February 10, 2025

On February 10, 2025, the U.S. stock market saw notable movements in the artificial intelligence (AI) sector, with several key companies experiencing significant stock activity.

NVIDIA Corporation (NVDA):

NVIDIA's stock rallied, closing at $134.39, up approximately 3.5% from the previous close. This increase occurred despite reports that OpenAI is developing its own AI chips to reduce reliance on NVIDIA's processors. OpenAI plans to finalize chip designs soon, with production by Taiwan Semiconductor Manufacturing (TSMC) slated for 2026. Analysts remain optimistic about NVIDIA's prospects, anticipating positive fiscal fourth-quarter results to be reported on February 26.

investors.com

monday.com Ltd. (MNDY):

monday.com experienced a significant surge, with shares rising 29% to $333.76 following an impressive earnings report. The company reported an adjusted profit of $1.08 per share, surpassing analysts' expectations, and announced the upcoming launch of its AI enterprise-service management product. This move underscores the growing emphasis on AI-driven software solutions in the market.

barrons.com

Advanced Micro Devices Inc. (AMD):

AMD's stock increased by approximately 2.8%, closing at $110.56. Analysts predict significant growth potential for AMD, with some forecasting a 110% upside from its current share price, citing the company's advancements in AI computing.

m.economictimes.com

Super Micro Computer Inc. (SMCI):

Super Micro's stock rose by over 5%, marking its longest winning streak in six months. This gain comes ahead of a business update, despite uncertainties related to delayed financial reports and potential Nasdaq delisting risks. The company remains a prominent player in the AI server market.

marketwatch.com

Overall, the AI sector demonstrated resilience, with several companies reporting positive developments and stock performances. Investors continue to monitor advancements in AI technology and their implications for the market.