Nvidia’s (NVDA) home run third-quarter results and guidance provided an uplift for an array of stocks related to artificial intelligence infrastructure.
Server and storage company Supermicro (SMCI) edged up nearly 3% during early market action on Thursday. Fellow server solutions companies Dell Technologies (DELL) and HP Enterprise (HPE) were up 4% and 1.5%, respectively.
Earlier this week, Dell and Nvidia announced a new partnership to integrate advanced Nvidia hardware into its servers to provide enterprises with the power to drive AI applications and high-performance computing. Similarly, Supermicro revealed its new AI factory cluster, which it said is a full-stack solution comprised of Supermicro’s portfolio of AI-optimized systems, Nvidia software stack and Nvidia Spectrum-X Ethernet.
Cisco Systems (CSCO) had inched up 1.5%. Last week, during Cisco’s earnings call, CEO Charles Robbins highlighted an expansion of its partnership with Nvidia and the new N9100 switch based on Spectrum-X silicon.
“We are now the first Nvidia partner to offer networking compliant with their cloud reference architecture,” Robbins said. “The N9100 available in the second half of fiscal year ’26 will provide the operational consistency and flexibility needed for sovereign and neocloud providers to build and manage AI at scale.”
Fellow chipmaker Intel (INTC) had climbed 3%. Intel is working with Nvidia to jointly develop multiple generations of custom data center and PC products that accelerate applications and workloads across hyperscale, enterprise and consumer markets.
GE Vernova (GEV), which provides power equipment for Nvidia, had increased 4.5%.
Cadence Design Systems (CDNS), who provides software and agentic AI solutions for Nvidia, was up nearly 3%.
Optical component suppliers Coherent (COHR), Fabrinet (FN) and Lumentum (LITE) had climbed 8%, 4% and 3.6%, respectively.
Celestica (CLS), which is a partner and competitor with Nvidia for backend scale-out AI infrastructure, was up 3%.
Nvidia chip rival AMD (AMD) had inched up 2% during early market action. And Taiwan Semiconductor Manufacturing (TSM), which manufactures Nvidia’s GPUs, had increased 3%.
Semiconductor equipment manufacturers were all trading higher as well. With ASML (ASML), Lam Research (LRCX) and KLA (KLAC) up 1%, 3% and 2.6%, respectively.
Cloud service providers, which run the AI data centers fueled by Nvidia GPUs, were also rising. CoreWeave (CRWV) and Nebius (NBIS) were up 7% and 5.5%, respectively. Oracle (ORCL) has increased 1.9%.