AI stocks surge after Musk touts insatiable demand and Super Micro forecasts

boursorama.com (French) —

AI infrastructure stocks rose in extended trading after Elon Musk highlighted insatiable demand for computing power during SpaceX's earnings call, with Applied Digital, CoreWeave, and IREN gaining roughly 4-5%. Musk stated that hyperscalers and dozens of smaller companies are relentlessly seeking to rent more computing capacity, noting the company could lease its power multiple times over. Server maker Super Micro also jumped 6% following optimistic forecasts, while Dell and HPE rose about 6% and 5% respectively. Other AI-related firms followed the upward trend, with Hut 8 gaining 3.8% and Core Scientific up 3.5%, reflecting broad market enthusiasm for AI infrastructure investments.


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