nvidia's stock jumped 50% since June 2024's split, but the $183 share price suggests another split is years away, likely around 2028.

Nasdaq rallies 1.7% as tech giants Nvidia, Amazon, Meta lead recovery from geopolitical tensions. However, gains remain modest as major tech stocks trade well below 52-week highs.

Nvidia reports Q4 earnings February 25 amid strong AI chip demand signals from suppliers and customers, with analysts watching guidance for sustainability of AI spending trends.

Microsoft's stock price nears $397, reigniting split speculation. However, analysts note higher-priced peers haven't split recently, suggesting no imminent action likely.

Micron Technology capitalizes on AI demand with 57% revenue growth and strong valuation metrics. The chipmaker expands capacity with a $100 billion New York facility.